Property developer launches boutique investment arm for luxury projects

Australian property developer Aqualand Group has established a new division targeting wholesale investors for its luxury residential developments.

Aqualand Prestige will focus on medium-scale boutique projects, with three sites already secured in Sydney’s Chatswood and Roseville suburbs.

The Chatswood development plans include a 35-storey residential tower featuring 24 whole-floor apartments, with an estimated value of $270 million.

Jin Lin, Managing Director of Aqualand Group, said the launch aligned with the company’s tenth anniversary.

“I see the launch of Aqualand Prestige as the culmination of Aqualand’s decade of growth,” he said.

The new division will leverage expertise from Aqualand’s existing projects, including the $1 billion AURA development in North Sydney.

Wayne Xiong, Executive Director of Aqualand Prestige, said the division aimed to deliver strong returns through suburban developments.

“Aqualand Group’s venture into this new business model wouldn’t be feasible without our strong track record of delivering market-leading projects,” he said.

The two Roseville sites are planned for medium-density apartment developments spanning 33,000 square metres.

Investment funds will be directed through AL Capital’s new management fund, specifically designed for wholesale investors.

The company plans to host investor events in 2025 to showcase project plans and the division’s vision.