Ray White Portfolio Magazine February 2021 - Ray White Commercial (Christchurch)

P O R T F O L I O FEBRUARY 2021

COMMERCIAL SALES - THE YEAR IN REVIEW Western Sydney’s $21.08M Aldi deal

Brisbane’s east continues to boom

Commercial property listings from around Australia and New Zealand

ANDREW FREEMAN Head of Agency Operations

As a group, we begin 2021 in the strongest position our company has ever seen.

In the closing months of last year we saw trading volumes exceed $6 billion in both November and December. What remains encouraging is the bar is being raised and records are being set throughout all business units across Australia and New Zealand.

Consumer confidence continues to grow with the easing of further restrictions, borders opening, the return to office and stability in the US with the inauguration of President Joe Biden. This confidence is underpinned by extraordinary retail numbers that are being released by retail giants - with many upgrading their expected first quarter profits.

In the lead-up to the Commercial Auction Portfolio on Thursday 18 March, the Ray White Group will come together as a collective force for ’Real Estate of Origin’. The annual initiative generates unprecedented activity and creates a wonderful sense of competition between all business units. Will a commercial agent take top spot again?

A highlight each January is ‘The Event’ held by the Ray White Surfers Paradise Group. The auction spectacular held at the RACV Royal Pines saw 132 properties scheduled to go under the hammer. Congratulations to the team for what was another outstanding success.

Finally, we look forward to celebrating the success of our 2020 Alan White Elite Performers at the annual conference. This year’s celebration will be held at Elements of Byron between 22-24 March.

QUICK JUMP TO A REGION QLD

NSW

VIC

WA

NZ

PORTFOLIO | Ray White Commercial | 3

ALDI HITS THE CHECKOUT AS AUBURN STORE SELLS FOR $21.08M THE Western Sydney suburb of Auburn has continued to prosper with a private Asian investor purchasing a prized former Aldi site for $21.08 million at 6-10 Harrow Road after a successful expressions of interest campaign.

The property, that is set on 3,889sqm* of land, is zoned B4 Mixed-Use and has an FSR of 5:1. The height is also proposed to increase from 38 to 55 metres. Aldi ceased trade on the site on 25 November 2020.

Aldi had since finished a fit-out at their new home that was now open for trade just down the road in the booming Auburn Central.

The asset was marketed and sold by Ray White Commercial Western Sydney Managing Director Peter Vines and Directors Victor Sheu and Joseph Assaf.

“Auburn is becoming a real hive of activity in recent times and this deal - along with the recent $129.5 million sale of Auburn Central shopping centre - tells us that the suburb is becoming a real attraction for the investor and developer market,” Mr Vines said. *Approximately.

4 | PORTFOLIO | Ray White Commercial

“The fundamentals for commercial property have never been better – with low interest rates and government incentives really stimulating the market.

“Being on the doorstep of booming Parramatta is also having a real effect as buyers look to be closer to the ‘second Sydney’.”

“We anticipated extremely strong demand for the asset given its close proximity to Parramatta CBD and the lack of stock available on the market for developers,” Mr Assaf said.

“The campaign certainly lived up to expectations with substantial interest coming from investors, owner occupiers, and developers – a testament to what was on offer.”

“The purchaser is a private Asian investor who plans on holding the asset for five to ten years and redeveloping the property later down the track,” Mr Sheu said.

“The asset is incredibly well located on a prime corner site in the heart of Auburn town centre and is only 450* metres to Auburn train station – offering great public transport links.”

EXCEPTIONAL COORPAROO DEVELOPMENT SITE SELLS FOR OVER $10M BOLTON CLARKE has purchased an exceptional development site, currently occupied by the Coorparoo RSL, in the affluent inner-Brisbane suburb for over $10,000,000^ at 20 Harries Road in Coorparoo.

The property commands a 2,693sq m* corner site with 105m* street frontage, and is opposite Coorparoo Square, the $252 million mixed-use development recently completed by heavyweights Fraser Property Australia and Honeycombes Property Group.

The property was marketed and sold exclusively by Ray White Commercial Queensland Director and Head of Investment Sales Tom Barr and Ray White Special Projects Queensland Executive Director Matthew Fritzsche.

“The sale campaign attracted very strong interest with buyers, both local and interstate, private and institutional,” Mr Barr said.

“We received competitive bids from both investors and developers. The developers were primarily contemplating

vertical retirement living/aged care and/or residential apartments on the site.

“With a short-term leaseback to the Coorparoo RSL, the asset is positioned to capitalise on the future growth and development within the Brisbane south-eastern corridor, in particular the recently completed $250 million* mixed-use Coorparoo Square development (opposite).”

“The site and location offered great development potential with a code accessible height up to 16 storeys with upper levels to incorporate panoramic city views. The popular suburb is only 3km* to the Brisbane CBD and within walking distance to public transport,” Mr Fritzsche said.

“The upcoming Eastern Transitway really appealed with the project delivering targeted bus priority measures to improve safety, reliability and capacity along Old Cleveland Road, from Coorparoo to Carindale.”

*Approximately. ^Including GST. PORTFOLIO | Ray White Commercial | 5

2020 AUSTRALIAN COMMERCIAL SALES IN REVIEW VANESSA RADER Head of Research

The closing of 2020 yielded strong sales results as a flurry of investment activity in the month of December occurred.

Most of the year was dominated by smaller sub-$2 million sales as many investors were cautious to proceed, however, the growing price point towards the end of the year highlighted a return of confidence. Retail, development, and 2020 Australian Commercial Sales in Review to be most sought-after as buyers industrial assets continued look towards a stable income stream and future potential to add value in a post-COVID-19 economy.

Of our monitored sales, the greatest share of activity was seen along the East Coast with New South Wales recording over $7.6 billion with Victoria, despite the second wave and lockdowns, performing well - representing close to a quarter of all deals.

We also saw an uptick in the other states with smaller private investors seeking income producin assets with an improvement in SAadded exceeding $1billion while Tasmanian and ACT activity remaini Queensland transactions over $4.25 billion, while sub $300million.

Western Australia continued to perform and attracted

increased interstate interest, growing volumes to $1.26

In late The closing of 2020 yielded strong sales results as a flurry of investment activity in the month of 2020 we did see many larger transactions taking place, however the bulk of activity which billion.

Wewas also saw anby uptick in private the other states with smaller occur in 2020 dominated the small market.

Transactions in the sub $1million pric December occurred. Most of the year was dominated by smaller sub $2million sales as many private investors seeking income-producing assets with an Across much of t During 2020, we reported weekly on the Australian range represented 60.61% of all deals, albeit just 11.27% of the total turnover. investors were cautious to proceed, however the growing price point towards the end of the year year we recorded average saleAustralia prices within the $1milllion tobillion, $2millionwhile range however given thi improvement in South exceeding $1 commercial sub-$50 million property market and our total highlighted a return of confidence. Retail, development and industrial assets continued to be most uptick late in the year the total year average was found at $2.54million.

Tasmanian and ACT activity remaining sub-$300 million. preliminary results fora stable the year amounted tofuture 7,697 sales to - add value sought after as buyers look towards income stream and potential in a witheconomy. a total transaction value of $19.37 billion. While this has post COVID-19

been an outstanding result given the high uncertainty across

Australian commercial transaction volumes by asset class

Australian During 2020, we reported weekly on the Australian Commercial sub $50million property market, ourCommercial Transaction Volumes by Asset Class Sub-$50 million the international economy and interruption of lockdowns, total preliminary results for the year have amounted to 7,697 sales with a total transactionSub value of $50million these results remain 38.39 per cent down on the full $19.37billion. While this has been an outstanding result given the high uncertainty across the 2019 year. international economy and interruption of lockdowns, these results remain -38.39% down on the full20.35% Office 11.45% 2019 year. The rapid run we witnessed at end of the year is a positive indicator and this elevated Industrial The rapidtorun we witnessed at we theexpect end to ofsee thea year is aback to pre-COVID-19 volume is anticipated continue into 2021 and rebound Retail results. positive indicator and this elevated volume is anticipated to

continue into 2021 and we expect to see a rebound back to pre-COVID-19 results.

3.92%

Australian Commercial Transaction Volumes by State

0.83%

Australian commercial transaction volumes by state Sub-$50 million

Sub $50million

1.10% 21.95%

6.05%

0.94% 2.02%

0.64% 6.49% 5.27% 1.37%

2.02%

ACT NSW Vic Qld Tas NT

WA 23.89%

SA 39.30%

2020* turnover: $19.37billion in 7,697 transactions

2020* turnover: $19.37 billion in 7,697 transactions

33.30%

19.13%

Development Medical/Aged/Child Care Service Station Hotel & Tourism Block of Units/ Boarding House Pub Other

Source: Ray White Commercial, PIMS, RCA (preliminary data) Source: Ray White Commercial, PIMS, RCA (preliminary data)

With the buyer this see year heavily private investors given the low interest rate In late 2020profile we did many skewed larger to transactions taking environment; there was much reluctance to transact by many larger groups until some economi place, however the bulk of activity which did occur in 2020 certainty returned to the market. The high level of unknowns deterred many investors and vend was dominated by the small private market. Transactions in alike, unsure if now was the right time to transact. Despite this, there remains a high demand fo the sub-$1 million range represented 60.61 perquest centto achieve greater income producing assets price by private buyers looking to diversify in the of all deals, 11.27 perThis cent of the total such turnover. returns than thealbeit currentjust low bond yields. resulted in assets as child care, medical, serv Acrossblocks muchof of the we recorded average salepool prices stations, units andyear boarding houses growing their buyer with demand high, keepin investment yields within the $1low. million to $2 million range, however given this

uptick late ininvestment the year,stock the continued total year averagewith was foundremaining at More traditional to transact, Industrial the most sou $2.54 million. a third of all sales volume this year. As these assets have a wide price varianc after representing the number of deals however exceeded 3,300 resulting in an affordable average sale price of sub Of our monitored sales, the greatest share of activity was seen along the East Coast with NSW $2million. Industrial was tipped by many to weather the COVID-19 storm the best however the recording 6over $7.6billion,| Ray Victoria the second wave and lockdowns has performeduncertainty well | PORTFOLIO Whitedespite Commercial surrounding retail did not deter buyers recording $3.94billion in sales ranging from s representing close to a quarter of all deals. Queensland transactions has added over $4.25billion strip shops to local neighbourhood centres. Developers remained active this year seeking qualit while WA has been a standout this year, with its robust border control ensuring that the economy opportunities to prepare for 2021 and beyond with infill sites in greatest demand. continued to perform and attracted increased interstate interest growing volumes to $1.26billion.

Source: Ray White Commercial, PIMS, RCA (preliminary data)

Source: Ray White Commercial, PIMS, RCA (preliminary data)

With the buyer profile this year heavily skewed to private investors given the low interest rate environment, there was much reluctance to transact by many larger groups until some economic certainty returned to the market. The high level of unknowns deterred many investors and vendors alike, unsure if now was the right time to transact.

Despite this, there remains a high demand for incomeproducing assets by private buyers looking to diversify in the quest to achieve greater returns than the current low bond yields. This resulted in assets such as childcare, medical, service stations, blocks of units and boarding houses growing their buyer pool with demand high, keeping investment yields low.

More traditional investment stock continued to transact, with industrial remaining the most sought-after representing a third of all sales volume in 2020. As these assets have a wide price variance, the number of deals exceeded 3,300 resulting in an affordable average sale price of sub-$2 million.

Industrial was tipped by many to weather the COVID-19 storm the best, however the uncertainty surrounding retail did not deter buyers, recording $3.94 billion in sales ranging from small strip shops to local neighbourhood centres. Developers remained active last year seeking quality opportunities to prepare for 2021 and beyond, with infill sites in greatest demand.

Total 2020 Sales

$19.37 BILLION 38.39% on 2019

Number of sales

7,697

SOLD

3rd

QLD $4.25 billion

1st

VIC $4.63 billion

NSW $7.61 billion

2nd

Industrial

Office Retail

1st

$6.45 billion

2nd

$3.94 billion

3rd

$3.70 billion

Key Growth Assets of 2020 Service stations Medical and childcare Block of units and boarding houses

Source: Ray White Commercial PORTFOLIO | Ray White Commercial | 7

INTRODUCING

RAY WHITE VALUATIONS With over 200 years of combined valuation knowledge and experience backed by Ray White’s national and international presence, we are trusted for our consistent and accurate reporting and are often sought out for our unrivalled research and property advice by homeowners, investors, developers, estate agents and lenders alike.

OUR VALUATION SERVICES Valuations for Commercial Real Estate including Office, Retail, Industrial and Shopping Centres; Valuations for Going Concern including Hotels and Resorts, Pubs, Golf Courses, Childcare Centres, Boarding Houses and Student Accommodation; Valuations for Residential Real Estate including Residential Developments, Prestige Residential Properties, Residential Subdivisions and Unit Entitlement Valuations; Valuations for Corporate and Government Portfolios; and Expert Legal Witness

WE REGULARLY COMPLETE VALUATIONS FOR: Major banks and other lending institutions, developers and investors, property trusts, government bodies, liquidators and administrators, lawyers, accountants and brokers.

Providing valuations in a range of scenarios including: Mortgage security, rental assessment, unit entitlement, sale and purchase advice, rate objections and statutory value, restructuring ownership splits, cash flow modelling.

Get in touch

ROBERT WILSON

Managing Director / Partner Ray White Valuations NSW 0424 135 642 robert_wilson@raywhite.com

ADAM ELLIS

Partner Hotels & Leisure 0411 752 293 adam.ellis@raywhite.com

PETER WILTSHIRE

Partner Residential Development 0414 780 448 peter.wiltshire@raywhite.com

RAYWHITECOMMERCIALNSW.COM/VALUATIONS

JARROD PILTZ

Partner Retail, Industrial & Office 0400 204 640 jarrod.piltz@raywhite.com

14 | PORTFOLIO | Ray White Commercial

LARGE YARD - GREAT PROFILE 265 Dyers Road, Bromley, Canterbury, NZ

Outline Indicative Only

LEASE

$52,000pa + GST + outgoings Large contractors yard or display yard well located with frontage to Dyers Road, Bromley. Available here is a 3,000m2 site with a small oďŹƒce/warehouse of 120m2* fronting busy Dyers Road (being part of the Ring Road system) providing excellent exposure to passing traďŹƒc as well as allowing you easy access around the city. Zoned Industrial Heavy. This rectangular shaped site is accessed by a ROW from Francella Street and lends itself to a variety of uses.

Paula Raine 64 27 221 4997 paula.raine@raywhite.com

*Approx

www.rwcchristchurch.co.nz

Ray White Commercial Christchurch - Raine Blackadder Ltd - Licensed (REAA 2008)

PORTFOLIO | Ray White Commercial | 11

41.72HA* RESIDENTIAL DEVELOPMENT SITE Lot 346 Bauer Street, Lowood QLD

Outline and Locations Indicative Only

EXPRESSIONS OF INTEREST Closing Wed 3 Mar 2021 4pm • • • • • •

41.72Ha* site which is elevated and predominantly cleared Recently lapsed Development Approval for 340 lots over 10 stages Zoned General Residential 1.5km* from the Lowood town centre and schools 1hour* to Brisbane CBD and 30km* from the Ipswich City Centre Strategic location within Western Brisbane employment & industry growth corridor

Dax Roep 0421 230 354 dax.roep@raywhite.com

*Approx

raywhitespecialprojects.com

HIGH PROFILE CBD INVESTMENT 23 Denham Street, Rockhampton QLD

Outline Indicative Only

SALE

By Private Treaty • Leased to City Heart Medical Centre, Commonwealth Bank & Westpac • Large 2,579m2* Site • Net Lettable Area 2,242m2* • Superb Onsite Parking - 87* Open Carparks • Potential Net Income $429,297pa

John Dwyer 0439 034 010 john.dwyer@raywhite.com Mark Muldrew 0428 836 675 mark.muldrew@raywhite.com

*Approx

raywhitecommercialqld.com

UNFORESEEN CIRCUMSTANCES FORCE SALE OF 3,298M2* BLOCK 54-60 Government Road and 77-79 Broad Street, Labrador QLD

Outlines Indicative Only

AUCTION

Thursday 18 February at 11am, Gold Coast Turf Club, Bundall • • • • • •

Highly motivated seller has over committed elsewhere 3,298m2* of prime corner development land 121m* of street frontage on the highly utilised main road 6 entire blocks to be sold in one line Potential for 51 apartments or 19 Townhouses STCA^ (Medium Density Residential) Immediate sale - Will be sold!

Jackson Rameau 0438 451 112 j.rameau@rwsp.net Victor Tauch 0466 679 321 v.tauch@rwsp.net

*Approx ^Subject to Council Approval

raywhitecommercialgoldcoast.com

NEAR NEW ACCOMMODATION & WEDDINGS / FUNCTIONS PROPERTY - 40MINS* TO NOOSA 20 Hasthorpe Road, Kandanga QLD

EXPRESSIONS OF INTEREST Closing 4:00pm Thursday 18 February 2021

• Nine cottages to accommodate up to 32 people and two 4-bedroom homes • Multiple function venues and two commercial kitchens • Beautiful 10ha* block with dam, sheds, mini putt-putt, basketball court, fire pit and walking tracks • Fully approved including building, functions and weddings approvals • All buildings near new or renovated, no expense spared on infrastructure

Louisa Blennerhassett 0447 904 552 louisa.blennerhassett@raywhite.com

*Approx

raywhitecommercialnoosasunshinecoastnorth.com

TENANTED INVESTMENT 71-77 Patrick Street, Aitkenvale QLD

Outline Indicative Only

EXPRESSIONS OF INTEREST

Closing 18th February 2021 at 4pm (if not sold prior) • • • • •

Building Area: 1,345m2* Office Area: 900m2 NLA* Secure Parking Area: 445m2* allowing 31 parks Rental: $252,683.02 pa net plus GST* Term: 4 years commencing January 2021 A Grade Fitout to State of Qld requirements

Adrian Pascoe 0417 622 240 adrian.pascoe@raywhite.com Graeme Russell 0448 410 067 graeme.russell@raywhite.com

raywhitecommercialtownsville.com

EAGLE FARM BUSINESS PARK 300 Lavarack Avenue, Pinkenba QLD

SALE/LEASE

Jack Gwyn 0424 807 166 jack.gwyn@raywhite.com

Price Upon Application • Brand new aesthetically pleasing office/warehouse units from 70sqm* 203sqm* with various configurations. • Features include electric roller doors, off

street parking, open plan, high-bay warehousing & storage, fenced & gated complex, LED lighting throughout, pleasing street appeal, exclusive & common parking.

Jared Doyle 0408 160 570 jared.doyle@raywhite.com

raywhitecommercialtradecoast.com

INTRODUCING CLARA TOWER CANNON HILL 1882 Creek Road, Cannon Hill QLD

Artists Impression Only

SALE/LEASE

Price Upon Application

Jonathon Jones 0439 624 813 jonathon.jones@raywhite.com

Perfectly positioned with easy access to public transport and major arterial roads, Clara Tower will be the latest addition to the evolving Cannon Hill shopping precinct. Suitable for owner occupiers, tenants and investors with Sale/ Lease options from 50sqm* - 4,729sqm*. Allowable uses include Health & Wellness, Medical, Office & Retail. Estimated completion early 2022.

Franz Stapelberg 0430 655 676 franz.stapelberg@raywhite.com

raywhitecommercialtradecoast.com

MULTI-TENANTED INVESTMENT IN PROMINENT LOCATION 8 and 9/3-5 Ballinger Road, Buderim QLD

Outline and Locations Indicative Only

SALE

Julie Ryan 0447 445 453 julie.ryan@raywhite.com

$1,245,000 for both • Good lease security with over 2 years remaining in heart of Buderim • $81,864 Net P/A • Close proximity to Sunshine Motorway

• Nearby to Buderim State School (important to the speech pathology tenant) • Main road connecting Buderim to Mountain Creek & Sippy Downs

Samuel Hoy 0423 795 273 samuel.hoy@raywhite.com

raywhitecommercialnortherncorridorgroup.com.au

IGA EXPRESS ANCHORED 245 Francis Road, Bray Park QLD

IGA ANCHORED CENTRE 1-7 Mariner Boulevard, Deception Bay QLD

Outline Indicative Only

SALE

SALE

UNDER CONTRACT

• • • •

High profile 3687m2* corner position site New 10 lease to IGA Express 75 place childcare centre Complex 95% leased

SOLD

Julie Ryan 0447 445 453

raywhitecommercialnortherncorridorgroup.com.au

• Net rent $221,390 P/A (approx 6% return) • IGA anchored (with lease to 2026 plus 3x5 options) • 9 tenancies with 3 vacancies which could increase net income by around $100,000 P/A with the right strategy resulting in a yield closer to 8.5%

Julie Ryan 0447 445 453

raywhitecommercialnortherncorridorgroup.com.au

12 | PORTFOLIO | Ray White Commercial

SECURE 10 YEARS LEASE INVESTMENT 116-118 Railside Avenue, Bargo NSW

SALE • • • • • •

Site area 2,048m2* Upgrade works completed recently Combined income of $345,000 p.a Gross + GST Attractive 3% annual increases On-site car parking Existing service station site for 30* years

Joseph Assaf 0401 397 696 jassaf@raywhite.com Victor Sheu 0412 301 582 victor.sheu@raywhite.com

*Approx

raywhitecommercialnsw.com

CROWN STREET LANDMARK

COMMERCIAL TERRACE

LEASE

LEASE

543 Crown Street, Surry Hills NSW

Price Upon Application • 260sqm* plus large rear courtyard • Suit a variety of uses, including food use, office or medical (S.T.C.A) • High volume ceilings • High traffic location surrounded Crown Street bars, restaurants and easy access to the Devonshire Street Light Rail

60 Cross Street, Double Bay NSW

Price Upon Application

Grant Whiteman 0418 244 566 Jake Fahd 0419 951 324

• • • • • •

95sqm* Full kitchen with oven and stovetop Architecturally designed, rear courtyard Marble fireplace Character filled terrace w/ Bay windows Rear lane access to Guilfoyle Avenue

*Approx

Jake Fahd 0419 951 324

*Approx

raywhitecommercialeasternsuburbs.com

raywhitecommercialeasternsuburbs.com

IMMACULATE OFFICE SUITE

WAREHOUSE OFFICE

LEASE

LEASE

Suite 5 2 New McLean Street, Edgecliff NSW

Price Upon Application • • • •

117sqm* Open plan layout with abundant natural light Fully air conditioned Self contained with modern kitchenette & separate male/female bathrooms • Undercover security parking for 3 cars • Balcony access w/ city & district views

97 Rose Street, Chippendale NSW

Price Upon Application

Jake Fahd 0419 951 324

*Approx

raywhitecommercialeasternsuburbs.com

• • • •

450sqm* Whole top floor quality accommodation Direct lift access w/ multiple meeting rooms Easy access to transport links, Central Station and Broadway Shopping Centre • 2 basement car spaces

Grant Whiteman 0418 244 566 Jake Fahd 0419 951 324

*Approx

raywhitecommercialeasternsuburbs.com

PORTFOLIO | Ray White Commercial | 13

SIGNIFICANT DEVELOPMENT SITE WITH PLANS AND PERMITS IN MELBOURNE'S EAST 390 Burwood Highway, Wantirna South VIC

Outline and Locations Indicative Only

SALE

Price on Application • One of Melbourne's most significant development sites in eastern suburbs • Complete with plans and permits for a multi tower school • Corner Site - street frontage to Stud Road & Burwood Highway

• Multiple uses (STCA) • Located across the road from Westfield Knox Shopping centre and 300m from Swinburne University • Only minutes from Eastlink • Land Size: 7,585m2*; Mixed Use Zone

Mitch Rosam 0402 355 805 mitch.rosam@raywhite.com Paul Waterhouse 0417 660 153 paul.waterhouse@raywhite.com

*Approx

raywhitecommercialferntreegully.com

PORTFOLIO | Ray White Commercial | 15

WILLIAM STREET DEVELOPMENT SITE 469 William Street, Perth WA

Outline and Locations Indicative Only

SALE

Offers Invited Superbly located on William Street the property has exceptional exposure and easy access for traffic in both directions plus rear lane access.

Comprising of 630sqm with a 24m frontage to William Street and rear lane access.

With a mixed use zoning, this property presents an exceptional opportunity to develop now or landbank for the future.

Stephen Harrison 0421 622 777 stephen.harrison@raywhite.com

raywhitecommercialwa.com

ATLAS URBAN ECONOMICS IS A NEW GENERATION URBAN AND REGIONAL ECONOMICS PRACTICE. Our services include economic analysis, financial analysis and property valuation, help with development planning, strategic planning and infrastructure planning.

The sectors we cover: agriculture, aviation, business uses, culture and community, economic development, education, health, housing, infrastructure, innovation, mixed use, public policy, regional economy, urban renewal.

We help developers, investors, planning authorities and policy makers with advice related to land use, property and infrastructure.

Visit us here atlasurbaneconomics.com for more information.

Or get in touch info@atlasurbaneconomics.com

ATLASURBANECONOMICS.COM

White & Partners is a real estate investment and advisory firm that forms part of the White Family Group of companies.

Investment - We invest on behalf of the White Family and investors, from family offices, high net worth individuals and our development partners. We aim to create value by partnering with extraordinary people to deliver on a range of residential, office, industrial and commercial development projects. We seek to generate attractive absolute returns across economic cycles.

Advisory - We provide trusted strategic advice to government, corporate tenants, owners of commercial and prestige residential real estate, as well as wholesale property investors. Our experienced partners lead all engagements and have a proven track record of delivering results.

Debt Management - White & Partners Debt Management (WPDM) was established in 2016 to invest in Commercial Real Estate (CRE) First Mortgage opportunities. WPDM aims to deliver attractive risk-adjusted returns to investors by providing tailored first mortgage lending solutions to borrowers.

WHITE AND PARTNERS AT A GLANCE STRONG RISK ADJUSTED RETURNS

Padstow Park Hotel - Padstow, NSW

Union Place, Jannali, NSW

Acquisition Price - $13.7 million

Acquisition Price - $10 million

Realised return - 25.4% p.a.

Realised Return - >20% p.a

EXPERIENCED AND ACTIVE TEAM

>$1.1 billion Investment team of 17 professionals

Total value of projects invested since 2015

Over 300 years collective property and finance experience

UTILISING THE RAY WHITE ECOSYSTEM Human Interactions

Real Time Data

Access to agents at a suburban level in Australian and New Zealand markets enables White & Partners to understand intricate project details and ‘soft’ intelligence

With Ray White’s global network of over 900 agencies, White & Partners benefit from access to real time data a key input in investment decisions

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