Brick by Brick – A Structured Approach to Private Credit Investing

The Australian private real estate credit market has quietly grown into a A$200bn plus sector – expanding six-fold since 2016. What was once a niche corner of finance is now reshaping the capital stack: structured loans are stepping in where banks won’t tread, offering higher yields and bespoke solutions to complex deals, enabling developers to better manage for market risk and volatility.

Our latest paper, Brick by Brick, explores how structured private credit is becoming the true engine room of real estate finance. We outline:
– Why Australia now accounts for over 35% of APAC’s private real estate credit market
– How concentration risk in traditional core lending makes diversification essential
– The rise of structured credit as a more resilient, risk-adjusted strategy in a volatile world

The message is clear: yield alone is no longer enough. Against a backdrop of rising global geopolitical volatility, investors are seeking greater downside protection and liquidity resilience – and structured private credit delivers.

Australia is leading this evolution, with private lenders bridging the gaps left by banks and enabling projects that would otherwise stall. For investors, this is not just about returns; it’s about defensiveness, adaptability, and capturing opportunities in complexity.

To read the paper in full click here.