Alceon Qld was initially established as Harvest Property and commenced trading as of 1 May 2008. Harvest Property was created as a boutique property syndication and investment management business, established to enable the founding partners to invest in the property asset classes that each had worked on for the prior 16 years. The syndication model allowed other investors and industry experts to also participate in these investments, establishing a diverse investor base and a management platform that drew from the experience of that investor base.
Initially focused on SEQ, Harvest primarily targeted value add assets that met specific Investment criteria. After several successful acquisitions, it was quickly identified that the business was going to need a longer-term Investment Partner and in September 2011, Harvest completed its first acquisition in Joint Venture with Sydney based, Private Equity Real Estate Group, Alceon. After several subsequent acquisitions with Alceon, it was determined that the best way forward was to formally merge the Qld Operations and Alceon Qld was formed in December 2012.
Today Alceon Qld continues to operate as a 50/50 Joint Venture between Founding Director, Todd Pepper, and Sydney based Alceon Group. Since inception, the Joint Venture has undertaken 59 Direct property acquisitions worth in excess of $695M, financed $541M in preference equity across 87 separate property deals, and raised in excess of $820M in equity. Alceon Qld also founded the Gateway Lifestyle manufactured home park Business in Dec 2009 which culminated in a successful IPO in June 2015 with an enterprise value of $541.2M and was succesfully onsold and de-listed for $685M in 2018.
The group continues to not only look for and acquire stand-alone property assets that have the ability to provide superior risk-adjusted returns but provide partnership capital to some of Qld’s leading development partners across nearly all property sectors.
Company Details
- Employees
- 7
- Address
- 145 Eagle St, Level 10,australia
- Industry
- Investment Banking
- NAICS
-
Investment Banking and Securities Dealing
- Website
- http://www.alceon.com.au
- Keywords
- Investments, Capital, Advisory, Property Investments, Commercial Real Estate, Debt Origination.
- HQ
- Brisbane CBD, Queensland
Alceon Qld Questions
Alceon Qld's website is http://www.alceon.com.au
Alceon Qld's LinkedIn profile is https://au.linkedin.com/company/alceonqld
Alceon Qld has
7 employees.
View email and phone details for 7
employees at Alceon Qld.
Alceon Qld's industry is
Investment Banking
Alceon Qld's top competitors are
Interfinancial - Clairfield Australia,
Catapult Partners Pty Limited,
Mckellar Partners,
Argyle Group,
Altor Capital,
Tca Partners,
Allston Capital,
Opd Developers,
Sammut Group,
Alceon.
Alceon Qld's categories are Investment Banking
