BlueMount Capital has been appointed by Project Property Fund for its US$500m capital raise
Project Property Fund is an experienced US real estate fund manager / investor with roots dating back to the 1980s and presently managing US$3 billion in assets. Project Property Fund is presently focused on high quality, super senior assets in US gateway markets at cyclical bottoms.
The strategy captures super senior, predictable, unlevered, triple-net income streams sitting ahead of all capex, opex, and debt. This income is contractually linked to inflation, creating a powerful compounding effect.
The Fund has already invested in real estate of over US$2.5B in value and current assets under management are over US$1.2B. Project Property Fund’s strategies include generating relatively safe, stable and growing returns, mainly from real estate royalties (ground leases) on multifamily properties, lease finance (specialized direct lease payments from high quality, corporate tenants) and opportunistic structured investments (e.g. rezoning underutilized sites into modern, high density, high-value mixed use, multifamily and retail assets, unlocking upside), etc.
For more information, please contact Flora Mok.