Billionaire Alex Waislitz considers launching a listed property fund

Billionaire Alex Waislitz considers launching a listed property fund
Billionaire Alex Waislitz considers launching a listed property fund

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.

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