20061123 Aurora Funds Management Limited Townsville Apartment Project
4
23 November 2006 FUNDS M A N A G E M E N Aurora Funds Management Limited ABN 69 092 626 885 AFSL No. 222110 Level 11 Aurora Place, 88 Ph~llipStreet & Sydney NSW 2000 PO Box R1695 Royal Exchange NSW 1225 -=- Telephone: (612) 9080 2377 Toll Free: 1300 553 431 Dear Mr Mor We are pleased to introduce you to the capital raising for the Townsville Apartment Project being issued by Fortia Funds Management. The Fortia Group is an independently owned fund manager that was established in 2001, and currently manages property and development funds including joint ventures with an end value in excess of $350 million. Fortia's aim is to enable investors to share in the benefits of the ownership of high grade investment properties. The newly created Townsville Apartment Project has been established by Fortia to invest in a landmark property in one of Australia's fastest growing cities, Townsville in North Queensland. The population growth in and around Townsville has been twice that of the average Australian population growth in other Australian regional areas. Townsville currently has a residential property vacancy rate of only 1. l % and in 2005 average values increased by 15.8%. The Trust has forecast a retum of 15.25%* p.a. before tax for the projected term of 2 years with a priority return of 8.25% p.a. paid to investors half yearly. Presales of over 50% have already been achieved. Please note that the minimum investment in the project is $10,000 and applications close on Thursday 22ndDecember 2006. The project has a maximum allocation of only $15 million. If you would like to receive a copy of the Product Disclosure Statement and/or a copy of the PIR Research Report please contact Aurora on 1300 553 431 or return the coupon back to us in the enclosed reply paid envelope. Yours sincerely Hugh Latimer Director Please refer to the Product Disclosure Statement for a summary of the preparationof this forecast and associatedrisks. Please send me a Townsville Apartment Project PDS. Mr Avi Mor Name: .................................................................................................................. 18 Lygon Street Address: ................................................................................................................ CAULFIELD SOUTH VIC 3162 City: ......................................... State: ......................... Postcode: ............................ 0433134119 [email protected] Phone: ...................................... Fax: ........................... Email: ............................... Please fax this back to us on 02 9080 2378 or use the reply paid envelope Please remove my name from your mailirlg list Please note the important information on the back of this letter
description
20061123 Aurora Funds Management Limited Townsville Apartment Project
Transcript of 20061123 Aurora Funds Management Limited Townsville Apartment Project
23 November 2006
F U N D S M A N A G E M E N
Aurora Funds Management Limited ABN 69 092 626 885 AFSL No. 222110
Level 11Aurora Place, 88 Ph~l l ipStreet& Sydney NSW 2000
PO Box R1695 Royal Exchange NSW 1225-=-Telephone: (612) 9080 2377 Toll Free: 1300 553 431
Dear Mr Mor
We are pleased to introduce you to the capital raising for the Townsville Apartment Project being issued by Fortia Funds Management.
The Fortia Group is an independently owned fund manager that was established in 2001, and currently manages property and development funds including joint ventures with an end value in excess of $350 million. Fortia's aim is to enable investors to share in the benefits of the ownership of high grade investment properties.
The newly created Townsville Apartment Project has been established by Fortia to invest in a landmark property in one of Australia's fastest growing cities, Townsville in North Queensland. The population growth in and around Townsville has been twice that of the average Australian population growth in other Australian regional areas. Townsville currently has a residential property vacancy rate of only 1. l % and in 2005 average values increased by 15.8%.
The Trust has forecast a retum of 15.25%* p.a. before tax for the projected term of 2 years with a priority return of 8.25% p.a. paid to investors half yearly. Presales of over 50% have already been achieved.
Please note that the minimum investment in the project is $10,000 and applications close on Thursday 22ndDecember 2 0 0 6 . The project has a maximum allocation of only $15 million.
If you would like to receive a copy of the Product Disclosure Statement and/or a copy of the PIR Research Report please contact Aurora on 1300 553 431 or return the coupon back to us in the enclosed reply paid envelope.
Yours sincerely
Hugh Latimer Director
Please refer to the Product Disclosure Statement for a summary of the preparationof this forecast and associatedrisks.
Please send me a Townsville Apartment Project PDS.
Mr Avi MorName: ..................................................................................................................
18 Lygon StreetAddress: ................................................................................................................
CAULFIELD SOUTH VIC 3162City: .........................................State: ......................... Postcode: ............................
0433134119 [email protected]: ......................................Fax: ........................... Email: ...............................
Please fax this back to us on 02 9080 2378 or use the reply paid envelope Please remove my name from your mailirlg list
Please note the important information on the back of this letter
AURORA POSTAGE If undelivered, please return to PA1DPO Box R1695 ROYAL EXCHANGE NSW 1225 AUSTRALIA
Mr Avi Mor 18 Lygon Street CAULFIELD SOUTH VIC 3162
Important Information Fortia is the Responsible Entity and issuer of units in the Townsville Apartment Project (ARSN 11 7 264 954). Applications may only be made on the Application Form that accompanies the Product Disclosure Statement dated 12 September 2006 which is available free of charge by calling Aurora Funds Management Limited on 1300 553 431.
The information in this letter is of a general nature only and does not constitute financial product advice. In preparing this information no account was taken of the objectives, financial situation or needs of any particular person. Before making any investment decision, individuals will need to consider the appropriateness of the information having regard to their own objectives, financial situation and needs. Investors should obtain, and consider, the Product Disclosure Statement dated November 2006 before making any decision about whether to acquire units in the Townsville Apartment Project.
Neither Aurora Funds Management Limited (Aurora), nor any of its affiliates, has authorised or caused the issue of the PDS or takes any responsibility for its contents. Aurora makes no representations or guarantees the return on your investment, or the gain or repayment of your capital. Aurora is entitled to 3.3% (GST inclusive) commission with respect tn ant, annlirratinnc Inrlnnrl hnsrinn it etamn
Manager with p m m €& nswd ad t p m j d Lvah am $300 rnillian in end value.
OHr $7 biWn m h of i n ~ u n pl;nwdtor the I 1 ./ Wfer raising ud 0 $15 million in aguity. Offar & ti ?*bar amb.
I I
I
Briorily ntwn of 8.m pa. p i d to bwWtm bU ymdy High lrrl of prr-.~Im shady achkurf
I
[kwl-flt r b h urtistartthiky fw$Jad
Bmkh3ndinQPflp& h j d intenndim virft mnm,€hQwW JU
WHY WEST IN TWNSVlUE?
Contact Aurora Funds Management on 1300 553 431 or visit
www.aurorafunds.com.au I
