Real Estate

We back real estate with real-world smarts, sharp execution and personal commitment.

Invest in opportunity. Built on structure, backed by experience.

At Alceon, real estate is more than a portfolio position — it’s a space we know deeply and invest in personally. With decades of experience across equity, debt and hybrid structures, our real estate platform offers investors a co-investment and disciplined access to a sector that demands both agility and rigour.

We seek out compelling, risk-adjusted real estate opportunities — delivering income and growth through active structuring and deep due diligence. Our real estate investment strategies are designed for investors who value access, alignment and clarity.

What sets us apart

Partnership

End-to-end partnership: strategy, execution and communication

Access

Access to opportunities not available on the open market

Institutional Grade

An institutional-grade team with boutique responsiveness

Assets Under Management

A$4.7 billion* in current managed real estate investments

*As of 2 February 2026

Why investors choose Alceon Real Estate

Attractive and consistent investment returns

Consistent and competitive performance track record

A high-quality diversified real estate portfolio

Managed by experts in mid-market debt and real estate investing

Our funds

Alceon offers a range of investment opportunities through asset-specific closed-end vehicles and open-ended funds for high-net-worth investors, private wealth firms, family offices and institutions across multiple asset classes.

A hybrid portfolio offering exposure to both listed and unlisted property and infrastructure.

  • Targeting regular income and capital growth
  • Benchmark: 50% A-REITs & Listed Infrastructure / 50% Unlisted Property & Infrastructure
  • Active asset allocation and risk management
  • Low volatility correlation to traditional asset classes and weekly liquidity
Explore the AAPF in more detail

A conservative real estate debt fund focused on regular, reliable income.

  • Targets monthly income distributions
  • Diversified portfolio of 100% senior secured first mortgages
  • Emphasis on capital preservation and risk control
Explore the ADIF in more detail

A conservative debt fund delivering steady income and robust downside protection.

  • Targets quarterly income distributions
  • Risk-adjusted absolute returns through a diversified portfolio of predominantly senior secured first mortgages, with capacity to allocate up to 30% in second-ranking positions
  • Emphasis on capital preservation and risk control
Please contact us for more information

Looking for the deal partner view?

See how we shape capital partnerships for real estate funding for developers and asset owners.

Let's start the conversation.

Whether you're comparing funds, exploring a co-investment or simply looking to understand our approach, we're happy to share our thinking.