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  5. Spire Bridge Multifamily V AUD - Managed fund profile

Spire Bridge Multifamily V AUD - Managed Fund

Fund Objective
The General Partner is targeting a net internal rate of return to investors of 12% to 14%, and a 1.8x net equity multiple, with targeted average annual cash distributions of at least 5% to 7% per year upon stabilization.
Fund Strategy
Bridge Investment Group LLC aims to assemble a diversified portfolio of existing Class B multifamily housing communities and may opportunistically invest in a smaller number of development assets and distressed opportunities, with an overall emphasis on assets believed to have strong current or potential income and capital appreciation potential. Investments may be acquired throughout the United States with an emphasis on markets where conditions are favourable and there are distinct opportunities to add value.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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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 -1.58% -4.8% -7.27% -6.97% -6.44% -8.97% -% -%
Growth return -5.78% -8.86% -11.22% -10.94% -8.45% -10.28% -% -%
Income return 4.2% 4.06% 3.95% 3.97% 2.01% 1.31% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 3.28% 10.44% 4.58% 10.18% 18.87% 12.32% 13% 8.07%
As at 30 Jun 2025. 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
93.09%
Australian Equities
4.38%
International Equities
0.23%
Cash
2.28%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Spire Bridge Multifamily V AUD
Spire Capital Pty Ltd
SPI0678AU
Unlisted and Direct Property
Not Rated
Investment Fund
19 Aug 2021
n/a
$1.0951 (as at 30 Jun 2025)
$1.0951 (as at 30 Jun 2025)
Open
Offer information
Type Description
Minimum initial investment $100,000
Minimum additional investments $50,000

FAQs about the Spire Bridge Multifamily V AUD

The objective of the Spire Bridge Multifamily V AUD managed fund is The General Partner is targeting a net internal rate of return to investors of 12% to 14%, and a 1.8x net equity multiple, with targeted average annual cash distributions of at least 5% to 7% per year upon stabilization.

The strategy of the Spire Bridge Multifamily V AUD managed fund is Bridge Investment Group LLC aims to assemble a diversified portfolio of existing Class B multifamily housing communities and may opportunistically invest in a smaller number of development assets and distressed opportunities, with an overall emphasis on assets believed to have strong current or potential income and capital appreciation potential. Investments may be acquired throughout the United States with an emphasis on markets where conditions are favourable and there are distinct opportunities to add value.

The APIR code of the Spire Bridge Multifamily V AUD managed fund is SPI0678AU.

Spire Bridge Multifamily V AUD’s total return last month was -1.58%. This was made up of a growth return of -5.78% and an income return of 4.2%. These returns were calculated as at 30 Jun 2025.

Spire Bridge Multifamily V AUD’s total return for the last three months was -4.8%. This was made up of a growth return of -8.86% and an income return of 4.06%%. These returns were calculated as at 30 Jun 2025.

Spire Bridge Multifamily V AUD’s one-year total return is -6.97%. This was made up of a growth return of -10.94% and an income return of 3.97%. These returns were calculated as at 30 Jun 2025.

Spire Bridge Multifamily V AUD’s one-year total return is -8.97%. This was made up of a growth return of -10.28% and an income return of 1.31%. These returns were calculated as at 30 Jun 2025.

The asset allocation of the Spire Bridge Multifamily V AUD managed fund is :

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

The Responsible Entity for the Spire Bridge Multifamily V AUD managed fund is Spire Capital Pty Ltd.

The Spire Bridge Multifamily V AUD managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at , the size of the Spire Bridge Multifamily V AUD managed fund was $ million.

The Spire Bridge Multifamily V AUD managed fund has an inception date of 19 Aug 2021.

The current entry price of the Spire Bridge Multifamily V AUD managed fund is $1.0951 per unit and the current exit price is $1.0951 per unit (as at 30 Jun 2025).

The current exit price of the Spire Bridge Multifamily V AUD managed fund is $1.0951 per unit and the current entry price is $1.0951 per unit (as at 30 Jun 2025).

The minimum initial investment amount for the Spire Bridge Multifamily V AUD managed fund is $100,000. Minimum additional investment is $50000.

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.