Gresham Businesses
Prior Funds
Gresham Property has raised and managed 5 prior property debt funds. Funds were raised primarily from institutional investors. Some of the aggregate features of these funds are summarised below:
- Investments: 43 mezzanine, joint venture and stretch senior investments in projects with over $3.8 billion end value including 3,600+ residential dwellings, 1,000+ subdivided land lots and 300,000+ sqm of retail/commercial/industrial space. The investments are across each of the Australian mainland capital cities as well as major regional locations.
- Asset Classes:
- Residential units
- Residential mixed use projects (including small to large retail and/or commercial centres)
- Boutique luxury beachfront / riverfront units
- Townhouses / terraces
- House & land packages
- Land subdivisions
- Serviced appartments
- Seniors / aged care living
- Student accomodation
- Self storage
- Commercial
- Hotels
- Shopping centres
- Industrial / business park
- Industrial / terminals & ports
A selection of investments includes:
Sydney
Property Type: Home and land package estate
Project Size: 132 townhouses / villas & 2 retail suites
Total project value: $85 million
Melbourne
Property Type: Residential/Retail
Investment: Mezzanine loan
Project Size: 329 apartments & 6 Commercial units
Total project realisations: $170 million
Brisbane
Property Type: Residential, retail, port facilities
Investment: Mezzanine loan
Project Size: 381 apartments
Total project realisations: $220 million
Canberra
Property Type: Residential
Investment: Mezzanine loan
Project Size: 346 apartments & 3 commercial units
Total project realisations: $167 million
Sydney
Property Type: Residential/Commercial/Retail
Investment: Mezzanine loan
Project Size: 206 apartments & ~24,000sqm of retail and commercial space
Total project realisations: $350 million
Sydney
Property Type: Land subdivision
Project Size: 165 land lots
Total project value: $75 million
Brisbane
Property Type: Residential/Retail
Investment: Stretch Senior loan
Project Size: 228 apartments & 600sqm of retail space
Total project realisations: $117 million
Melbourne
Property Type: Residential subdivision
Investment: Joint Venture
Project Size: 229 lots
Total project realisations: $150 million
Sydney
Property Type: Residential
Investment: Stretch Senior loan
Project Size: 85 apartments
Total project realisations: $34 million
Sydney
Property Type: Residential
Investment: Stretch Senior loan
Project Size: 8 luxury apartments
Total project realisations: $35 million