RF Corval Industrial Infill Trust 2
Portfolio of industrial assets in urban infill locations.
Targeting 12-14% net equity IRR over a 5–7 year term
Seeded with a premium asset under a 25-year triple-net lease
Focused on repositioning A and B-grade assets in land-constrained urban locations
Wholesale investors only
RF Corval Industrial Infill Trust 2
The RF Corval Industrial Infill Trust 2 was established to target urban infill industrial real estate opportunities, creating an institutional grade portfolio of industrial assets in Australia’s capital cities. These metropolitan locations, close to a tenant’s end customer, are in high demand from occupiers and land is very tightly constrained. Underlying land value represents a high component of asset value offering some strong downside protection. A combination of market and CPI linked rent reviews drives cash flow and acquisition cap rates are at an attractive spread to prime logistics and the risk free rate.
Highlights Video
Feature | Details |
Minimum Investment | $100,000 |
Investor Eligibility | Wholesale and sophisticated investors only |
Target Gearing | 40–55% Loan-to-Value |
Distribution Frequency | Quarterly (income not guaranteed) |
Fee Rebates for First Close (February 2025) | 1.5% issued as additional Units |
Urban Demand:
Population density increases demand for industrial real estate near key urban areas.
Supply Constraints:
Land scarcity in A-grade locations creates pricing advantages.
E-Commerce Expansion:
Additional warehousing needs are projected to reach 4 million sqm in the next five years.
For more information about this Fund:
Seed Asset Details: Girraween, Sydney
Cordina Poultry Group Headquarters
- Location: Girraween, Sydney – close to Parramatta and major transport corridors.
- Site Size: 5.4 hectares with 17,158 sqm of lettable area.
- Tenant: Cordina Poultry Group, a leader in food processing since 1945.
- Lease Details: 25 years, 3% annual rental increases, triple-net lease.
- Initial Yield: 5.7% at a gross purchase price of $103.5 million.
Next Steps
- Request a copy of the Information Memorandum (IM).
- Consult your financial adviser.
- Apply online.
Speak with our Team
Anna Tearle
Business Development Associate
+61 423 080 526
Important Information
Corval Partners Limited (ACN 130 628 830) (Corval Partners) is the trustee of the RF Corval Industrial Infill Trust 2 (Fund). Before making an investment in relation to the Fund, it is important you read the information Memorandum (IM) dated 21 January 2025.
The information included on this website has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision, you should consider the IM and consult your financial adviser or other professional advisers to determine whether the Fund suits your objectives, financial situations or needs. If you acquire units in the Fund, then Corval Partners and its related parties may receive fees from the Fund. Those fees are disclosed in the IM.
Any investment, including an investment in the Fund, is subject to risk. If a risk eventuates, then it may result in reduced distributions and/or a loss of some or all of your capital invested. The IM includes further examples of some of the key risks of an investment in the Fund. Past performance is not indicative of future performance. Any forward-looking statements on this website are provided as a general guide only and subject to the risks and assumptions set out in the IM. Neither capital growth, distributions or tax consequences are guaranteed.
Units in the Fund are issued at a unit price determined in accordance with Corval Partners’s unit pricing policy (Policy). The Policy has been prepared in accordance with the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) Unit Pricing: Guide to Good Practice.