Funding the entire lifecycle of real estate projects | Melissa Hosgood
I’m your host, Murdoch Gatti, and in today’s ROCast, we are speaking with Melissa Hosgood, the Managing Director, Portfolio Manager, and Founder of Labassa Capital.
Labassa Capital is an Australian real estate credit fund, target return of 9%, annualized real return of 12.46%, with a 0.5% management fee. What I found interesting was Labassa's unique approach to funding projects. In particular they fund the entire lifecycle of real estate projects, from land subdivision to the rise of distribution centers and versatile business parks.
Melissa delves into the intricacies of the credit fund, discussing its boutique-level operations and focus on high-potential property asset classes. We explore the evolving landscape of distribution centers, driven by the increasing demand for rapid delivery and the changing culture of the delivery business. We also touch on the "work anywhere" strategy, made more accessible by light industrial warehouses and business parks, allowing businesses to thrive in diverse locations.
Join us as Melissa unpacks the credit fund's strategy, direct projects, and the risk management techniques employed to ensure positive outcomes for investors. Whether you're interested in real estate investment or seeking insights into innovative asset management, this episode offers valuable perspectives.
So, before we get into this podcast, please remember this podcast is intended for entertainment purposes only and should not be taken as financial advice. Be sure to listen to the disclaimer at the end of this ROCast, and keep your feedback coming. You can reach me at mgatti@ywm.com.au.
I hope you enjoy this conversation as much as I did, so sit back, relax, and enjoy.
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