Trilogy Northern Logistics Fund

Invest in a purpose-built, income-focused logistics asset located in one of Australia’s most strategically important logistics precincts and underpinned by long-term structural demand drivers.

  • Target IRR: 12.50%+1 p.a.

  • Target distribution: 7.85%1 p.a.

  • Minimum investment: $100,000

This is a wholesale-only opportunity.

Register your interest to learn more.

Introducing the Trilogy Northern Logistics Fund

The Trilogy Northern Logistics Fund is designed to provide wholesale investors with access to a core, income-focused industrial asset located within one of Australia’s most strategically important logistics precincts. The asset is underpinned by long-term structural demand drivers, a high-quality tenant covenant and embedded growth.

Offer details1

  • Fund name: Trilogy Northern Logistics Fund

  • Investment type: Single-asset wholesale unlisted property fund

  • Target IRR1 : 12.50%+ (over a 6-year holding period)

  • Target distribution1 : 7.85% p.a. (average over a 6-year holding period)

  • Initial fund term: 6 years

  • Unit issue price: $1.00

  • Minimum investment: $100,000

  • Equity required: $23.7 million

  • Proposed gearing: 55% LVR subject to indicative financing terms

  • Exit strategy: At fund maturity, exit is underpinned by a strong lease tail, with a further 2 x 5-year renewal options in place

Why invest

​Secure, growing income profile​

8.8-year WALE with fixed 3.00% annual rental increases and two further 5-year options.

(as at the Settlement Date)

​40+ year occupier in East Arm

Northline has operated in the Darwin region since 1983, underscoring East Arm’s strategic role.

Core Darwin logistics hub

Located in Darwin Business Park, the asset provides access to scarce, scalable institutional-grade logistics infrastructure.

High-quality, purpose-built asset

The facility sits on a 4.0-hectare freehold site and comprises 14,835 sqm GLA across a warehouse, freight floor and breezeway.

​​Exposure to Darwin’s growth story

Direct leverage to Darwin’s emergence as a national logistics, energy and defence hub.

​Alignment with industrial megatrends

Including supply chain shifts, ​e-commerce growth, the rise of automation, plus defence and geopolitical-driven logistics demand.

​Future development and value-add potential​

Site coverage of approximately 37% provides future refurbishment or development upside.

Tax-advantaged income component2

The Fund intends to provide access to tax-deferred distributions.

Income profile

The asset is designed to provide exposure to secure, tax-advantaged2 income with embedded growth, delivering a predictable income profile supported by a long lease and fixed rental increases.

  • 100% occupied3 by Northline Pty Ltd (Northline), an established national logistics operator
  • 8.8-year weighted average lease expiry (WALE) with a further 2 x 5-year renewal options in place (as at the Settlement Date)
  • Fixed 3.00% annual rental increases

High‑quality tenant

The asset is leased to Northline, a national logistics operator with a 43-year operating history in the Northern Territory, supporting long-term occupancy and income security.

  • The asset is Northline’s primary Northern Territory logistics hub, supporting regional and interstate supply chains
  • Northline has significant operational integration and reliance across the asset, reducing obsolescence risk
  • Tenant operations are supported by structural demand drivers across essential industries like resources, retail and defence

High-quality, purpose-built asset

The property represents scalable logistics infrastructure with strong underlying land value.

  • Large-scale facility (14,835 sqm GLA)
  • 4.0-hectare freehold site
  • Low site coverage (~37%), providing flexibility for future expansion or repositioning
  • Functional design supporting high-throughput logistics

A combination of asset quality and land optionality is difficult to replicate in a market as constrained as Darwin.

Strategic location

Located within the Darwin Business Park in East Arm, the Northern Territory’s premier logistics precinct.

  • 4km to Port of Darwin
  • 2km to rail terminal
  • Direct access to major transport routes

The asset represents a critical node in Northern Australia’s supply chain infrastructure. As the nation’s gateway to Asia, the region is of critical importance to Australia’s trade corridors and defence infrastructure, enhancing long-term asset relevance and demand.

Structural tailwinds

The Fund offers investors alignment with structural tailwinds and long-term demand drivers across the industrial and logistics sector, including:

  • The supply chain shift from ‘just-in-time’ to more resilient and space-intensive ‘just-in-case’ strategies
  • Growth in e-commerce and increasing logistics intensity
  • Rising reliance on automation and distribution infrastructure
  • Population growth that structurally drives long-term demand for additional industrial floorspace
  • Defence expenditure and geopolitically driven logistics demand

These trends support sustained occupier demand and long-term rental growth outcomes.

  1. Investment structure is indicative only and remains subject to the final terms to be disclosed in the Information Memorandum. The target distribution and target IRR are indicative only. Actual returns may differ materially from these targets and may result in the loss of some or all investor capital. The targets are based on a number of assumptions set out in the Information Memorandum. Prospective investors are encouraged to read the IM in full, including those assumptions and associated risks.
  2. Any tax advantages will depend on an investor’s individual circumstances. The issuer is not licensed to provide tax advice and investors should seek independent professional advice.
  3. As at August 2026

This webpage is issued by Trilogy Nominee Services Pty Ltd ACN 650 234 696 (Trustee). This is not an Information Memorandum nor is it an offer to invest. Returns are not guaranteed. The Trustee intends to make an Information Memorandum (IM) available which will contain an offer to acquire units (or any other interests) in an unregistered managed investment scheme (or other investment vehicle) named the Trilogy Northern Logistics Fund (Fund). The Issuer expects the IM to be available in August 2026. If you would like to receive a copy of the IM once it is available, then please contact us and we will arrange for a copy of the IM to be provided to you. All prospective investors should consider the IM before deciding whether to acquire an interest in the Fund There are risks associated with investing which will be disclosed in the IM