OPP is delighted to be working alongside Haben, a market leading retail property asset manager and investor, as a capital partner for a new landmark Sydney metro transaction. Details to follow soon.
Since inception, Haben have acquired and managed circa $2 billion in retail property investments across Australia delivering an average IRR of 24.1% to their investors for exited funds. OPP shares many of Haben’s principals and sustained objectives, most notably in delivering superior risk adjusted returns to investors as evidenced by their multibillion-dollar track record. Haben benefits from 100 FTE at both the Head Office and retail asset level, taking an active and direct approach to asset management.
OPP is proud to have partnered with Precept Property on our first four transactions. Precept is an investment and asset management firm that prides itself on its identification and redevelopment strategies across four key sectors: office, industrial, retail and residential. With a fundamentals approach combined with research-led thematic overlays, Precept focuses on the income-producing characteristics of real estate and overlays key market themes and capital-effective active management strategies to deliver best-of-breed returns to its investors.
With backgrounds in some of the top property funds in the country, Precept’s direct property team has demonstrated expertise in core, core-plus, and value-add strategies in all major markets throughout Australia. The team has completed in excess of $6 billion of property transactions throughout their careers.