Case Study: 360 Capital Industrial Fund (ASX:CIP)

  • Acquired as part of Becton Portfolio in 2010
  • First A-REIT IPO on ASX post GFC
  • Grew portfolio from $330m to $900m over 6 years
  • Listed on ASX in 2012 and recapitalised fund
  • Active portfolio management: ~$300m acquisitions, $150m disposals, WALE increased from 3 years to 5 years
  • Leased over 300,000 sqm, extended facilities, capex
  • Grew organically and through M&A activity (ANI takeover 2015)
  • Active asset management and responsible capital management enabled distributions to increase every year
  • Focused on core Australian industrial markets
  • Returns driven from generic well leased industrial facilities
  • Disposed co-investment and FM rights to Centuria in 2016