AsheMorgan is an Australian based private equity real estate firm established in 1981. AsheMorgan currently manages in excess of A$4.0bn in commercial real estate investments. Focused on office, retail, industrial and mixed-use assets in Sydney, Melbourne and Brisbane, across Core+, value-add, credit and opportunistic strategies.
AsheMorgan has coverage and expertise across all commercial real estate sectors, with offices in Sydney, Melbourne & Brisbane. Proven expertise across the entire capital structure provides an intrinsic understanding of value and risk.
AsheMorgan has a track record of delivering outperformance for real estate investors with an average IRR of >26% in the last 10 years and no IRR below 18% in that timeframe.
AsheMorgan is proud to announce that Midtown Centre, Brisbane has been awarded by the Property Council of Australia the 2023 QLD Development of the Year Award. Midtown Centre sets a new benchmark in commercial development across architecture, sustainability, innovative design, and construction through merging of two adjoining buildings nearing the end of their economic lives in the Brisbane CBD. An exemplar project of how to repurpose existing underutilised assets into an innovative and contemporary workplace.
AsheMorgan, along with our investment partner Blackrock, is pleased to announce the sale of Crossroads Homemaker Centre, on behalf of our investors. Crossroads was an outstanding investment providing robust and resilient income returns through the pandemic to our investors and provided the opportunity to work with many of the nations leading large format retailers (LFR), as we took Crossroads to the 5th largest LFR Centre in Australia. The recent sale was the 2nd largest LFR transaction on record in Australia.