McMullin has played a long and integral part in the development of its partner company, MPG Funds Management.
MPG Funds Management is a specialist property funds manager that provides investors with secure property investment opportunities with reliable income returns, taxation benefits and the potential for capital growth.
The McMullin team started MPG Funds Management in partnership with the Gorman family in 2002. The McMullin team’s property development expertise and ongoing pipeline of projects provided an ideal platform to launch a fund management business.
“MPG Funds Management is a real success story. Through McMullin’s support, the MPG team are taking this business from strength to strength. Our aligned, interested in a portfolio of retail and industrial properties have seen a mutually beneficial partnership that has thrived for almost twenty years.”, says McMullin Managing Director, Ian McMullin.
Early MPG Trusts revolved around large format retail developments, undertaken by McMullin. The Trusts are structured in such a way as to offer direct investment opportunities to a broad range of investors, including Mums and Dads, self-managed super funds, high net worth investors and institutions.
MPG currently has more than $705 million of property assets under management and manages more than 160 individual tenancies across six states of Australia.
McMullin attributes the ongoing success and consistent growth of MPG Funds Management to their focus on sourcing premium retail and industrial real estate that brings lower risk and stable returns.
In the early days, McMullin was actively involved in all property purchases and developments. The partnership has grown and evolved to ensure each partner is contributing complementary resources and skills as required. The McMullin team is still an active investor and financier with the MPG Funds Management team managing the end-to-end process from property acquisition through to the management of individual properties.
Find out more www.mpgfm.com.au
Mildura Homemaker Centre, part of MPG Bulky Goods Retails Trust
Bunnings Bundamba (MPG BW Trust 2), Bunnings Newstead (MPG BW Newstead Trust), Port Macquarie (MPG BW Port Macquarie Trust)
Chirnside Homemaker Centre, part of the MPG Retail Brands Property Trust