EntRE employs a value focused investment strategy, which is particularly appropriate in the current property market and the opportunities it provides.
The first round of investments, which include interests in 178 Georges Terrace, Perth and the Park Hyatt Hotel, Sydney have provided attractive returns to EntRE’s existing investors.

 

 
Investment Portfolio Update - March 2008
Direct property assets 178 St Georges Terrace, Perth - The property was acquired for $12.88m in July 2007 and is now for sale, with tenders due to close on 3 April 2008.
420 Collins Street, Melbourne – New leases have been executed, increasing rents by over 30%.
Indirect property assets Park Hyatt, Sydney – The sale of the property was completed on 29 February 2008, providing a return of $1.42 per unit on the investment cost of $1.01 per unit.
Securities investments Due to the short term volatility in the listed property securities market, EntRE has not invested in this sector. The fund will time investments in this sector in order to take advantage of value based buying opportunities as they emerge over the next 3 months.
Market linked investments EntRE has not and will not invest in the Hong Kong market due to the global liquidity crisis, volatility in currencies and the uncertainty surrounding the US economy, which has a significant impact on the Greater China growth rates.