Fund 2B was established in 2019 to allow investors wanting a high yield exposure to Australian hospitality. The fund is targeting mid-teen returns and inflationary capital growth. 2B is property lite (typically 20-30%) and will invest mainly in Management Rights. This model is well established in Australia, backed by legislation in most states and is used by many major hotel chains (eg Quest, Mantra, Adina). The risk profile of these assets is very different to other TARHF assets but not necessarily higher. Management Rights tend to have more stable capital values and often a solid floor (and ceiling) in value. While part of a regional fund, 2B will also make investments in some capital cities.
For further information, please contact John Zeckendorf (jz@mandala.net.au) or (rs@mandala.net.au).
FUND 2B – PORT DOUGLAS
