• Eureka closes first wholesale all-age rental fund
• Fund comprises $14.35m in equity and $14.50m in senior debt
• Fund seeded with Barrier Reef Tourist Park, Benalla to follow
• Releases $15m to support further acquisitions
• Target return is 19.8% over fund's life

Eureka Group Holdings Ltd (ASX: EGH) has successfully closed its first wholesale all-age rental fund, Eureka All Age Village Fund No 1. The fund, which commenced on August 11, 2026, comprises $14.35 million in equity commitments and $14.50 million in senior debt provided by National Australia Bank. Eureka has taken a 30.9% equity stake in the fund. The fund has been seeded with Barrier Reef Tourist Park, with Benalla Tourist Park expected to follow shortly. The fund has a one-year investment period followed by a five-year hold period. Eureka will collect market standard fees and is entitled to a 20% carry of any return above 15% at the end of the hold period. Eureka also retains a first right of refusal to acquire the two communities if the fund is wound up at the end of the hold period.

Eureka Group Holdings Ltd aims to accelerate its strategic growth pipeline and address housing shortages with this fund.