Investa First
Industrial Trust
Investa First Industrial Trust (“IFIT”):
- was established in February 2002 as a closed end property trust
- had an initial life of 12 years with a review event to consider the future of the trust in 2008
- held interests in five industrial properties located in NSW (x3), Queensland (x1) and Victoria (x1)
- sold all of its properties in September and December 2007
- paid distributions totalling 122.9 cents per unit during the year ended 30 June 2008 (which included a return of capital) and the final distribution was paid on 11 July 2008
- redeemed all of the units on 30 June 2008 for nil consideration
- delivered an estimated return of 14.5% p.a. during the life of the trust (outperforming the Mercer Unlisted Property Fund Index of 14.2% p.a. for the same period)
- has now been wound up
If you have any questions about your prior unitholding, distribution or tax statements, please contact Link Market Services on 1800 635 323.
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