We take a different approach to creating value and managing risk in real estate.
We advise on, develop, transact and invest in real estate – our own, our clients’ and in conjunction with investment partners. We provide creative solutions that maximise value while managing risk and the requirements of key stakeholders.
How we can help you
We provide commercially focused and strategic advisory services.
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We help clients achieve strategically important commercial outcomes from their real estate holdings. From individual properties to the macro-organisational level, clients rely on our experience, deep market knowledge and strong industry relationships to enhance owned property value and minimise lease liabilities
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We critically analyse, manage and execute strategies associated with distressed and challenged real estate assets. We help clients during any stage of an asset’s lifecycle, including partially completed construction projects, vacant or underperforming assets or residual stock, often resulting in a transaction.
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We establish, manage, capitalise and co-invest in real estate investment opportunities through our commercial fund manager, KM Property Funds. Managing circa $330 million of direct property investments around Australia, we optimise investment performance and returns.
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Through KM Develop, we take medium-density, metropolitan residential opportunities right through to project delivery and settlement. Also an active investment partner, we contribute capital to small- and mid-scale joint venture projects with respected developers.
Advisory experience
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Radio Rentals
Given changes in consumer habits, Radio Rentals, a large national consumer leasing business, required the development and implementation of a plan to solvently wind-down the business and an orderly collection of its debtor book.
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Arrium
KordaMentha was appointed over Arrium Australia’s property portfolio of 70 owned and 180 leased properties throughout Australia, valued at approximately $500 million. Historically, management of the portfolio was outsourced, and ownership and tenancy fundamentals were not subject to rigorous review.
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University College
University College is a student accommodation facility for 200 residents. University College had commenced significant capital works to redevelop and increase capacity to 320 residents. During construction, several unexpected challenges were encountered, and the project eventually stalled with the builder and University College in dispute.
Investment experience
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Libertine
The 1,227 sq.m site was a former strata retail development comprising six allotments with a town planning permit for 20 apartments over four levels. Having failed to sell both ‘off-market’ and at auction, we subsequently negotiated to buy the site.
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Laverton North Property Fund
The property was located in Laverton North, approximately 16km west of the Melbourne CBD and comprised five contiguous titles with a gross lettable area of circa 14,750sq.m on land of circa 3ha.
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Rise Projects
KordaMentha and Rise Projects entered a joint venture arrangement in 2017 to develop multiple small- to mid-scale townhouse developments in Western Sydney. Developments focused on product with an affordable price point, in areas of demand and with limited time exposure to market.
