The Trilogy Industrial Property Trust is designed to provide a competitive and regular income and the opportunity for long-term capital growth.
| 1 month | 3 month | 1 year | 3 year | 5 year | Since Inception | Inception Date |
|---|---|---|---|---|---|---|
| 0.3% | 2.28% | 10.29% | 7.41% | 7.63% | 8% | 1 Jan 2018 |
| Management Fee | Performance Fee | Morningstar Total Cost Ratio |
|---|---|---|
| 0.5% | 0.1% | 1.5% |
Past performance is not a reliable indicator of future performance.
Industrial property sits at the centre of some of the most powerful forces reshaping the Australian economy - from onshoring and supply-chain resilience to the rise of e-commerce, logistics and data-driven industries.
The award-winning* Trilogy Industrial Property Trust (Trust) provides investors with access to this critical sector of the economy through a diversified portfolio of 15+ high quality industrial assets, leased to tenants who are leaders in their fields. Current tenants include Quiksilver, Komatsu, Downer EDI, Modern Star and Bega Cheese - businesses with strong operating fundamentals supporting income reliability.
Established in 2018, the Trust has delivered tax-effective monthly income and capital growth over its eight-year history.
The Trust primarily invests in Australian industrial real estate, a sector underpinned by deep, structural demand drivers that continue to shape the economy:
Together, these long-duration trends provide a resilient foundation for both income and growth, positioning the Trust to capture opportunities across one of Australia’s most dynamic property sectors.
*2025 Highly Commended - Financial Newswire/SQM Direct Property Fund Manager of the Year, 2024 Highly Commended - Financial Newswire/SQM Direct Property Fund Manager of the Year, 2024 Finalist Australian Wealth Management Awards – Best Real Estate Asset Manager (Listed and Unlisted), 2023 Winner - Money Management Rising Star of the Year, 2023 Winner - Financial Newswire/SQM Direct Property Fund Manager of the Year, 2022 Finalist - Financial Newswire/SQM Direct Property Fund Manager of the Year.
Issued by Trilogy Funds Management Limited ABN 59 080 383 679 AFSL 261425. Read the PDS and TMD for Trilogy Industrial Property Trust ARSN 623 096 944 which includes further information and risks such as loss of part or all of your capital or no or lower than expected returns. Past performance is not a reliable indicator of future performance.
Trilogy Funds is one of Australia’s leading fund managers and financiers of property-based investments. When it comes to property-based investing, we take things personally.
We’ve been building wealth together with Australian investors, advisers, developers and brokers for over 25 years. As we’ve grown, we’ve stayed faithful to the principles that have seen us build long-lasting relationships.
To build a portfolio of properties located in key Australian regional and metropolitan industrial precincts, by seeking to target industrial properties that have the potential to provide long-term cashflows to investors or could offer the opportunity of value-add. The primary objective is to maximise investor returns diversified by both geographical location and the industries in which the tenants operate. The Trust is also open to more active construction and development of either new or existing assets within the Trust.
As at 31 March 2026, the Trust currently holds 16 industrial properties, offering diversity in both geographic and tenant sector.
All investments in unlisted property trusts carry risk. As this product invests in industrial property, it carries the market, property, and leasing risks associated with investing in property. Please refer to section 5 of the PDS before making an investment decision.
Justin is Co-Managing Director of Trilogy Funds Management Limited and its parent company, Trilogy Funds Group. He joined Trilogy in 2007 as Chief Financial Officer and was appointed Chief Operating Officer in 2011, before moving into his current role as Joint Managing Director.
A Certified Practising Accountant, Justin has more than 30 years of experience in accounting and finance, including over 25 years in the financial services sector. He brings deep expertise in financial management, audit, technology, and strategic planning, and plays a key role in overseeing Trilogy Funds’ responsibilities under its Australian Financial Services License, including the operation of its managed investment schemes.
Justin’s strong command of statutory reporting requirements and governance frameworks has been central to the Group’s ongoing growth and operational performance. His leadership in implementing business-critical systems and process improvements continues to drive efficiency and support the long-term strategic direction of Trilogy Funds.
Henry is Co-Managing Director of Trilogy Funds Management Limited and its parent company, Trilogy Funds Group. Since joining the business, Henry has played a key role in shaping Trilogy’s strategic direction and governance framework, with a particular focus on regulatory oversight, risk management, and capital structuring.
Henry is responsible for overseeing the Group’s AFSL obligations and engagement with internal and external stakeholders. He works closely with internal teams to ensure that appropriate controls and governance measures are embedded across the business.
His work spans the origination and negotiation of a range of institutional-grade transactions and partnerships, both in Australia and internationally.
A core requirement of Henry’s role is to bridge risk, governance, and growth strategy to support Trilogy’s long-term success in managing retail investment products and fixed income assets.
Laurence has over 22 years’ experience in senior roles across the property investment industry, encompassing direct and listed real estate sectors.
Prior to joining Trilogy Funds, Laurence served as Chief Executive Officer of Eildon Capital Limited, an ASX-listed fund manager. Preceding this position, he was the Executive Director at Goldman Sachs and acted as Fund Manager of Industria REIT (ADI.ASX), focusing on commercial and industrial properties within the ASX-listed AREIT market. Further tenures include Credit Suisse and Citi, where he specialised in the AREIT sector; as well as APN’s Head of Private Funds, overseeing the management of four direct retail property funds and two wholesale direct property funds.
Laurence’s qualifications include a Diploma of Business Accounting, a Diploma of Financial Advising and a Graduate Diploma of Applied Finance and Investment.
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Distributions are derived from rental income from the Trust’s properties and income from other investments. These income sources are pooled and we aim to provide a distribution to investors each month. Individual investors will be able to calculate the yield on their investment based on the entry price at which they subscribed the units.
See the PDS section 4.8 for more details.
There are risks associated with any investment. It is crucial to ensure the investment risk profile of your investment choice suits your personal circumstances, financial goals and tolerance for risk.
Please read the ‘Risks’ section of the Product Disclosure Statement (PDS) before investing in any of our products. This can be found in; Section 5 ‘Risks’ of the Trilogy Industrial Property Trust PDS dated 3 March 2025.
Investors should read the whole PDS and associated Target Market Determination to understand more fully the risks of investing in any Trust. We also recommend seeking advice from a licensed financial adviser before making an investment decision.
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The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
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