Multiplex Acumen Property Fund (MPF)

Shares / Stock Code

MPF

Stock Exchange / Sharemarket

ax

Multiplex Acumen Property Fund (MPF) is an Investment property fund that invests in listed and unlisted property securities. MPF mainly makes investments in a portfolio of unlisted property trusts, which provide investors with an opportunity to gain attractive returns, tax-advantaged distributions and the liquidity benefits of an ASX listing. The Fund listed on the Australian Stock Exchange (ASX) on July 8th, 2003. MPF offers strong diversification across three asset classes, five property sectors, 11 geographic locations and 31 managers. Its property securities investment portfolio comprises in excess of 61 different property investments that in turn hold about 3,000 properties and reflect an average expiry lease term of around 5.7 years. The total assets of the Company are valued at approximately $3421 million. The responsible entity of Multiplex Acumen Property Fund is Brookfield Multiplex Capital, which is a wholly owned subsidiary of Brookfield Asset Management. Brookfield Asset Management holds approximately US$90B in global funds under management.

Multiplex Acumen Property Fund History

MPF floated on the Australian Stock Exchange in July 2003 with the goal of making investments in unlisted property sector on behalf of investors.