News

Blog Posts

Spooked by rising rates and tariffs, private credit draws investors’ eyes

STOCKHEAD & THE AUSTRALIAN
‘Turbulent’ is how many investors define the month that was.

Locally, the Reserve Bank of Australia (RBA) passed on a rate rise due to stubborn and accelerated inflation, while, globally, Trump surprised with 15 per cent global tariffs, significantly higher than anticipated. Coupled with ongoing geopolitical tensions, persistent market volatility, and uncertain macro conditions, many investors are spooked.

Read More »
geopolitical

The economic recovery continues to unfold as geopolitical issues escalate

The earlier cautious optimism about an economic recovery is translating to confirmation about broader economic strength. While serious uncertainties dominate the global outlook amid elevated geopolitical threats to markets and economic activity, particularly in the Middle East, the domestic drivers of the economy are broadly positive.

A combination of prior interest rate cuts, moderate fiscal stimulus and an increase in commodity prices have helped to spark the more positive tone.

Read More »
rise of private credit

Australia’s real estate obsession fuels the rise of private credit as an income play

STOCKHEAD & THE AUSTRALIAN
Australia’s favourite asset isn’t listed on the ASX. It’s the thing people live in, argue over at auctions, and quietly trust as their financial foundation long after the dinner table conversations have ended.

Today, the residential property market is worth more than $12 trillion – much larger than the size of the Australian sharemarket – with about 55% of household wealth tied up in bricks and mortar.

Read More »
unemployment

A jump in unemployment renews expectations for interest rate cuts

The unemployment rate spiked to a four year high of 4.5 per cent in September, up from 3.4 per cent at the low of the cycle and is now above the RBA’s forecast made in August for a peak of 4.3 per cent. The result rekindled expectations for further interest rate cuts, as soon as its next meeting on 4 November.

Recall that under the revised mandate of the RBA, maintaining full employment sits along side the inflation target as a fundamental objective of the Bank. The key data ahead of the next RBA meeting is the September quarter inflation data which is scheduled for 29 October.

Read More »
private financier

Private financier lends to ultra-luxury project at former Sydney celebrity restaurant site

GREEN STREET NEWS
The project, in one of Sydney’s most affluent suburbs, has attracted interest
from wealthy buyers, with its three-bedroom penthouse selling for $20m last
year. Luxury development like La Strada has proven viable for many developers as
well as private financiers like Zagga. Their higher price points make them more
profitable than other apartment buildings amid elevated construction costs.

Read More »
Invicta House

Dexus rides CBD rebound, as Invicta House shows heritage still pays

STOCKHEAD & THE AUSTRALIAN
While the spotlight is on the building, the real story behind Invicta’s comeback was how it was funded.

Instead of going cap in hand to the big banks, STRE went the private credit route, and that flexibility made all the difference.

“Private credit, and in particular Zagga, provided quite a compelling option for us due to its flexibility and deep understanding of construction finance,” Burrows said.

Read More »
new fund portfolio

Alternative real estate investment manager launches new fund

FINANCIAL STANDARD
Investment manager Zagga has unveiled a new real estate private credit fund that invests directly in quality prime commercial real estate across Australia’s east coast. Zagga chief executive Alan Greenstein reported “strong demand” from investors across the ASEAN region, and the company is “expanding its footprint to make it easier to invest with us,” Greenstein said.

Read More »

Do you have questions about investing through Zagga?​

Fill in your details to schedule a call back at a time that suits you.