Oceana Property Partners - Overview

Oceana Property Partners (OPP) specialises in the repurposing, repositioning, and redevelopment of commercial property.

Our investment focus spans across office, industrial and retail sectors along the Eastern seaboard and is driven by a targeted approach to solving tenant requirements and identifying market inefficiencies. Tenants sit at the centre of the Oceana experience and result in the above average returns delivered.

Our team is focused on de-risking opportunities prior to acquisition, leveraging our relationships across agency, tenancy, and construction to mitigate risk prior to acquisition, delivering superior risk-adjusted returns.

The founders have built a valued reputation across all major Australian markets. This reputation is backed by an enviable track record in both value-add and core investments and strong market relationships across the country.

We acquire value-add and core-plus assets across the Eastern Seaboard and undertake regeneration works to achieve above-market yield on cost.

OPP Executive Director

Our Purpose and Objective

OPP exists to create long-term value and returns, optimising its vast experience, stringent due diligence and prudent management style.

To acquire value-add and core-plus assets across Australia’s eastern seaboard; which offer capex and upgrade opportunities to achieve above-market yield on cost. Following acquisition, the Manager’s role is to deliver best in class asset management service to deliver above-market and superior risk-adjusted returns for our investors.

Investments

Our investments will typically exhibit the following key characteristics:

Traditional asset classes (Office, Industrial and Retail)

Demonstrable capital growth potential

Hold Period: 5-7 years

Acquisition Price, typically between $5 to $500 million AUD

Gearing between 35% and 60% of acquisition price

Regular investor reports

Premium location

Target average distribution 5.5% – 7% p.a.

The Manager invests in the transaction alongside the Investors

Quality tenancies

Target IRR: 10%+

View the Oceana Property Partners portfolio

See portfolio

Fund characteristics

Property Syndications

OPP typically offers close-ended property trusts with 5-7 year hold cycles. This structure closely approximates direct ownership of commercial, industrial, or retail property with a single, pre-defined capital requirement and a defined hold period before returning capital to our investors.

Total Return Focus

OPP targets attractive equity IRRs across our value-add (12%+) strategies. Oceana Funds historic return profile is >14% IRR since 2016.

Regular Distributions

Our property trusts typically targets average annual distributions of 5-8% (depending on risk profile and strategy), and provided regular income by distributing free cashflow on a monthly basis.

Conservative Underwriting

All our investments are made on conservative underwrite assumptions because we value our investors capital and delivering results that match or exceed our forecast returns.