SCA Property Group has launched its latest offering, the SCA Unlisted Retail Fund 3 (“SURF3”)
The Fund is a 6.5 year unlisted property fund targeting distributions of 7.1% p.a in FY19 and FY20.
The Fund will invest in a portfolio of 4 regional retail properties in NSW, QLD and VIC, secured by Woolworths and Target as anchor tenants.
Core Property has reviewed SURF 3 and issued a RECOMMENDED rating for the Fund.