The ICAM Diversified Seniors Living Fund (“IDSLF”) is an open-ended diversified Fund created with the aim of providing investors with reliable yields, strong capital growth and reduced risk via geographic diversification through a pipeline of seniors living assets located across Australia and sourced off-market via ICAM’s industry networks.

Founded in April 2022, with the acquisition of Langton Park Retirement Village. The Fund will target assets in differing stages of their lifecycle, including mature operating assets, newly developed operating assets and may undertake full or partial development of assets where risk adjusted returns are complementary to the Fund.

The Fund has been created with an eye towards Australia’s demographic trends. As the population ages, a generational opportunity is emerging to capture the resulting demand for seniors living accommodation.

The seed asset for the Fund is an 100% interest in the Langton Park Trust (and associated entities), which own and manage a 100% interest in picturesque Langton Park, a well-established retirement village located in Campbelltown, in Adelaide’s eastern suburbs

Investment Highlights

  • The seed asset is a strategically positioned acquisition in the suburb of Campbelltown, with strong area demand. It features 110 two-bedroom independent living units across 420,000sqm of park-like grounds.
  • The investment is an open-ended Fund, providing the opportunity for investors to increase their holdings as the Fund continues to acquire more assets, with annual equity raises expected to occur.
  • The Fund will be targeting a distribution of 8% paid quarterly to investors, delivering strong cash flow returns.
  • An IRR of 12% will also be targeted, representing an extremely attractive expected return to investors.

Currently Open for Investment