Billionaire Alex Waislitz considers launching a listed property fund

Billionaire Alex Waislitz considers launching a listed property fund
Staff reporterMay 21, 2018

The billionaire investor Alex Waislitz in considering launching a listed property fund.

It ill be modelled on his investment companies Thorney Opportunities and Thorney Technologies.

Waislitz, who has made his fortune from investing in ASX-listed small and mid cap companies, has shifted his focus to property over the past few years.

His private Thorney investment group has lent about $20 million to property developers with plans to lend more than $100 million, potentially through a new listed investment company or an unlisted fund revealed to the Australian Financial Review.

Thorney has also partnered in about $1 billion worth of property syndications deals across commercial, residential and industrial deals in the past five years.

Editor's Picks

26 Vista Street, Surfers Paradise apartment development, hits 70 per cent sold
Latent Defects Insurance 101: What is the Technical Inspection Service (TIS) Program
City Beat January 2025: Gold Coast property values continue to grow as off the plan enquiries hit near 12-month high
Live parkside in Melbourne for under $500,000
Amalgamated Property Group launches Affinity Broadbeach apartments ahead of construction commencement