Head of Healthcare Property, PartnerRead More
The Barwon Disability Accommodaiton Fund is an open-ended fund focused on acquiring and developing high quality Specialist Disability Accommodation (SDA) across Australia.
SDA is a range of specialist housing designed for people with extreme functional impairment or very high support needs. In 2016, legislation was introduced under the National Disability Insurance Scheme (NDIS) to provide government funding and encourage private investment to develop, own and operate this specialist form of residential accommodation. Designed to cater to the needs of those with extreme functional impairment and high support needs, when an SDA funded participant occupies an SDA property, their rent is paid for by the NDIS.
The Fund provides investors with an opportunity to earn attractive risk-adjusted returns via a diverse portfolio of development and income-producing enrolled SDA properties. The Fund willl own a mix of standalone homes, clusters of townhouses or villas, and seletive apartments projects with a focus on locations with high amenity in Australian metropolitan areas and major regional centres.
The Fund seeks to provide investors with distributions of 5% – 7% p.a. paid quarterly, with further potential for capital growth,
The Fund will principally acquire existing income producing properties however has the ability to enter into forward purchases or build-to-own development activities in order to secure high-quality projects.
Barwon’s Investment team has a very diligent approach in assessing its pipeline of high-quality off-market opportunities diversified across different geographies, building types and NDIS participant categories. All assets are located in Australia in metropolitan and major regional locations.
The Fund’s pipeline is strong with high quality off-market opportunities spread across different geographies, building types and NDIS participant categories.
All assets are located in Australia in metropolitan and major regional locations
As at 31 March 2023
|Fund Name||NAV Price||Income Return ITD p.a.||Capital Return ITD p.a.||Total Return ITD p.a.||Fund Inception|
|Barwon Disability Accommodation Fund||1.0080||2.10%||-0.99%||2.02%||1-Aug-21|
The performance figures are net of taxes, fees and expenses and assuming distributions are reinvested.
While reasonable care has been taken in the preparation of this content, Barwon Investment Partners Pty Limited ABN 19 116 012 009 AFSL 298445 makes no representation as to the accuracy or completeness of any statement in it, including without limitation, any forecasts. Past performance is not a reliable indicator of future performance.
Barwon is seeking to be at the forefront in clean energy management and development of healthcare real estate assets within Australia, a sector that has traditionally lagged other sectors such as office and retail in regards to emissions reduction strategies and management.
Barwon is implementing a range of management and technology initiatives to reduce carbon emissions and to implement more environmentally sustainable operating solutions.
Barwon is actively exploring opportunities to install solar power systems to supplement existing power sources in its larger properties. This aims to reduce fossil fuel power reliance and provide energy savings for our tenants.
The Fund aims to improve the lives of our residents, people with disabilities that mean they have extreme functional impairment or very high support needs, by owning best-in-class SDA properties that promote a resident’s independence, access to community and dignity. Overall the SDA sector is aiming to house the estimated 28,000 Australians that will require disability accommodation.
The Fund partners with sophisticated Supported Independent Living (SIL) and SDA providers who are committed to instilling best-practice into their operations and focused on maximising participant outcomes. The Fund also employs good governance across its investing and risk management activities through Barwon’s Investment Committee, Risk Officer and ESG Committee.