Elanor Investors Group

Tune in to the latest episode of Finding Alpha for the the inside scoop on Commercial Real Estate.   Rising interest rates, construction costs, labour costs and hybrid working. It’s been a challenging environment for real estate over the last few years. Yet performance moves in cycles and green shoots abound. Particularly for existing stock in quality locations purchased at attractive valuations. Elanor Investors Group’s Head of Investments, David Burgess, joins Sinead Rafferty, CFA on Finding Alpha to share the geographies, sectors and assets that are looking compelling as well as the alternative investments on their radar.   Tune in at https://lnkd.in/gaXCX_iw   #realestate #alternatives #investing

Shopping Centre News Australia is excited to release its latest edition of SCN! Our annual feature, the Retail Investment Review & Property Sales Report by JLL highlights some very interesting facts. Sales in FY24 totalled some $6.6 billion which is in line with the historical range of $6-8 billion; but what was unusual is that 56% (by value) of those sales were to Syndicator Capital and high net worth Private Investors. Demand for the properties on sale was high with some 3.6x capital available for each property. As well, there’s a shortage of retail space. The other annual feature in this edition is the retail development pipeline coverage. Many of the projects underway are simply fabulous, which sets the stage for our special feature – ‘Movers and Shakers’. Their comments are incisive, with a common theme being that ‘teamwork’ is the cornerstone of success. This exclusive Q&A features: ▪ Benjamin Conlon, Mirvac ▪ Martin Dowl, QIC ▪ Eddie Giraldo, Dexus ▪ Meredith Hayes, Lewis Land ▪ Renaud Herington, Growthpoint Properties Australia ▪ Samantha Horsfall, Vicinity Centres ▪ Antony Keenan, Haben Property Fund ▪ Zak Lewin, Elanor Investors Group ▪ Thomas Rethati, Frasers Property Australia As is typical of SCN, this issue is reflective of our industry at the present time. We’re vibrant and the market for our product – the shopping centre – is keen; there’s more demand than supply. So we’re creating more product and what’s in that development pipeline is inspirational. Furthermore, the teams involved, in both the existing and expanding centres, are expert and unified. What a great industry! SCN's premium members can view the latest digital magazine here: https://lnkd.in/g3-Wq77 The next issue is Mini Guns 2024! To become a premium member, sign up here: https://lnkd.in/dwtn78Yb

Elanor Investors Group partners with PGIM Real Estate acquire last mile logistics estate Melbourne Elanor Investors Group and PGIM Real Estate have jointly acquired a 19-hectare last mile logistics development site at 522-550 Wellington Road, Mulgrave, marking one of Australia's largest industrial property transactions this year. Co-Head of Industrial & Logistics at Elanor, Myron Poobalasingam, said the property presented an unprecedented opportunity to acquire an industrial and logistics brownfield site within one of Melbourne’s most tightly held and densely populated areas. PGIM Real Estate Head of Transactions in Australia, Greg Linklater said: “The structural trends of e-commerce penetration and favourable long-term population growth outlook in Australia are making a strong investment case for the logistics sector. Managing Director and Head of Australia for PGIM Real Estate, Steve Bulloch added: “We feel that 2024 could prove to be a good opportunity to access some very good real estate. Elanor Chief Executive Officer, Glenn Willis said: “we are pleased to be partnering with PGIM Real Estate in the acquisition of this strategic last mile logistics investment – an investment we believe will deliver strong investment returns for both PGIM Real Estate and Elanor.” Co-Head of Industrial & Logistics at Elanor, Amneet Singh Dari added: “The backing of a global investment leader like PGIM Real Estate recognises Elanor’s approach to identifying and unlocking value in real estate assets that deliver strong investment returns and highlights the continued demand for quality industrial and logistics property investments in Australia.” Read more on The INDUSTRIALIST - https://lnkd.in/gjpeWvD9 Elanor Investors Group PGIM Real Estate Myron Poobalasingam The ASEAN Developer Myles Brooks-Garrett Oliver Stiles Benett Theseira Andrew Neary Patrick Nott Julie Yeo #lastmilelogisticsmelbourne #developmentsitemelbourne #jointinvestment #melbournedevelopment #pgim #leanorinvestorsgroup #industrialland #industrialrealestate #industrialdevelopment #melbre

SCN's Women in Property series shines a spotlight on nine trailblazing women who are at the forefront of the property industry. Their journeys and experiences not only inspire but also challenge traditional narratives, paving the way for future generations. This week, we feature Ruth Jothy, Elanor Investors Group. Ruth Jothy is Head of Asset Management at Elanor Investors Group, where she manages a diverse portfolio spanning retail, office, healthcare and industrial properties. Ruth played a crucial role in the recent acquisition of Challenger’s real estate portfolio and now oversees all asset management services within Elanor’s real estate business. With more than 20 years of experience, Ruth has held leadership positions at HMC Capital, Aventus, Sydney Airport and Scentre Group (Owner of Westfield destinations in Aus and NZ). This exclusive SCN feature is shared with the industry thanks to Redpath Partners. Read it here: https://lnkd.in/gW_RW35u

Woolworths Group has opened its new state-of-the-art store at Warrawong Plaza, marking the final piece to the $30 million redevelopment project completed by Elanor Investors Group. An official ribbon cutting ceremony was held on Wednesday 10 April, with the store officially open to the community from 9:00am, followed by live music, giveaways and family entertainment. Elanor Investors, Head of Retail, Development & Mixed Use – Matt Healy said: “We are excited to welcome Woolworths to Warrawong Plaza and be able to offer home delivery to the local community, as well as elevating the centre’s emphasis on essential and everyday needs.” Woolworths State Property Manager for NSW, Brad Karge, added: “We’re thankful for the opportunity to open the doors of a new Woolworths supermarket at Warrawong Plaza, and our team are excited to help meet the in-store and online needs of the local community.” https://lnkd.in/g2Uy57tG