Investment Strategy

RCL is a long term participant in the residential land development sector. RCL’s vision is to maximise securityholder's wealth through diversified investments in a portfolio of quality residential land projects which are developed by a range of leading private developers from Australia and New Zealand. 

RCL seeks to achieve this position by:

• Effectively managing the portfolio through the successful, timely and efficient re-zoning, construction, development and sale of each Residential Land Project.
• Growing its portfolio utilising its existing strong pipeline of opportunities from its Development Partners and by identifying new investment opportunities.
• Working efficiently with its Development Partners and building relationships with other developer partners.

RCL will review and evaluate all investment opportunities in accordance with its investment criteria which can be summarised as follows:

• Maintain exposure to a geographically diversified portfolio of Residential Land Projects at all times;
• Consider investments for the foreseeable future in Australia and New Zealand and, if appropriate in due course, in other overseas residential property markets;
• Maintain the target average annualised pre-tax return of 15% after fees and expenses for each new investment;
  Only invest in or around government defined growth corridors, Infill Sites, or areas possessing long term growth potential;
• Ensure that Residential Land Projects are managed (at the project level) by an experienced Development Partner;
• Ensure that its portfolio comprises a prudent mix of residentially zoned and unzoned land; and
• Have all Residential Land Projects valued by a qualified independent valuer prior to an investment being made.