E&P Investments Limited (ACN 152 367 649 | AFSL 410 433), in its capacity as responsible entity for each Fund within the Fort Street Real Estate Capital (FSREC) Fund Series, announces the release of a Notice of Meeting, Explanatory Memorandum and Product Disclosure Statement for a Unitholder meeting to consider the merger of the FSREC Fund Series, implemented via a scheme of arrangement and restructure (Proposal).

The Proposal comprises a trust scheme of arrangement whereby Fund I will acquire all of the Units in Fund IV from the Scheme Participants; and a restructure of each remaining Funds (being, Fund I, Fund II and Fund III) to form a stapled group to be known as the “FSREC Property Fund”. The Funds will be merged based on their respective net tangible assets (NTA) per Unit as at 30 June 2020.

Further information in relation to the Scheme is contained via the hyperlinks below or on each Fund’s announcements page.