Dividends & Distributions
Annual Dividend Policy
The Fund is designed to generate annual distributions through a combination of development debt income, participation in project-level development profits and proceeds generated from asset sales, providing multiple potential sources of distributable returns across the investment portfolio.
DISTRIBUTION POLICY
Income and Realised Returns for LP Investors
The Fund targets annual distributions from available distributable proceeds generated through secured development debt and selective project-level equity participation. The amount and timing of any distribution remains subject to the Fund terms and available cash.
SOURCES OF FUND RETURNS
Two Complementary Return Drivers
SECURED DEVELOPMENT DEBT
Contractual Interest
Interest income from development lending provides a potential source of Fund income
PROJECT-LEVEL EQUITY PARTICIPATION
Realised Development Profits
Selective equity participation provides exposure to project profits as investments are realised
DISTRIBUTION PROCESS
From Project Cash Flows to LP Distributions
Project Returns
Interest and realised project proceeds received by the Fund
Fund-Level Assessment
Available distributable proceeds assessed under the Fund terms
LP Distributions
Payments to LP investors in accordance with Fund provisions
PAYMENT TIMING & CONDITIONS
What Determines a Distribution?
Available Proceeds
Cash generated and realised across the Fund’s investments
Fund Requirements
Operating costs, obligations and funding requirements
Fund Terms
Applicable distribution provisions and authorisations
Project Timing
Interest receipts and project realisations may vary
Understand the Fund's Distribution Terms
Request further information about target distributions and the Fund’s proposed economics