Trilogy Industrial Property Trust
A portfolio positioned for growth, yield and a sentinel against inflation
- Monthly distribution yield, annualised. Based on 28 February 2026 unit price
- as at 28 February 2026. Distributions are variable. Past performance is not a reliable indicator of future performance.
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Investment themes
We focus on industrial assets embedded in persistent, real‑world demand drivers – assets that perform critical functions in Australia’s supply‑chain network and form a stable, sentinel-like base within an investment portfolio:
- Onshoring and supply‑chain resilience supporting ongoing demand for domestic industrial space.
- E‑commerce / online retail growth driving logistics and warehousing needs.
- Data usage and digital infrastructure lifting requirements for distribution, storage and supportive industrial facilities.
- Population growth via migration raising aggregate demand for goods and services, reinforcing industrial activity.
These themes underpin the Trust’s emphasis on durable income from a diversified property group of industrial assets across key precincts.
Our strategy: disciplined, diversified, and quietly watchful
The Trust’s strategy is to build and actively manage a diversified portfolio across established metropolitan and regional industrial precincts. It targets properties that offer long‑term cashflows and clear value‑add potential.
How we execute (in plain English):
- Diversify by location and tenant industry to reduce asset-specific risk across the property group.
- Favour long leases with reliable tenants to support steady monthly distributions.
- Actively pursue value‑add through favourable lease negotiations and selective improvements that enhance tenant utility.
- Maintain a ‘sentinel’ mindset – monitor portfolio settings and debt metrics with vigilance, seeking resilience across cycles. As part of this, closely manage the Loan to Valuation Ratio (LVR, which was 46.2% as at 28 February 2026).
Think of the portfolio as a sentinel-like network of industrial assets – purposeful, reliable and essential to the logistics economy. Each asset performs a specific job and together they create stability and resilience across the entire portfolio.
A property investment with clarity and confidence
Many funds offer unclear exit pathways and long wait times. The Trilogy Industrial Property Trust is structured differently, with scheduled annual and four‑year liquidity events that provide defined withdrawal windows and greater planning certainty.
Managed by an ASIC-regulated, award-winning fund manager4, the Trust is built around transparency, disciplined management and income generating industrial property. It has paid distributions monthly since inception5, supported by a portfolio of Australian industrial assets and blue-chip tenants.
Where liquidity planning, reliability and oversight are essential, the Trilogy Industrial Property Trust provides a structure designed to give you more certainty over your income and transparency regarding your exit options.
Portfolio snapshot (as at 28 February 2026)
Examples of well‑known tenant names in the portfolio include:
Historical performance
Data provided in the below table is current as at 28 February 2026.
| Historical Performance 3,4 | |||||||
|---|---|---|---|---|---|---|---|
| 1 month | 3 month | 6 month | 1 year | 3 year | 5 year | Inception | |
| Income | 0.56% | 1.69% | 3.43% | 7.05% | 7.14% | 7.14% | 7.51% |
| Growth | 0.47% | 2.22% | 5.00% | 2.89% | (0.08%) | 2.05% | 1.50% |
| Total | 1.03% | 3.91% | 8.43% | 9.94% | 7.06% | 9.19% | 9.01% |
IMPORTANT INFORMATION
Distributions are variable each month, net of management fees, costs and assume no reinvestment. Distributions are paid monthly in arrears. Total return = (Unit pricet – Unit pricet-1 + Distribution per unitt)/ Unit pricet-1
3. Past performance is not a reliable indicator of future performance. Total returns measured from first distribution payment – May 2018.
4. 3-year, 5-year and inception data are reported on a per annum basis.
Industry accolades
4.Financial Newswire/SQM Direct Property Fund Manager of the Year, 2023.
5.Past performance is not a reliable indicator of future performance.
This webpage is issued by Trilogy Funds Management Limited ABN 59 080 383 679 AFSL 261425 (Trilogy Funds) as responsible entity for the Trilogy Industrial Property Trust ARSN 623 096 944. Application for investment can only be made on the application form accompanying the Product Disclosure Statement (PDS) dated 3 March 2025. The PDS and Target Market Determination (TMD) dated 11 September 2023 for the Trilogy Industrial Property Trust ARSN 623 096 944 are available at www.trilogyfunds.com.au. The PDS contains full details of the terms and conditions of investment and should be read in full, particularly the risk section, prior to lodging any application or making a further investment. All investments, including those with Trilogy Funds, involve risk which can lead to no or lower than expected returns, or a loss of part or all of your capital. Trilogy Funds is licensed to provide only general financial product advice about its products and therefore recommends you seek personal advice on the suitability of this investment to your objectives, financial situation and needs from a licensed financial adviser. Investments with Trilogy Funds are not bank deposits and are not government guaranteed.
