8 March 2022

Community and Social Services Property Fund (Fund) is a multi-asset, open-end unlisted property fund that will focus on investing in assets that provide goods and services to the community.

The Fund offers an opportunity to invest in targeted real estate assets underpinned by leases to tenants who focus on providing basic goods and services that, by their very nature, are essential for the community’s day-to-day living.

Mario Papaleo, Chief Investment Officer of KM Property Funds commented, “The Fund is able to invest in a wide range of property sectors, including childcare, health, wellbeing and fitness, convenience retail and social housing, meeting the day-to-day needs of the community and making it highly attractive for ESG-conscious investors.”

The Fund's initial portfolio comprises four properties in Victoria, South Australia, Western Australia and the Australian Capital Territory that mainly consist of childcare and general medical tenants.

Since launching the Fund, KM Property Funds has agreed terms to acquire a new childcare centre to be developed in Kingsley Western Australia for Nido Early School. The latest acquisition meets the objectives of the Fund to expand the portfolio and grow income and property diversification for investors.

KM Property Funds will actively manage the property portfolio optimising investment performance, property and tenant diversification for investors.

“The Fund aims to provide investors with monthly income of between 5.0% to 5.5% per annum, with a potential for capital growth, and is available for investment with as little as $10,000.” Mr Papaleo says.

“Community and Social Services Property Fund is our first open-end unlisted property fund, and we are excited to be continuing the diversification of property fund opportunities for investors,” Mr Papaleo says.

Independent research house, Core Property Research, awarded a Recommended rating to the Fund. A copy of the research report and Product Disclosure Statement are available on the KM Property Funds website.
KM Property Funds has approximately $350 million in assets under management, led by a team of experienced, trusted and reliable fund managers.

For more information, contact:
Renee Taylor | +61 418 116 297
Mario Papaleo | +61 413 388 422