A diversified commercial property fund
ICPF aims to maximise total returns by implementing a low-risk investment approach, focusing on prime-grade offices in major Australian CBD markets.
With A$6.5 billion in assets under management, ICPF is well-diversified by market, tenant and industry type. It has interests in some of Australia's most highly regarded office towers, including Sixty Martin Place and Deutsche Bank Place (126 Phillip Street) in Sydney, and 120 Collins Street in Melbourne.
The fund continues to outperform the benchmark through the cycle over 5, 7 and 10 years. Notably, ICPF is the highest performer in the benchmark over 7 and 10 years.
Active capital management, conservative gearing
An open-ended core wholesale fund
ICPF has an independent Board and unitholder advisory committee. Units are stapled to ICPF Holdings Limited (ICPFHL), which holds a 50% interest in Investa’s operating platform.
Open-ended, core wholesale fund
Transparent disclosure and reporting for governance, risk monitoring and assessment, and optimising performance
Responsible investment framework that embeds ESG focused practices into core activities
The minimum investment is A$15 million.
Invest in sustainable commercial assets
ICPF was the first real estate fund in Australia to issue a green bond, certified by the Climate Bond Initiative, and has now increased green certified debt to 82% of total facilities. The fund has aligned its entire portfolio’s environmental performance to the Climate Bonds Initiative (CBI) emissions threshold, which requires the portfolio to perform in the top 15% in their relative city in carbon intensity.
ICPF is committed to transform real estate through ESG and is targeting 100% net zero, scope 1 and 2, emissions by 2025 and 100% green debt by 2025.
NABERS Energy weighted average rating (including GreenPowerTM); or 5.17 Stars NABERS Energy weighted rating (excluding GreenPowerTM)
NABERS Water weighted average rating
New developments achieving 5-6 Star Green Star Design and As Built ratings and WELL Platinum Ratings
WELL Health and Safety Rating
In 2016, Investa Property Group was created – a stapled security between ICPF and ICPF Holdings Ltd.
ICPF is the top performing core fund on the MSCI/Mercer Australia Core Wholesale Property Fund Index over 10 year horizon (as at 30 Jun 22)
Rider Levett Bucknall NSW Development of the Year award, 2021
Property Council of Australia Innovation & Excellence award for Best Public Art, 2022
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