JINDING’S fund management division has launched its own entity targeting Asia Pacific investors for Australian real estate, in Ladon Capital.
Launching as an independent alternative funds manager, Ladon Capital, has offices in Melbourne and the Marina Bay Financial Centre in Singapore, having raised more than $340 million in capital for Jinding’s residential developments in Australia since being established in 2018.
The new business will now continue to invest in Jinding’s $2 billion pipeline, while also teaming up with other developers to raise capital for their projects.
Ladon Capital has raised $385 million The Patch development at Wollert, $274 million Harriott development at Armstrong Creek and the recently completed $127 million Octave development at Junction Village.
“We see significant opportunity to grow the business by diversifying our investments across various development projects and real estate sub-sectors,” said Deep Kotak, managing director at Ladon Capital.
“Given continued record migration, our investment strategy remains unchanged, which is to fund high-quality residential developments to meet the soaring demand for housing in Australia”
Kotak noted the strong foundation the business has already established in Australia and is building in Singapore.
Ladon Capital will now work to expand its investor base, including high-net worth individuals, family offices and institutional investors across the Asia Pacific region, who have a strong interest in Australian real estate.
“This strategy has proved to be very attractive for our existing clients and we want to provide Asia Pacific investors with access to these opportunities,” added Kotak.
Ladon Capital is also planning to rapidly expand both its Melbourne and Singapore teams over the next year.
