OBJECTIVES AND STRATEGY
The Fund’s investment mandate is to invest in small and mid-size residential developments and mixed-use properties located in mainland capital cities and major regional centres. These are often off-market property development opportunities where the Fund acquires the land, partners with high quality developers with a strong record, remains invested through to completion of the development, and has a clear exit strategy.[back to top]
Being the ‘big fish’ in these projects provides the Fund with an important level of control over key decisions – such as the size and configuration of the development and the choice of contractors and suppliers. The Fund can also negotiate terms that are favourable to investors and conditions that reduce the investment risk. For example, we always aim to ensure that the developer – not the Fund – carries the main risks of time and construction-cost overruns.