Core focus
Factories & warehouses
Functional industrial assets with durable occupier demand, credible access and supportable rental economics.
02 / Property & JV
Income first. Downside understood.
We evaluate income-producing property individually, prioritising clear demand, sustainable occupancy and assets we can understand through practical operating logic.
Asset mandate
Focused on useful assets and supportable economics.
Core focus
Shop offices & retail
Commercial assets in active catchments where use, occupancy and downside can be understood without heroic assumptions.
Selective
Residential rental
Income-producing residential opportunities considered when yield, tenant demand and management burden remain attractive.
Selective
Income-backed land
Land or development situations with existing income, practical holding economics and a credible long-term use case.
Initial assessment
Every opportunity is assessed case by case. These are the questions that shape our first decision.
01
Cash flow
Current and sustainable net income—not headline gross yield alone.
02
Demand
Evidence of occupier or tenant demand in the immediate catchment.
03
Asset
Functional condition, access, title, tenure and realistic capital requirements.
04
Downside
A basis that does not depend on aggressive appreciation or perfect execution.
05
Structure
A clean transaction with properly authorised owners, agents and information.
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