Yield Plus Infrastructure Fund No. 1 (YPI 1) is underpinned by a philosophy of 'following the infrastructure'. The strategy invests in yield-producing assets likely to benefit from urban renewal, new transport and community infrastructure, rezoning, repositioning and/or redevelopment potential with a geographical focus on Australian capital cities.
Asset selection is supported by the use of EG’s proprietary real estate risk management software, PRISMS®. This property technology software is designed to substantially improve investment risk identification, evaluation and pricing.
YPI 1 was launched in 2006, with an equity raise of circa AU $240 million. A total of 17 assets were acquired and were diversified by geography and sector.