Investments exposed to urban renewal and regeneration – URB is the only listed investment company in Australia investing solely in Equity Assets and Direct Property Assets exposed to urban renewal and regeneration;
Alternative asset class – URB’s unique focus on urban renewal and regeneration investments provides an opportunity for diversification and growth of an investor’s portfolio;
Equity investments – access to investments within the Urban Renewal Universe which is made up of 89 stocks from ASX All Ordinaries Index of 500 stocks, has a combined market capitalisation of almost $350 billion. URB’s Equity Portfolio will seek to complement more mainstream equity portfolios as URB does not intend to hold banking or resource stocks;
Direct Property Assets – URB will have a 49.9% interest in the Direct Property Assets which have a value of approximately $59 million. The Direct Property Assets are located in New South Wales in Kingsgrove, Prestons and Penrith. URB considers that all Direct Property Assets have potential for valuation uplift through income and capital growth; and
Co-Investment Agreement – through the Co-Investment Agreement, URB will have the right to co-invest, on an equal basis with Soul Pattinson, in all Direct Property Assets originated by PSRE that are presented to Soul Pattinson. Direct property investments will therefore be made alongside Soul Pattinson, one of Australia’s oldest and respected investment houses.