Our success stems from a focused, strategic approach to investment.
We view real estate as a network asset, so we map and analyse infrastructure to assess its impact on values to achieve the highest and best use.
EG invests in real estate assets with a value-add strategy realised by active asset management, refurbishment, repositioning and/or rezoning, strata titling or redevelopment.
EG’s funds include assets with planning and or repositioning upsides across the office, retail, industrial and accommodation sectors. As with all acquisitions, a strong emphasis is placed on downside risk protection.
Targeted characteristics of deal flow include:
EG focuses heavily on asset repositioning to deliver enhanced investor returns. Strategies include:
The team have strong expertise in property refurbishment to increase and realise value. Refurbishments range from aesthetic / cosmetic based refurbishments of office buildings and shopping centres through to major upgrades of property including plant and equipment.
EG has successfully upgraded office buildings with a focus on achieving 4.5 star NABERS rating. Higher ratings often translate to uplifts in passing rentals and improved yield compression on disposal.
Active Asset Management
The team rigorously manage EG’s portfolio to identify opportunities to add value. EG’s initiative and thorough due diligence processes have benefited investors over many years. A focus is placed on building tenant relationships to add value, risk management, selection of top tier service providers and cost savings by grouping the portfolio on a range of essential contracts.
Land Use Change
Land use change through rezoning to unlock the highest and best use for a property.
Built form change
Increasing asset value through amendments to Local Government imposed Built Form and Development Controls.
Select team members have expertise and experience in securing planning and other related approvals for large, complex, and often controversial development proposals.
Other approvals sought may include heritage approvals, modifications to existing developments, signage approvals and tenant-specific use requirements.
EG has acquired whole buildings with a view to seeking stratum and strata title approvals to dispose the asset as smaller units. Strata units are often sold at a significant premium to their equivalent entry price.
Common characteristics of properties acquired using the “follow the infrastructure” strategy include those that are: