Wednesday, 14 October 2026

Corval forms strategic partnership with Scarcity Partners

Corval Partners (Corval) announces that an entity associated with Andrew Roberts has sold a 30% interest in the business to Australian specialist investment manager Scarcity Partners (Scarcity), as part of its strategic plans to accelerate growth. Mr Roberts’ entities will continue to hold a substantial interest in the business after the transaction, and Mr Roberts remains strongly supportive of the business and the introduction of Scarcity as a strategic shareholder.

The partnership is designed to strengthen Corval’s position as a scalable, specialist property fund manager, building on its established investment capabilities, strong standing in the Australian market and deep relationships with its investors.

The transaction with Scarcity strengthens and expands Corval’s share register, while maintaining alignment with existing shareholders.

Corval co-founder and Chief Executive Officer, Rob Rayner, said the introduction of Scarcity as an equity partner would enhance its ability to execute a multi-track investor strategy across wealth, institutions and offshore channels.

“This is about bringing in a partner that offers more than just capital,” Mr Rayner said. “It supports our long-term vision as a specialist property investor and fund manager with a strong and disciplined investor-first focus, while preserving Corval’s entrepreneurial culture and long-term industry relationships.

“Importantly, we believe the expanded capacity this partnership brings will help drive talent attraction and retention as well as providing our team with broader career development opportunities.

“The executive team of Scarcity are high quality, and over their respective journeys to date, have a proven track record of successfully growing investment management platforms. Whilst in many ways it will be business as usual for the Corval team, we now have the added benefit of a strong and aligned equity owner to further grow our business.”

Scarcity founder and Managing Partner, Adrian Whittingham, said: “Corval has an enviable track record in direct property, led by high-calibre founders with a clear and consistent focus on delivering strong investor outcomes. The creation and scaling of a high-quality platform is a testament to the leadership of Rob, Kerr and Andrew.”

Corval will work closely with Scarcity on long-term growth initiatives, including product development, channel expansion and talent alignment, while maintaining its disciplined approach to capital management and focus on delivering strong outcomes for investors.

The partnership comes at a time of evolving market conditions in the unlisted property sector, positioning Corval to capture market share through its continued strong performance, research ratings and differentiated offering.

Read the full Media Release 

Thursday, 6 August 2026

In the latest edition of Corval Conversations, Fund Manager Eddie Underwood shares his insights into two of Australia’s fastest-evolving living-sector investment themes: land lease communities and boutique retirement living.

Eddie discusses what is driving demand, how the sector is evolving, and where he sees the greatest opportunities over the next decade.

From the growing appeal of land lease communities as an income-producing asset class to the future of vertical land lease, mortgage lending and premium retirement living, Eddie explores the structural trends shaping the sector and the investment opportunities emerging as Australia’s population ages. He also shares his perspective on Corval’s partnership with Kado Group and the increasing importance of quality, wellness and community in retirement living.

Read the full conversation to learn more about the evolution of the living sector, the future of land lease communities and the long-term opportunities Corval is seeing in this growing asset class

Tuesday 28 July 2026

This NAIDOC Week, Corval proudly celebrated the rich cultures, histories and achievements of Aboriginal and Torres Strait Islander peoples through three meaningful initiatives held across our portfolio.

1. APY Art Center Collective

54 Waterloo Road, MACQUARIE PARK NSW & 1 Como Street, MALVERN VIC

In partnership with the APY Art Centre Collective (APYACC), we welcomed tenants, clients and partners to experiences that celebrated First Nations art, culture and storytelling. APYACC is a collective of First Nations-owned and governed art centres representing more than 600 artists across the APY Lands, with a mission to create culturally affirming employment opportunities, strengthen communities and support independent income through art. The Artworks showcased at both locations are part of the curated exhibition ‘50 Years Deadly’.

2. Traditional Smoking Ceremony

 Brisbane Technology Park, QLD

Corval was proud to host a traditional Aboriginal Smoking Ceremony at our properties in the Brisbane Technology Park precinct. Led by Indigenous cultural representatives, the ceremony provided an opportunity for tenants, partners and staff to come together in recognition of the enduring cultures, traditions and connection to Country of Aboriginal and Torres Strait Islander peoples. The ceremony fostered a shared moment of reflection, respect and community, reinforcing Corval’s commitment to creating inclusive spaces that celebrate Australia’s rich First Nations heritage.

3. Indigenous Dance Performance

26 and 28 Honeysuckle Drive, NEWCASTLE NSW

To celebrate NAIDOC Week alongside our tenants and valued partners at 60 King Street, Newcastle. Hosted in collaboration with Knight Frank, the event featured a traditional cultural dance performance that brought the community together to recognise and celebrate the rich history, culture and achievements of Aboriginal and Torres Strait Islander peoples.

Wednesday 15 July 2026

We are proud to announce that the Corval Property Fund has once again been recognised as Unlisted Real Assets Fund of the Year at the 38th Annual Fund Manager of the Year Awards.

Winning this award for a second consecutive year is an outstanding achievement and reflects the strength of our disciplined investment approach, the quality of our portfolio, and our unwavering focus on delivering long-term value for investors.

This recognition is a testament to the expertise, dedication and hard work of the entire Corval team. It also reinforces our belief that a focused, active investment strategy and deep understanding of the markets in which we invest can continue to deliver strong outcomes, even in evolving market conditions.

“To receive this recognition for a second consecutive year is incredibly rewarding. It reflects the consistency of our investment philosophy, the commitment of our team, and the trust our investors place in us.”

— Sanjeev Sahota, Fund Manager, Corval Property Fund

Thursday 29 January 

In the latest edition of Corval Conversations, Senior Fund Manager, Michael Hua shares his perspective on how sustainability is evolving from a “nice-to-have” to a commercial imperative across the property sector.

Drawing on more than a decade at Corval, Michael discusses the increasing importance of resilience, asset recycling, electrification and tenant engagement, and why sustainability is becoming increasingly intertwined with long-term investment performance.

The conversation also explores practical examples from across the Corval portfolio, key insights from the Energy Efficiency Council National Conference, and how collaboration between landlords and occupiers will shape the future of commercial property.

Corval Conversations provides direct access to the people, perspectives and expertise that underpin our investment and asset management approach.

Read the full conversation here 

Tuesday 2 June 2026

Corval expands Industrial Infill Trust 2 with Brisbane acquisition

Corval has acquired a multi-tenanted industrial estate in Acacia Ridge, Queensland, alongside long-term Japanese capital partner Kanden Realty & Development Co. Ltd (KRD), further expanding the Industrial Infill Trust 2 portfolio.

The acquisition comprises four industrial buildings on a 32,350 sqm site with approximately 18,627 sqm of lettable area and is fully leased across a diversified tenant profile.

Located approximately 12 kilometres south of the Brisbane CBD, the property is positioned within one of South East Queensland’s most established industrial precincts and offers strong access to major transport networks.
The acquisition represents the fifth asset within Industrial Infill Trust 2, which now spans New South Wales, South Australia, Western Australia and Queensland.

Corval Senior Industrial Fund Manager Michael Hua said the acquisition reflected continued conviction in Australia’s urban infill industrial sector.

“This acquisition represents another strong addition to the Industrial Infill Trust 2 portfolio and reflects our continued conviction in Australia’s urban infill industrial sector,” Mr Hua said.

“Acacia Ridge is one of Brisbane’s most strategically important industrial precincts, underpinned by strong transport connectivity, constrained supply and ongoing occupier demand.”

Corval is also progressing a sixth acquisition, currently in due diligence, which is expected to increase total Trust 2 assets to approximately $130 million. The Trust remains open to new wholesale investors as part of the ongoing capital raising process.

The acquisition is expected to settle in coming months, subject to customary conditions.

Wednesday 13 May 2026

Corval has sold Workzone East to Castlerock for $79.388 million, with settlement expected in June 2026.

Corval acquired the A-grade office asset in January 2017 and has since undertaken a significant repositioning strategy focused on enhancing tenancy quality, sustainability performance and long-term asset value.

During Corval’s ownership, the building was transitioned from four separate tenants to a long-term lease with the Western Australian Government through to 2031, strengthening the asset’s income profile and covenant quality. At the time of sale, the property was fully leased to WA Government tenants including the Mental Health Commission WA and the Department of Primary Industry and Regional Development, with a weighted average lease expiry (WALE) by income of approximately six years.

Corval also implemented a range of sustainability initiatives throughout its ownership, including increasing the building’s NABERS Base Building Energy rating from 4.5 Stars to 6 Stars and achieving carbon neutral status.

Corval Chief Investment Officer Oliver Picone said the sale reflects the successful execution of Corval’s active asset management strategy.

“Since acquiring Workzone East, our focus has been on improving the quality, resilience and long-term value of the asset,” Mr Picone said. “This included strengthening the tenant profile, extending income security and materially enhancing the building’s sustainability credentials.”

The property was sold exclusively off-market by Cushman & Wakefield on behalf of Corval.

Additional PR: 

WA’s first carbon neutral building sells for $79.4 million in one of year’s bigger sales

Biggest CBD property deal in three years

Thursday 29 January 

We’re pleased to introduce Corval Conversations – a new series designed to provide direct access to the people, perspectives and insights shaping our investment approach.

In our first instalment, we sit down with Chief Investment Officer, Oliver Picone, to discuss the current real estate landscape, how Corval is positioning portfolios in a shifting market environment, and where the team is identifying the most compelling opportunities. Oliver also shares his views on key sector trends, capital allocation decisions, and the disciplined investment philosophy that underpins Corval’s track record.

Corval Conversations offers a behind-the-scenes look at how our team thinks about markets, risk and value creation – reinforcing our commitment to transparency and keeping investors informed.

Read the full conversation here 

Thursday 9 April

Corval Property Fund Retains “Highly Recommended” Rating from Lonsec for Second Consecutive Year

We are pleased to share that the Corval Property Fund has retained its “Highly Recommended” rating from Lonsec Research for the second year in a row.

This continued recognition reflects the consistency of the Fund’s performance and the strength of its underlying strategy.

The original upgrade to Lonsec’s highest rating recognised a number of core strengths, including a clear and disciplined investment approach, a high-quality and diversified portfolio, and robust risk management processes. Maintaining this rating reinforces our ability to deliver against these fundamentals over time.

The Corval Property Fund continues to provide investors with access to a diversified portfolio of Australian real estate, underpinned by an active management approach and a focus on long-term, risk-adjusted returns.

We see this outcome as a reflection of our team, our discipline, and our commitment to delivering consistent outcomes for investors.

Click here for a copy of the Lonsec Report.

About Lonsec Ratings:
A “Highly Recommended” rating is the highest designation awarded by Lonsec. It indicates a product that is considered a superior investment option within its asset class, with strong potential to outperform over the medium to long term. Click here for important information about this rating: https://www.lonsec.com.au/logo-disclosure/

Thursday 29 January 

“Corval has a nimble approach and we believe we can find pockets of value in any market by focusing on both macro factors and the micro drivers of value relevant to specific property opportunities.”

In the latest edition of The Company We Keep by Vector Advisors, our Chief Operating Officer, Kerr Bray, shares insights from more than three decades across financial services, property and funds management in Australia and Europe.

Kerr reflects on leadership, disciplined capital allocation and why a risk-first approach underpins decision-making across property cycles. He also discusses the macro signals shaping today’s market, and how Corval continues to identify opportunity through a balance of big-picture thinking and deep, asset-level understanding.

Read the full conversation here