About The Firm
Blackoak Capital is an Australian real estate private equity firm.
Blackoak Capital is a value investor in the Australian real estate market. We identify and invest in undervalued property alongside like-minded investors to uncover profits others may either not see or be capable of unlocking.
Our focus is on downside protection and superior management of assets to deliver attractive risk-adjusted investor returns.
We work with exclusive groups of like-minded investors. Our clients are keenly aware of risk and reward and we invest alongside them in partnership, so our interests align. Blackoak is owned and controlled by its management. The Blackoak Directors and their immediate families are the largest single investor across our managed trusts and funds, excluding joint venture partners. The firm has invested circa $613 million across 16 trusts and funds since our inception in 2008.
Blackoak operates as a vertically integrated investment and management team, with a depth and range of experience across all sectors of real estate in both national and international markets. The firm benefits from an accomplished Investment Committee, which provides our executive team with advice on strategic issues and industry and market trends.
Blackoak Capital is regulated by the Australian Securities and Investment Commission and holds an Australian Financial Services License.
Invested and managed to
date by Blackoak Capital
CAPEX delivered or
Who we are
|Tony Crabb||Vice Chairman Investment Committee|
|John Di Pietro||Senior Asset Manager|
|Mathew Fisher||Chief Operating Officer|
|Peter Folland||Trustee Director & Investment Committee Member|
|Ankur Garg||Property Accountant & Lease Admin|
|Tim Mack||Managing Partner - Blackoak Capital Ventures|
|Lin Ma||Financial Accountant|
|John Poynton AO||Chairman Investment Committee|
|Illiona Quek||Chief Financial Officer|
|Drew Scott||Senior Asset Manager|
|Dane Shardlow||Building Manager|
|Aliza Skedgwell||Senior Property Administrator|
|Kheam Teo||Investment Committee Member|
|Chantelle von Gizycki||Personal Assistant & Office Manager|
|Robert Wiese||Director - Asset Management|
|David Zimmermann||Chief Executive Officer|
Objectives and Principles
Blackoak’s objective is to deliver superior risk-adjusted returns to deliver the best value to our investors, partners and employees. We are committed to excellence through our vertically integrated team, which works together in originating, underwriting and managing all aspects of business plans including asset, property and construction management.
We adopt a bottom-up approach to analysing our investments with a focus on preservation of capital and take a hands-on approach to all aspects of our asset management and business plan delivery.
Blackoak is owned and controlled by its management. The team invests alongside our investors to align interests and deliver consistent risk adjusted returns across economic cycles.
Northbridge, Western AustraliaWilliam Square is a Commonwealth Government and State Government tenanted office building located in a gentrifying area with improving amenity. The building underwent c.$62m in refurbishments invested by owner and tenants, turning the once lacklustre building into a Northbridge Landmark. This asset has now been realised.
66 Kings Park Road
West Perth, Western AustraliaThe asset comprises a substantial and prominent five level office building on Kings Park Road in the West Perth office precinct. Blackoak managed a reposition and re-leasing of the asset. This asset has now been realised.
22 Delhi Street
West Perth, Western AustraliaA well located and configured multi tenanted West Perth office building bought from a mortgagee in possession. Blackoak leased up c.65% of the building that became vacant during a market downturn, and used a heritage preservation process to negotiate a plot ratio bonus for development of additional NLA on the rooftop.
1 International Drive
Westmeadows, VictoriaCargo Park is located prominently off the first ramp of the Tullamarine Freeway within the highly sought after Tullamarine business hub. This asset has now been realised.
13 Modal Crescent
Canning Vale, Western AustraliaA unique high quality office, warehouse and distribution building constructed using market leading technology from recycled timber glulam beams. This asset has now been realised.
Blackoak Capital Ventures
Blackoak Capital Ventures – a strategic partnership between Blackoak Capital and Tim Mack’s Arget Ventures – is a new Western Australian property business pursuing opportunities in development and other structured property investments through a “partnership approach”.
Blackoak Capital Ventures seeks projects where we can add value, which might include through:
- solving for complex issues, such as planning or environmental challenges, heritage constraints or other restrictions;
- working through the problems confronting complicated sites, such as those with multiple owners or uses; and
- providing the knowledge, delivery capabilities and flexible financial resources needed by our partners.
By overcoming obstacles and achieving outcomes that satisfy multiple objectives, we work to generate gains for all stakeholders in our projects.