Macquarie Real Estate Partners announces investment in IDA, a specialist real estate private credit and investment manager
Sydney, 18 December 2024
Macquarie Real Estate Partners (MREP), a real estate fund managed by Macquarie Asset Management’s Real Estate division (MAM), announced it has invested in IDA, a leading Australian specialist real estate private credit and investment manager.
The investment by MREP will provide additional funding to support the continued growth of IDA’s specialist real estate private credit and investment management platform. IDA remains focused on seeking to deliver attractive risk-adjusted returns for its client base across Private Credit, High Yield and Land Syndication & Community Creation investment strategies, leveraging the growing demand for Australian real estate development financing which is underpinned by a structural undersupply of housing and reduc...