Invest in a portfolio of prime industrial assets
Target 11% – 13% IRR*

Opportunity Overview
A growth and income fund targeting monthly distributions and capital appreciation via a value-add strategy. Targeting special distributions as assets are repositioned during the Fund’s term.
The Westbridge Industrial Opportunity Fund builds on Westbridge’s history of success in the sought-after industrial sector.
The Fund targets the delivery of a ‘Total Return’ by combining monthly income with the potential for capital growth*. Its core strategy focuses on acquiring both income-generating and value-add assets, targeting opportunities to enhance value throughout the Fund’s term.
This Fund is open-ended in structure, offering investors flexibility to enter throughout the fund term and exit at fixed intervals.
Following initial acquisitions in Western Australia and Queensland, the Fund is set to further expand its asset base with a core industrial landholding in Ottoway, South Australia and a modern industrial facility in the prime industrial precinct of Epping, Victoria. Learn more about the new assets here.
Fund Highlights

11-13%
Target Internal Rate of Return*

Special Distributions
Targeted throughout the Fund’s term

Open-ended Fund
With 5-yearly withdrawal options

$250 million
Target asset base

Key Investment Information
- Target IRR: 11-13%* Internal Rate of Return (IRR) what’s this?
- Monthly Distribution: Target distribution is $0.06 per unit for FY2026
- Special Distributions: Targeting additional distributions as assets are repositioned to deliver capital gains during the Fund’s term
- Unit Price: See details of the current unit price in the Fund Resources section here.
- Minimum investment: $100,000, with $10,000 additional investment
- Open to: wholesale investors what’s this?
Disclaimer: *The target IRR includes all distributions paid as well as the net amount (after payment of estimated costs and expenses and estimated liabilities of the Fund) which would be paid to Unitholders if the Assets were sold. Special Distributions are subject to Fund strategies being achieved as outlined in the IM. Target returns are not promised nor guaranteed and are based upon a number of assumptions. Their achievement is subject to risks. The target return range is a target only, not a forecast and it might not be achieved. Please refer to the Information Memorandum for more information, noting the section on financial information and risks before deciding whether or not to invest. Past performance is not a reliable indicator of future performance.
The Fund Strategy
Industrial assets with strong growth potential.
The Westbridge Industrial Opportunity Fund is focused on acquiring industrial assets across Australia, blending core income-generating properties with those that offer value-add potential.
Westbridge sees significant potential in this sector, with supply/demand imbalances, construction cost inflation and rising replacement costs driving strong prospects for continued growth and underpinning key opportunities to reposition existing assets. Key investment criteria includes:
- Core Locations: Industrial properties in established, high-demand areas with strong growth potential.
- Target Size: Properties valued between $10-$40 million, positioned in the mid-market between institutional funds and private buyers.
- Sector Strength: Assets that capitalise on growing demand in the logistics and manufacturing sectors.
- High-Quality Assets: Properties with strong fundamentals, appealing to a broad range of occupiers and offering stable income with growth potential.
- Value-Add Opportunities: Underutilised sites with potential for redevelopment or upgrades to increase value.
- Land Rich: Properties that are land rich and/or below replacement cost.
- Lease Expiries: Assets approaching short-term leases, allowing the opportunity to unlock rental growth when reset to current market rates.
- Logistics & Manufacturing Facilities: High-specification warehouses, workshops, and manufacturing sites with specialised features such as high bays, cranes, dangerous goods storage, and bespoke power capacity.
- Cold Storage & Food Production: Facilities with high barriers to entry, ensuring long-term demand.
Portfolio Overview
The Fund is targeting a portfolio of up to $250 million in industrial assets, diversified by location and tenant. Following initial acquisitions in Western Australia and Queensland, the Fund is acquiring a 50% stake in a significant industrial landholding in South Australia, and a modern A-grade industrial facility in the prime industrial precinct of Epping, Victoria. View the full portfolio below:

Epping, Victoria (New)
• Countercyclical opportunity in Melbourne’s industrial sector
• Strong lease covenants to GCP Australia and Mission Foods
• Significant in-built income growth with fixed rent reviews

Ottoway, South Australia (New)
• Multi-tenanted landholding with significant value-add potential
• Purchased with passing rent below market
• Being acquired at a significant discount to replacement cost
Independently Recommended
The Westbridge Industrial Opportunity Fund has been reviewed by Core Property Fund Research & Ratings and rated as Recommended*
The Core Property rating (assigned in February 2026) presented in this document has been prepared and issued by Core Property Research Pty Ltd (“Core Property”), which is an Authorised Representative ASIC number 1280479 of Core Property Research Holdings Pty Ltd (ACN 633 170 751, AFS License No. 518320) (Licensee), and trading as Core Property. Whilst the information contained in the report has been prepared with all reasonable care from sources that Core Property believes are reliable, no responsibility or liability is accepted by Core Property for any errors, omissions or misstatements however caused. Past performance information is for illustrative purposes only and is not indicative of future performance. The Core Property publication is not and should not be construed as, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information only. Neither Core Property nor the Participant is aware that any recipient intends to rely on this Report or of the manner in which a recipient intends to use it. To access the full report, please visit www.coreprop.com.au. The rating is subject to change without notice and Core Property assumes no obligation to update the report.
Steps to Invest
Register
Submit an expression of interest to receive a copy of the Fund Information Memorandum
Review
Read the Fund offer documents for a detailed overview of the investment opportunity
Speak
Talk to one of our friendly key relationship managers to ask any questions on the investment



