Tea Tree Opportunity Trust

Barrenjoey Private Capital Management and Scentre Group are pleased to present the opportunity to participate in an equity investment of c.$144 million in Tea Tree Opportunity Trust (Trust), subject to the terms contained in the Information Memorandum.

INVESTMENTS WILL NOT BE ACCEPTED UNTIL THE INVESTMENT MEMORANDUM IS RELEASED, WHICH IS EXPECTED TO BE IN EARLY MAY 2024.

Attractive returns

Est. pre-tax IRR 15%+

9.25% P.A. initial dist.

Partially tax deferred

Leading centre

Destination mall in its trade area

Defensive income profile

99.1% Leased

Attractive entry point

Acquisition at deep discount

Significant recent capital invested

Low CAPEX forecast