Billionaire Alex Waislitz considers launching a listed property fund
Staff reporterDecember 7, 2020
The billionaire investor Alex Waislitz in considering launching a listed property fund.
It ill be modelled on his investment companies Thorney Opportunities and Thorney Technologies.
Waislitz, who has made his fortune from investing in ASX-listed small and mid cap companies, has shifted his focus to property over the past few years.
His private Thorney investment group has lent about $20 million to property developers with plans to lend more than $100 million, potentially through a new listed investment company or an unlisted fund revealed to the Australian Financial Review.
Thorney has also partnered in about $1 billion worth of property syndications deals across commercial, residential and industrial deals in the past five years.