Parkstone Funds Management

Parkstone Funds Management (PFM) is a privately owned boutique investment and funds management business comprising a diversified and experienced team with a focus on building long term partnerships with our investors, and investment stakeholders.

Directors Tim, Christopher and Jarrad have combined industry experiences of over 75 years and each of the directors provide complementary skill sets with proven track records in investment management, taxation advice, retail and industrial property management, leasing and development, incorporating debt financing.

Parkstone Funds Management has a focus on higher yielding passive income retail assets anchored by ASX listed non discretionary spend tenants across Australia, with a specialisation in supermarket anchored neighbourhood shopping centres.

In addition to the investment management the Parkstone team take an active roll in the management of the asset ensuring sustainable long term relationships are forged with all stakeholders which in turn assists in delivering optimum returns and net distributions to our investor base.

AFSL Licence No. 526885

Corporate Governance

Parkstone Culture

Management team have deep sector specific experience in corporate real estate development, investment and funds management
Consistent alignment of interests
Board focused on value add to Parkstone and investors
Board oversight and evaluation of Management Team in the context of delivering on strategies and objectives
Culture of ethical and responsible corporate actions
Institutional service, family spirit

Structure

Parkstone Fund Management Pty Ltd (ACN 629086559) holds a current Australian Financial Services Licence (AFSL No 526885)
Parkstone utilises a range of corporate structures depending on the investment type and investor needs

Investment Committee

Combined real estate experience and/or corporate experience of more than 100 years
Previous IC member roles include Chairman, Executive Chairman, CEO, Managing Directors and founders
Broad experience across listed and unlisted markets both domestically and globally
Deep experience across real estate, real estate development, finance, equities, accounting and compliance

Risk Management

Stringent financial reporting frameworks in place to ensure effective risk management and ongoing oversight
Adoption and implementation of policies and procedures laying a solid foundation for internal controls and accountability
Active monitoring of operational and financial risk
Quartely reporting to monitor effectiveness of and compliance with policies governing operations
External audit undertaken annually
Compliance processes in place to ensure compliance with legislative and regulatory requirements

Investment Information

When an appropriate commercial property has been sourced and Heads Of Agreement signed and Due Diligence undertaken, Parkstone offers wholesale clients access to this investment via a ‘property syndicate’ which is a wholesale unregistered managed investment scheme.

This syndicate buys the property via a unit trust structure and investors contribute up to 35%-40% of the cash required to acquire the property and the balance is funded by bank facilities.

Purchasing a property this way provides investors with the benefit of Parkstone’s stakeholder networks enabling access to this scale of asset ownership which is either too costly for them to own individually or too challenging to access or source alone.

Details of the particular oportunity are contained in an Investment Memornadum which provide detailed specifics of the sourced property including costs, net returns, assumptions and risks involved.

Generally, income is payable to investors quarterly and depending on a variety of factors, the property may be sold after 5 years.

Parkstone Funds Management Pty Ltd holds AFSL number 526885 which enables the company to offer this investment to wholesale clients only.

The information in this website contains general advice and is provided by Parkstone Funds Management Pty Ltd AFSL 526885. That advice has been prepared without taking your personal objectives, financial situation or needs into account. Before acting on general advice, you should consider the appropriateness of it having regard to your personal objectives, financial situation and needs and seek professional advice.