Labassa Capital

The Labassa Capital Australian Real Estate Credit Fund returned 0.81% in September, equating to 10.89% p.a. 12 month rolling performance, net of fees. Click below to read the full September LC Fund and Market update.     If you are interested in investing with Labassa or want to learn more about the Fund, please email contact@labassa.com or arrange a call with our team on 02 9061 6600.   For more information on Labassa Capital visit www.labassa.com   Available on Netwealth. For wholesale investors only.   #LabassaCapital #CRE #CommercialRealEstate #PrivateCredit #PrivateDebt #RealEstateDevelopment #Finance #RealEstate

CoreLogic's National Home Value Index (HVI) recorded a 0.3% rise in October, marking the 21st month of continuous value increases. As of 31 October, the median national house value sits at $874,827 and the median unit value sits at $668,234. Perth, Adelaide and Brisbane took out the top spots in terms of annual house growth, rising by 22.4%, 14.5% and 11.9%, respectively. Units in Perth remained the strongest performing residential asset type, with the median value rising by 24.3% over 12 months. Brisbane and Adelaide followed, with median unit values increasing by 18.8% and 18.5% p.a. Melbourne recorded another month of annual value decline for both units and houses, with median values decreasing by 2.2% and 1.8%, respectively. Brisbane and Canberra remain in a close contest for the second-highest median house value of the capital cities. Whilst Brisbane briefly surpassed Canberra last month, Canberra has now regained its position as second behind Sydney. *CoreLogic Australia Hedonic home values used For more on Labassa Capital, visit www.labassa.com #LabassaCapital #CommercialRealEstate #ResidentialRealEstate #RealEstateDevelopment #PrivateCredit #PrivateDebt #RealEstate #CoreLogic

In contrast to the previous month, August saw an overall decrease in building approvals across all states. New South Wales and South Australia tied for the largest decline, with 11.5% less total dwelling approvals than July. The order of states in terms of number of total dwelling approvals remained unchanged. Number of Approvals - Total dwellings approved fell 6.1% to 13,991 - Private sector houses rose 0.5% to 9,338 - Private sector dwellings excluding houses fell 16.5% to 4,418 Value of Approvals - The value of total residential building fell 6.7%, to $7.96b. - The value of non-residential building rose 11.5%, to $5.30b. Source: Australian Bureau of Statistics For more on Labassa Capital, visit www.labassa.com #LabassaCapital #CommercialRealEstate #ResidentialRealEstate #RealEstateDevelopment #PrivateCredit #PrivateDebt #RealEstate

It was a pleasure to have our Managing Director Melissa Hosgood, MBA present to PGW Financial Services / Solomons Group on Monday about Private Credit. The Labassa Capital Australian Real Estate Credit Fund (APIR LCL3034AU) is available on Netwealth, with more platforms coming soon. If you are interested in investing with Labassa Capital, reach out to the team on contact@labassa.com or 02 9061 6600 For more on Labassa, visit www.labassa.com

Investor interest in commercial real estate (CRE) debt has consistently risen in recent years, largely due to its conservative profile, consistent returns, and diversification potential. In this article, we provide an overview on: -      CRE Debt investing -      Its relative advantages as an asset class over other investments such as listed securities and property ownership, and   -      the diversification benefits investors can achieve through investing with a pooled fund actively managed by a specialist CRE Debt manager If you are interested in learning more about investing in CRE Debt and Labassa Capital, please contact us on 02 9061 6600 or contact@labassa.com to arrange a call. For more information on Labassa Capital visit www.labassa.com For wholesale investors only. #LabassaCapital #CRE #CommercialRealEstate #PrivateCredit #PrivateDebt #RealEstateDevelopment #Finance #RealEstate

The Fund returned 0.84% in August, equating to 10.91% p.a. 12 month rolling performance, net of fees. The Fund maintained its allocation across five facilities in New South Wales and Queensland. Australian real estate values continued on their upwards trajectory with no signs of slowing. The median house and unit values have reached $867,000 and $660,000, respectively. Despite ongoing cost of living pressures, there is increasing optimism about Australia's economic future. Notably, consumer confidence in personal finances has seen significant improvement.   Labassa Capital's project pipeline in August was $1.19 billion, encompassing 40 projects at an average facility value of approximately $29.8 million.     Click below to read the full August LC Fund and Market update.     If you are interested in investing with Labassa or want to learn more about the Fund, please email contact@labassa.com or arrange a call with our team on 02 9061 6600.   For more information on Labassa Capital visit www.labassa.com   For wholesale investors only.   #LabassaCapital #CRE #CommercialRealEstate #PrivateCredit #PrivateDebt #RealEstateDevelopment #Finance #RealEstate

In July, all states except Queensland experienced positive growth for building approvals. South Australia, Victoria and New South Wales took out the top spots as the month's biggest movers. Number of Approvals - Total dwellings approved rose 10.4% to 14,797 - Private sector houses rose 0.6% to 9,252 - Private sector dwellings excluding houses rose 32.1% to 5,234 Value of Approvals - The value of total residential building rose 9.0%, to $8.49b. - The value of non-residential building rose 3.2%, to $4.69b. Source: Australian Bureau of Statistics For more on Labassa Capital, visit www.labassa.com #LabassaCapital #CommercialRealEstate #ResidentialRealEstate #RealEstateDevelopment #PrivateCredit #PrivateDebt #RealEstate

Labassa Capital provided a senior land facility secured against a DA-approved site in Sydney’s west. The DA approval entails the construction of 20 residential apartments of different sizes and layouts. The project is located within 500 metres of a train station and is a short walk to the suburb’s town centre. The suburb has experienced steady growth due to its proximity to Parramatta CBD. The developer is experienced in residential projects and has worked with Labassa Capital on several other successful developments. Labassa Capital has capacity to invest at all levels of the capital stack and stages of the project. If you, or your client have a project that requires debt or equity funding, get in touch with our team via contact@labassa.com For more information on Labassa Capital, visit www.labassa.com #LabassaCapital #AustralianRealEstate #CommercialRealEstate #ResidentialRealEstate #RealEstateDevelopment #PrivateCredit #PrivateDebt #RealEstate

In CoreLogic's latest release, national home values rose by 0.5% in August, marking the nineteenth consecutive month of value increases. The median national house price now sits at $867,000 and $660,000 for units. Adelaide has overtaken Brisbane to become second in terms of annual house value growth, rising by 14.5% in the year to August. Perth led the capital cities, rising by 24.3% and Brisbane was third, rising by 14.1%. Units in Perth proved to be the strongest performing residential asset type in the year to August, rising by 25.0%. Brisbane and Adelaide followed, rising by 19.4% and 17.9%, respectively. Melbourne was the only capital city to experience an annual loss in value for both units and houses. Unit buyers in Canberra experienced the largest decline in value, as the median unit value dropped by 2.3%. Brisbane's median house value is expected to overtake Canberra in the near-future, with a gap of approximately $1,500. *CoreLogic Australia Hedonic home values used For more on Labassa Capital, visit www.labassa.com #LabassaCapital #CommercialRealEstate #ResidentialRealEstate #RealEstateDevelopment #PrivateCredit #PrivateDebt #RealEstate #CoreLogic

Labassa Capital recently settled on a senior construction facility for a 500+ residential allotment land subdivision. The project will take place over multiple stages, with this facility financing the first three. The project is located in a fast-growing suburb in Brisbane, approximately 30 kilometres southwest of the CBD. The site is within a state prioritised development precinct with ongoing infrastructure investment in transportation, community facilities and the new town centre. The developer is experienced and has delivered projects of similar scale in other growth corridors of Brisbane. Labassa is pleased to have been the financier for this project from the land acquisition stage through to the construction phase. The project is welcomed by the local government and community as the supply of new residential lots will help to fill the housing shortage and ease affordability. Labassa Capital has capacity to invest at all levels of the capital stack and stages of the project. If you, or your client have a project that requires debt or equity funding, get in touch with our team via contact@labassa.com For more information on Labassa Capital, visit www.labassa.com #LabassaCapital #AustralianRealEstate #CommercialRealEstate #ResidentialRealEstate #RealEstateDevelopment #PrivateCredit #PrivateDebt #RealEstate