InvestSMART

Realside 45 Pirie Street Fund - Managed Fund

Fund Objective
The fund is an unlisted property vehicle holding the multi-tenanted commercial office asset at 45 Pirie Street in Adelaide’s core CBD, South Australia. Realside executes active asset management, extensive spec fit-outs, building infrastructure and ESG upgrades, and aggressive leasing campaigns to maximize net operating income.
Fund Strategy
The fund is an unlisted property vehicle holding the multi-tenanted commercial office asset at 45 Pirie Street in Adelaide’s core CBD, South Australia. Realside executes active asset management, extensive spec fit-outs, building infrastructure and ESG upgrades, and aggressive leasing campaigns to maximize net operating income.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.76% -4.32% 21.41% 2.22% 2.22% -4.32% -% -%
Growth return -2.74% -7.93% -14.29% -23.82% -9.55% -% -% -%
Income return 0.98% 3.61% 35.7% 26.04% 11.77% -% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return -6.67% -5.12% -5.81% -15.5% -1.64% 6.85% 2.89% 4.74%
As at 31 Aug 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Property & Infrastructure
92.67%
Australian Equities
4.10%
International Equities
0.12%
Cash
1.83%
Fixed Interest
0%
Alternatives
1.27%

General Information

Fund Details
Type Description
Realside 45 Pirie Street Fund
RSM1116AU
Unlisted and Direct Property
Not Rated
Investment Fund
23 May 2023
n/a
$0.846 (as at 31 Aug 2026)
$0.846 (as at 31 Aug 2026)
Open
Offer information
Type Description
MER 0.65% (as at 5 Apr 2023)
Minimum initial investment $100,000
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FAQs about the Realside 45 Pirie Street Fund

The objective of the Realside 45 Pirie Street Fund managed fund is The fund is an unlisted property vehicle holding the multi-tenanted commercial office asset at 45 Pirie Street in Adelaide’s core CBD, South Australia. Realside executes active asset management, extensive spec fit-outs, building infrastructure and ESG upgrades, and aggressive leasing campaigns to maximize net operating income.

The strategy of the Realside 45 Pirie Street Fund managed fund is The fund is an unlisted property vehicle holding the multi-tenanted commercial office asset at 45 Pirie Street in Adelaide’s core CBD, South Australia. Realside executes active asset management, extensive spec fit-outs, building infrastructure and ESG upgrades, and aggressive leasing campaigns to maximize net operating income.

The APIR code of the Realside 45 Pirie Street Fund managed fund is RSM1116AU.

Realside 45 Pirie Street Fund’s total return last month was -1.76%. This was made up of a growth return of -2.74% and an income return of 0.98%. These returns were calculated as at 31 Aug 2026.

Realside 45 Pirie Street Fund’s total return for the last three months was -4.32%. This was made up of a growth return of -7.93% and an income return of 3.61%%. These returns were calculated as at 31 Aug 2026.

Realside 45 Pirie Street Fund’s one-year total return is 2.22%. This was made up of a growth return of -23.82% and an income return of 26.04%. These returns were calculated as at 31 Aug 2026.

Realside 45 Pirie Street Fund’s one-year total return is -4.32%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2026.

The asset allocation of the Realside 45 Pirie Street Fund managed fund is :

Property & Infrastructure
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Fixed Interest
0%
Alternatives
0%

The Realside 45 Pirie Street Fund managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at , the size of the Realside 45 Pirie Street Fund managed fund was $ million.

The Realside 45 Pirie Street Fund managed fund has an inception date of 23 May 2023.

The current entry price of the Realside 45 Pirie Street Fund managed fund is $0.846 per unit and the current exit price is $0.846 per unit (as at 31 Aug 2026).

The current exit price of the Realside 45 Pirie Street Fund managed fund is $0.846 per unit and the current entry price is $0.846 per unit (as at 31 Aug 2026).

The minimum initial investment amount for the Realside 45 Pirie Street Fund managed fund is $100,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.