ESG matters in private credit - read below for an ESG case study on one of our loans in the portfolio.

⚫ What?

A first mortgage loan secured against a portfolio of recently completed Specialist Disability Accommodation (SDA) assets in Queensland.

⚫ How?

These assets, completed approximately 3-6 months before Woodbridge's involvement, were 85% leased at the time. However, they still needed to establish enough operating history to qualify for traditional bank financing.

To bridge this gap, Woodbridge offered a conservatively leveraged investment facility.

Our facility is easily covered by the strong net income generated by the asset portfolio, which is backed by the Government's NDIS scheme. During our due diligence process, we confirmed that these properties were best-in-class, with features that are highly attractive to potential tenants. These include large internal areas, unique design, and good build quality. Moreover, these assets are strategically located in Queensland, near amenities such as retail centres, public transportation, and healthcare facilities, further enhancing their appeal.

⚫ Positive Outcomes

Since then, the portfolio has not only met but exceeded our expectations, achieving full occupancy and delivering strong financial performance. The borrower is expected to shortly prepare to engage with major banks for refinancing in the coming months, indicating a clear path for us to exit our loan.

Woodbridge is proud to have supported a borrower but also make a positive social impact by enhancing housing quality and tenant experiences in this emerging sector. This success story is a testament to Woodbridge's ability to provide funding that generates strong risk-adjusted returns for investors whilst making a positive social impact.