Darren sits down with Michael Fazzini from CapPru (formerly Capital Prudential) to discuss how the firm turns property development into an investable, income-generating asset class. They discuss CapPru's build-to-sell model, the difference between being a property developer and a fund manager, and the disciplined "pre-risking" process that protects investor capital before a single dollar is committed.
Michael also addresses builder and construction risk, using the example of a current live opportunity consisting of two industrial assets in Brisbane's south, positioned to benefit from a supply-demand imbalance running into the 2032 Olympics.
The CP Income Opportunity Fund provides exposure to Australian real estate via subordinated loans as well as senior loans and other real estate backed securities and equity like investments, targeting risk-adjusted returns and monthly distributions.
