On Thursday, 20 November, Pallas Capital, together with CORE Property Advisory, hosted Navigating Tomorrow, an evening of wine tasting and property market insights that brought together industry leaders and wealth advisers. Guests enjoyed a curated cheese and wine experience, followed by insightful presentations exploring trends and shifts shaping the Australian property landscape in the year ahead.
The event began with a presentation from Sameer Chopra, Head of Research at CBRE, who provided an economic overview, highlighting Australia’s status as the second richest country in the world with an AAA credit rating. He noted the consistent growth at the top end of the property market, which has been rising by 7–8% annually, and shared his view that negative gearing may soon be phased out.
Pallas Capital’s Chief Investment Officer, Dan Gallen, and Senior Distribution Partner – Wealth, Reuban Sivarajasingam, focused on opportunities in the commercial real estate debt market. Dan highlighted how Pallas has carved out a niche in the mid-market segment, with an average loan size of $7.8 million on a 15-month term. This short loan duration allows for regular market revaluation, ensuring a constantly optimised portfolio.
Half of Pallas Capital’s loan book is dedicated to construction lending, an area that often raises concerns but is well-managed through our specialised 20-person strong credit team and diverse builder network. As Dan Gallen aptly stated, “Commercial real estate debt should perform like a Swiss clock in your portfolio,” underscoring the precision and discipline that defines Pallas Capital’s approach.
Reuban elaborated on how the Pallas Senior Income Fund is uniquely designed for the wealth advisor market, offering monthly liquidity, asset-backed income, and significant downside protection. This fund provides a stable solution for wealth advisers seeking opportunities for clients. The session garnered excellent engagement, with guests asking insightful questions about how commercial real estate fits into a diversified portfolio. This dialogue underscored the growing recognition of the sector as a strategic asset class.
Jason Isherwood, Managing Director of CORE Property Advisory, shared his strategic approach to residential property investment. CORE’s eight-step framework has guided buyers for years, offering a structured path from strategy development to portfolio management. He emphasised the importance of aligning property acquisitions with long-term financial goals, rather than simply accumulating assets.
The evening offered a unique opportunity for wealth advisers to gain valuable insights into navigating the evolving property market. Thank you to our guests for joining us.
Cheese and wine pairings from the evening included:
- Buche d’Affinois paired with a NV Bollinger ‘Special Cuvée’, Ay, Champagne, FR
- Gorgonzola Dolce paired with a 2022 Dr. Thanisch ‘Kabinett’, Mosel, DE
- 18-month Comté paired with a 2021 Domaine Collotte ‘Les Grasses Têtes’, Marsannay, Burgubdy, FR
For more information about how our range of investment opportunities may align with your client’s portfolio requirements, please email wealth@pallascapital.com.au
