Harvest Hotels - Pub Fund 3

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Investment start date

June 2022

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Asset Class

Alternative Property

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Return

Targeting 17.0% p.a.

This investment opportunity relates to a Pub accumulation strategy, based in the suburban areas of South Australia, targeting 12 local regions of high growth within Adelaide. 

Harvest Hotels have a strong track record, having distributed 10.76% in cash to investors in FY21 in other Funds, and have generated an average weighted IRR of 28% on equity (net of fees) since inception in 2014. Harvest Pub Fund 3 is completing an initial capital raise of $50m and is forecast to return 8% annual cash distributions (paid quarterly) and capital growth, with a forecast Fund equity IRR of 17% net of management fees.