Fundamental Real Estate Investors

We focus on property fundamentals, targetting real estate that has deep value and where our skillset can make a difference.

Across cycles and geographies, we have built and sold portfolios covering the core sectors of office, industrial, residential and retail as well as specialised asset classes including self-storage, and hotels.

Track Record
211%
Return since IPO in 2013
17%
Annualised return since IPO in 2013
$1.7 B
Value of listed portfolio on sale
#1 JSE
Total shareholder return from IPO among peers
#3 ASX
Total shareholder return from dual listing (2019) among peers
Sold
266 King Street
Newcastle - NSW
  • Book Value
    A$88,000,000
  • Site Area
    2,703m2
  • Lettable Area
    13,870m2
  • Occupancy
    75%
  • WALE (by income)
    2.0 years
  • Major Tenant
    The Commonwealth of Australia
Sold
20 Rodborough Road
Frenchs Forest - NSW
  • Book Value
    A$72,000,000
  • Site Area
    14,645m2
  • Lettable Area
    13,022m2
  • Occupancy
    100%
  • WALE (by income)
    4.9 years
  • Major Tenant
    KFC
Sold
24 Rodborough Road
Frenchs Forest - NSW
  • Book Value
    A$29,000,000
  • Site Area
    8,315m2
  • Lettable Area
    7,198m2
  • Occupancy
    100%
  • WALE (by income)
    2.1 years
  • Major Tenant
    Pharmaxis
Sold
24 Split Island Close
Newcastle - NSW
  • Book Value
    A$14,500,000
  • Site Area
    8,871m2
  • Lettable Area
    5,257m2
  • Occupancy
    100%
  • WALE (by income)
    8.8 years
  • Major Tenant
    Vulcan Steel
Sold
21-23 Solent Circuit
Baulkham Hills - NSW
  • Book Value
    A$73,500,000
  • Site Area
    11,610m2
  • Lettable Area
    10,820m2
  • Occupancy
    89%
  • WALE (by income)
    3.9 years
  • Major Tenant
    Clarendon Homes
Sold
510 Church Street
Cremorne - VIC
  • Book Value
    A$133,500,000
  • Site Area
    3,026m2
  • Lettable Area
    19,798m2
  • Occupancy
    100%
  • WALE (by income)
    7.4 years
  • Major Tenant
    Dentsu Inc.
Sold
35-49 Elizabeth Street
Richmond - VIC
  • Book Value
    A$113,000,000
  • Site Area
    4,045m2
  • Lettable Area
    12,513m2
  • Occupancy
    100%
  • WALE (by income)
    3.6 years
  • Major Tenant
    State Government of Victoria
Sold
449 Punt Road
Cremorne - VIC
  • Book Value
    A$72,500,000
  • Site Area
    2,170m2
  • Lettable Area
    6,719m2
  • Occupancy
    100%
  • WALE (by income)
    2.5 years
  • Major Tenant
    Carsales.com
Sold
36-42 Hydrive Close
Dandenong South - VIC
  • Book Value
    A$29,250,000
  • Site Area
    32,780m2
  • Lettable Area
    14,635m2
  • Occupancy
    100%
  • WALE (by income)
    3.1 years
  • Major Tenant
    Pact Group