STOREHOUSE
Storehouse Residential Trust is an Illiquid Trust
Penrith Plaza-one of our building projects
Storehouse Residential Trust is an Illiquid Trust
Storehouse Residential Trust is an Illiquid Trust
Frequently Asked Questions
Liquidity
LIQUIDITY
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Storehouse Residential Trust is an illiquid trust as its value is derived from residential properties.
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Withdrawals from the Trust are permitted only if the Trust is liquid and when a request for withdrawal is received.
Fund has reliable valuation of the properties in its portfolio.
Fund has reliable valuation of the properties in its portfolio.
Fund has reliable valuation of the properties in its portfolio.
Fund has reliable valuation of the properties in its portfolio.
Frequently Asked Questions
Valuation
VALUATION
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Any unit pricing mechanism for a fund requires as its base a reliable valuation of the properties in its portfolio.
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Storehouse Residential Trust for both its direct property and shared equity products have established reliable valuation processes based upon a combination of standard residential valuation procedures and well established residential property indices.
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The residential sector has a number of regularly published forecasters both with regard to home prices and rental returns, and also has extensive data bases of sales history. The information available to form a unit valuation is more detailed then currently adopted in respect of other property classes.
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At settlement investments are based upon an independent valuation service provided by Corelogic to the banking sector. The same service is used to verify valuations for the purposes of any repayment of shared equity investments.
Experts in each aspect of its Residential Asset Management
experts in each aspect of its residential asset management.
Experts in each aspect of its Residential Asset Management
Experts in each aspect of its Residential Asset Management
Frequently Asked Questions
Residential Expertise
RESIDENTIAL EXPERTISE
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Storehouse appoints independent experts in each aspect of its residential asset management.
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Treadstone Pty Ltd is its lead advisor in establishing the investment strategy and links to major property groups and Government particularly as it relates to the positioning and investment in new master planned communities. Treadstone is also retained by Government and major Australian property groups for its residential planning and market expertise.
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Ongoing management and valuation of the individual investments in the portfolio is contracted to third party organisations based upon a proven track record of expertise and pricing.
Portfolio includes fixed rate home loans which are secured by mortgage. Investment strategy is diversification of risk
Portfolio includes fixed rate home loans which are secured by mortgage. Investment strategy is diversification of risk
Portfolio includes fixed rate home loans which are secured by mortgage. Investment strategy is diversification of risk
Portfolio includes fixed rate home loans which are secured by mortgage. Investment strategy is diversification of risk
Frequently Asked Questions
Mortgage Risk
MORTGAGE RISK
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The investment portfolio includes some fixed rate home loans which are secured by mortgage.
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The shared equity investments of the trust are also secured by 2nd mortgage.
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All mortgage backed investments made by the trust are made subject to prime credit criteria, The credit criteria are independently determined and applied by third party banking organisations based upon the prevailing guidelines set by The Australian Prudential Regulation Prudential Authority (APRA).
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A key part of the investment strategy is diversification of risk. Currently at September 2023
- no mortgage backed investment of the trust exceeds 2% of the entire pool.
- the trust has not experienced since inceptio (August 2012) a default on any shared equity investment or a loss on any shared equity or direct property investment. (Note _ Past performance is not a necessarily guide to future performance)