Realside Maddington SC Fund
2024
Retail
Active
A strong trading centre on 13 ha with substantial scope for further development.
Acquired substantially below replacement cost.
The land component was undervalued and between exchange and settlement, Realside secured a valuation uplift on purchase price of $107m to $118.5m.
Surplus vacant land component (3 Ha) held on separate titles with favourable zoning with capacity to accommodate up to 1000 residential units.
Strategy on value add to retail centre through addition of retailers and unlocking of opportunity across vacant land. The Centre generates an annual turnover of $208m.
Realside applies a disciplined, research-led approach to acquiring high-quality commercial assets with strong fundamentals. Leveraging deep sector knowledge and long-standing relationships, the team identifies opportunities with clear value-add potential.
The firm invests selectively, only pursuing assets where there is strong conviction in execution. Active asset management and well-timed decisions underpin Realside’s strategy to deliver superior investor outcomes while mitigating risk.
Realside prioritises investor outcomes through value creation, alignment, and transparency—delivering returns via both capital growth and stable income.
If you have any questions or would like to speak to one of our team please contact us.
