Blog

How to find the right consultant

By Matthew Lewison When my business partners and I first discussed forming OpenCorp, I was working in the role of general manager (Qld) for a large publicly listed company. I was managing a team responsible for more than $1 billion worth of property developments and it was fair to say I had the best consultants,…

Citro West End Development

Source: The West End Magazine OpenCorp, a Melbourne-based property investment firm and fund manager, is making waves with its unusual way of sourcing funding for a new development in Albion and a new apartment complex in our very own West End. The West End development, named Citro, will be home to 106 apartments and an…

Is investing your New Year’s resolution?

Source: Your Investment Property By Phil McCarroll It may be somewhat cliché, but the New Year period can serve as the perfect motivator for those looking to start their property investment journey. While giving up smoking, taking up exercising or travelling more might seem like the more typical New Year’s resolutions, there’s no reason investing…

What kind of property should I invest in?

By Cam McLellan As the new year is upon us, and most of you are probably thinking, if you’re not already – 2016 is the year to kick start your investment plan. So what kind of property should you invest in, be they cash flow properties or growth properties. I’ve never bought into the old…

OpenCorp. crowd-funds developments in Albion and West End

Source: The Weekend Edition Two new residential projects are slated for development in Albion and West End, with funds for development sites being partially sourced by crowd-sourcing methods. OpenCorp. is a Melbourne-based property investment firm and fund manager, which has recently purchased a new development site in Albion and commenced construction on a new apartment…

Property developers follow Sydney buyers to Brisbane

Source: Financial Review Apartment developers from Sydney and Melbourne are heading to Queensland following buyers who have been priced out of the southern cities and want to capture value in Brisbane and the Gold Coast. Half a dozen developers have purchased more than $100 million worth of development sites in the last few months with close to…

Assessing development viability

By Matthew Lewison Many investors starting out on their journey look at potential returns on an “absolute value” basis. This means they consider how much profit they will make, often assessing a project margin as a percentage of costs and they decide whether to invest or not. While this isn’t necessarily a bad thing, as…