News and Announcements
Newground Capital Increases Deal Pipeline to $650m+ & Provides $138m Partnership Capital to Australian East Coast Projects
- Published July 12, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Newground Capital is a boutique real estate investment manager, combining local knowledge and expertise in the Australian Real Estate market with international investment capability. Over the past 12 months, we have been focused on expanding our platform in Australia while also forging stronger relationships with institutional investors and family offices across Asia. We are pleased to highlight some of our achievements from 2017:
- During FY17 Newground provided partnership capital to approx. $138m in projects on Australia’s East Coast;
- Deal pipeline has significantly increased to $650m+ due to expanded deal origination network;
- Expanded execution capability to include Melbourne with the recent appointment of new investment team in addition to the offices in Sydney & Brisbane;
- Appointment of ex ANZ Senior Executive Mr Stephen Hall to the board as Executive Director, Head of Credit;
- Through our active presence in Hong Kong and Singapore, we continued to increase mandates with Asia based family office & institutional investors to deploy capital in the Australian CRE debt market.