Residential Development
Land, subdivision, and built-form projects requiring staged capital and disciplined funding structures.
INDUSTRIES
Real Estate & Development
The assets are usually sound. The structure is what holds the value back. We see portfolios built one acquisition at a time, held across a sprawl of separate entities, each sub-scale on its own and none of it positioned for the capital it could attract. The work was in acquiring the assets. The value now sits in assembling them.
Institutional and family-office capital does not price a collection of holdings. It prices a vehicle. Until the structure exists, the portfolio trades at the discount of its fragmentation, not the strength of its assets.
We turn scattered holdings into institutional-grade vehicles. Our appetite is aggregation: the assets exist, the structure does not, and the capital follows the structure.
We turn scattered holdings into institutional-grade vehicles. Our appetite is aggregation: the assets exist, the structure does not, and the capital follows the structure.
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Where we engage
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Aggregation of multi-entity portfolios into a single structured vehicle
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Recapitalisations that release equity without forcing a disposal programme
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Partner capital for developers who need funding without surrendering the pipeline
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Placement of structured portfolios with institutional and family-office capital
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Cross-border holding architecture across the jurisdictions the assets sit in
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Sector coverage
We act across the capital structure of real assets: development equity, structured credit, acquisitions, and the ownership architecture behind them.
Build-to-Rent & Institutional Residential
Platforms and projects in an asset class the market is still learning to price.
Industrial & Logistics Assets
Warehousing, last-mile, and cold storage underpinned by tenant covenant and land scarcity.
Data Centres
Powered land, operating facilities, and development platforms where grid access and contracted demand set value.
Commercial Office
Repositioning, recapitalisation, and selective acquisition in a market repricing the entire asset class.
Retail & Mixed-Use
Centres and precincts where the case rests on remixing, densification, or the land beneath.
Hospitality & Accommodation Assets
Hotels and operating real estate where the property and the business must be valued separately.
Specialist & Social Assets
Student accommodation, seniors living, childcare, and healthcare property with operating businesses attached.
Real Estate Credit
Senior, mezzanine, and special situations positions against development and investment assets.
Funds, Syndicates & Club Structures
Vehicle formation, co-investment structuring, and governance for private real estate capital.
PropTech
Software and data businesses serving property transactions, operations, finance, and development workflows.
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What we are seeing
Debt has repriced faster than assets. Sponsors are refinancing into structures they would not have accepted three years ago, and private credit is filling the gap.
Cross-border capital keeps moving into residential and logistics, and the structure of entry decides the after-tax outcome.
Development returns are now made in the capital stack, not the build. Land terms, funding cost, and presale structure decide the project before the first slab is poured.
Typical situations
Typical Situations
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A dozen assets held in a dozen entities, each too small for institutional money on its own.
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A developer with a strong pipeline and no capital partner who will fund it on acceptable terms.
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A portfolio ready to be structured into one vehicle and placed, where no one has yet built the structure.
If this is your position, or that of a client, it is worth a conversation.
Discuss a matter with us.
If you have a transaction, a capital requirement, a structuring question, or a matter that requires coordination across multiple jurisdictions and disciplines, we should speak.
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