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NeighbourhoodCapital
Aerial view of a regional Australian hotel freehold with wrap-around verandah and beer garden

Portfolio

What we invest in.

Our portfolio is built venue by venue. Rather than present illustrative assets, this page sets out the categories of investment we pursue and the criteria applied to each. Holdings are published as investments complete.

  • Eastern seaboard
  • Real assets

Current holdings

We would rather show you nothing than show you something illustrative.

No holdings are presented on this page. When investments complete and disclosure is approved, each asset will appear here with its location, structure, strategy and operator. Until then, the categories below describe what we are actively pursuing.

Assets under management

Available on request

Portfolio value

Available on request

Holdings register

Asset name, location, strategy, structure, operator and status.

Data available as portfolio develops.

Investment categories

Four ways we take exposure.

The category determines where risk sits — in the operating business, in the real estate, or shared with a partner.
Aerial view of a regional Australian hotel freehold with wrap-around verandah and beer garden

Freehold Going Concern

Ownership of both the operating business and the underlying real estate, allowing operating improvement and property value to be managed together.

  • Operating business
  • Underlying land and building
  • Licence and gaming entitlements where applicable
Coastal Australian hotel property exterior with deep green awnings

Hospitality Real Estate

Property-led ownership where the asset is leased to a quality operator, including the group operating platform or a selected third party.

  • Leased freehold
  • Sale-and-leaseback
  • Rent coverage and lease structure focus
Empty public bar interior with polished timber bar and brass taps before opening

Operating Businesses

Investment in the hospitality business itself, including quality leaseholds, where operating capability is the primary driver of value.

  • Quality leasehold
  • Management and systems uplift
  • Operating performance focus
Empty pub beer garden courtyard with timber tables and an established fig tree at dawn

Strategic Partnerships

Structured investments alongside existing operators, where capital supports acquisition, expansion or recapitalisation without a full change of control.

  • Joint venture
  • Preferred or minority equity
  • Operator retains meaningful ownership

Images are representative of the asset types described and do not depict current or past holdings.

Acquisition criteria

What has to be true before we proceed.

Geography
Queensland, New South Wales and Victoria, with other markets considered
Venue types
Hotels, pubs, community venues and mixed-use hospitality assets
Ownership
Freehold going concern, property-led, quality leasehold or structured partnership
Position
Defensible catchment with recurring local demand
Condition
Assets where capital and capability can make a measurable difference

Portfolio data

Reporting that populates as the portfolio develops.

These modules are built and ready. They will fill with real data rather than projections.

Geographic exposure

Investment focus across the eastern seaboard, with consideration of other Australian markets where asset quality and operator capability support it.

  • QLDQueenslandCore focus
  • NSWNew South WalesCore focus
  • VICVictoriaCore focus
  • SASouth AustraliaConsidered
  • WAWestern AustraliaConsidered
  • TASTasmaniaConsidered

Portfolio map

A geographic view of holdings by state, catchment and venue type.

Data available as portfolio develops.

Portfolio map

Geographic distribution by state and catchment

Data available as portfolio develops.

Asset allocation

Exposure by strategy and ownership structure

Data available as portfolio develops.

Venue types

Hotels, pubs, leaseholds and mixed-use assets

Data available as portfolio develops.

Acquisition pipeline

Screened, underwritten and committed activity

Data available as portfolio develops.

Strategy descriptions describe intended investment activity. They do not constitute an offer of a financial product and no return, income or performance outcome is implied or guaranteed.

Portfolio enquiry

Request portfolio information.

Detailed asset and portfolio information is provided to eligible wholesale and sophisticated investors on request, subject to confidentiality.

Investor EnquiryOperator Partnerships

General enquiries: enquiries@neighbourhood.capital

Australian Hospitality · Private Markets · Real Assets