SYDNEY--(BUSINESS WIRE)--#togetherwebuild--CrowdProperty Australia has launched a new fund for wholesale and institutional investors to invest in private real estate debt with target interest returns of up to 8.25% p.a.* after fees.

The fund invests in property project loans providing Australia�s small-scale residential developers with specialist finance, a sector that builds needed homes in Australia�s cities and towns and is typically underserved by traditional finance.

CrowdProperty Australia CEO David Ingram said the fund was a way for wholesale and institutional investors to diversify and de-risk investments through an established platform.

�Our specialist property team directly originates projects and conducts a rigorous 57-step due diligence process on all loan applications, typically funding only four percent of applications received,� Mr Ingram said.

�As a first mortgage fund, we�re the most senior debt in the projects. Our portfolio includes projects in major east coast cities and Adelaide and the Partner Fund is spread across all projects meaning it�s diversified by project type, loan term, and geographic location.�

CrowdProperty�s Partner Fund offers investors up to an 8.25% p.a. target interest return* paid in quarterly distributions with a minimum six-month investment term. Investments start from $25,000. Investors get a concierge service in on-boarding through a limited power of attorney enabling the CrowdProperty team to complete the registration process on behalf of investors.

Mr Ingram said the CrowdProperty Partner Fund was also a way for SMSFs and other investment structures to diversify their portfolio.

�Recent data analysing SMSF investments showed that 43% of SMSFs are not diversified enough, going against the guidelines set by the ATO in 2020,� he said.

�Investing in the Partner Fund allows SMSFs to build retirement wealth while maintaining a degree of liquidity as our loans run from six to 18 months.�

CrowdProperty launched in Australia in early 2021 and has already reviewed over $360m in project loan applications. Its UK sister company was founded in 2013 and has lent over A$428m (�251m) and funded the construction of 2,670 homes worth over A$1 billion (�590m).

*Target returns, not forecast returns. For wholesale investors only. Terms, conditions, and risks apply.

^ https://www.financialstandard.com.au/news/what-s-the-deal-with-managed-funds-179796577

About CrowdProperty Australia: CrowdProperty is a leading online marketplace lending platform providing finance to small-scale property developers. We efficiently match the need for finance from property professionals who build high quality property developments, with a source of capital from wholesale and institutional investors. www.crowdproperty.com.au

Contacts

Media enquiries: Jamie Millar � +61 0421 273 673 | [email protected]