Here are the latest publicly available updates about Labassa Capital I could verify recently:
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Labassa Capital Credit Fund Update (May 2025): The fund reported a 12-month rolling investor return of 10.53% per year net of fees as of May 2025, with a portfolio loan-to-value ratio (LVR) around 67.3% in May and a portfolio largely performing with monthly interest servicing on 96.1% of loans. Key assets cited include residual stock from Sydney land subdivisions, a Brisbane residential subdivision site with DA, and an apartment development site in Sydney. The May pipeline value was $2.1 billion across 59 projects, with due diligence on two industrial projects in Sydney and Brisbane planned for June. This is a snapshot from Labassa’s own update materials [Labassa Capital Credit Fund Update May 2025].
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November 2024 update: Labassa published a post noting a 12-month rolling investor return of 10.61% net of fees as of November 2024 and extended season’s greetings to investors, indicating continued performance into 2025 [Labassa Capital Credit Fund Update November 2024].
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February 2026 performance note: A Labassa LinkedIn post reported a 10.30% p.a. return net of fees on a 12-month rolling basis for February 2026, with a conservative LVR around 50%. The update also mentions ongoing due diligence on two industrial projects expected to settle in March–April 2026 and notes that macro tensions (Middle East energy pricing, inflation expectations) have limited direct impact on Australian property markets. This suggests continued fundraising and deployment activity in early 2026 [Labassa Fund Delivers 10.30% Return, Eyes Industrial Projects].
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Other public signals: Labassa’s LinkedIn presence in 2025 highlights a $12.6 million Senior Pre-Development Land Facility in Sydney’s Lower North Shore to support a mixed-use building with development potential, indicating active project financing and development exposure [Labassa Capital LinkedIn updates]. There are also mentions of equity commitments to a Victoria residential subdivision (approx. 600+ allotments), suggesting ongoing portfolio expansion through equity investments [Labassa Capital LinkedIn posts].
Notes and caveats:
- Labassa Capital operates in private credit/real estate development lending, and much of its communications are via fund updates and LinkedIn posts intended for wholesale investors and partners. If you need formal performance disclosures, consider reviewing the fund update PDFs or contacting Labassa directly for the latest annual/quarterly reports and PDS/docs.
- The sources above include Labassa’s own updates and LinkedIn posts, which provide insight into recent performance and deal flow but are not the same as independent third-party analyst reports. Independent assessments (e.g., Morningstar pages or industry publications) are available but may not reflect the most current month.
Would you like links to the specific Labassa updates or a quick, side-by-side table of reported returns by date? I can compile that with dates, returns, and notable portfolio notes. [Labassa Capital Credit Fund Update May 2025][Labassa Capital Credit Fund Update November 2024][Labassa Fund Delivers 10.30% Return, Eyes Industrial Projects]