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Home /Unlisted Funds / Newmark Como Property Trust

Corner of Chapel Street & Toorak Road, South Yarra VIC 3141

An iconic mixed-use complex located on the predominant high street corner of South Yarra, the Como Centre includes interconnected office, retail and the renowned Como Hotel.

Since 2016 Newmark has continued to explore opportunities to enhance the property and add value to the site, growing the net income by 28% over that time, and carefully curating a complementary tenant mix of retail/ hospitality and leading corporate tenants, including Network 10, Accor Hotels, Secure Parking and Omnicon.

As a result, the property currently has an occupancy rate of 99%, and has increased in value significantly since acquisition.

The Fund
Status Closed
Fund Type Retail
Trust Objective Secure income and long-term capital growth and consider value-add initiatives to enhance investment returns
Inception July 2016
Distributions Paid Quarterly
ARSN 616 371 665
The Property
Property Type Office, Hotel and Retail
Location South Yarra, Victoria
Site Area 20,030m2
GLA 31,756mplus 111 hotel rooms
Anchor Tenants Network Ten, The Como Hotel (Accor Hotels), Palace Cinema, Village Roadshow, Clemenger and Secure Parking
Carparks 633
Occupancy 99% (October 2023)