The business was founded in 1996 originating from a vision held by the founding directors who held a strong conviction that superior investment performance is centred on real estate fundamentals. Today, that same philosophy is applied when managing funds on behalf of institutions and retail investor.

Milestones in our history


  • APN Property Group acquired by Dexus


  • APN Global REIT Income Fund launched


  • APN Regional Property Fund recapitalisation and liquidity event


  • APN Nowra Property Fund launched


  • APN Property Group exceeds $2.6 billion funds under management
  • APN successfully launches the Convenience Retail REIT (ASX code: CRR)


  • APN Property Group exceeds $2 billion funds under management
  • APN sells holdings in Generation Healthcare to NorthWest Healthcare Properties Real Estate Investment Trust for $58.5 million
  • Industria REIT acquires WesTrac Newcastle for $159 million
  • APN Retail Property Fund launched


  • APN AREIT Fund exceeds $1 billion funds under management
  • APN launched the APN Steller Development Fund, six inner city medium density apartment projects
  • APN launched the APN Coburg North Retail Fund, a fixed term fund invested in a new neighbourhood shopping centre


  • APN launched the Newmark APN Auburn Property Fund, a fixed term fund invested in the redevelopment of a full line sub-regional retail centre


  • APN Asian REIT Fund, a property securities fund invested in Asian Real Estate Investment Trusts launched
  • APN 541 St Kilda Road Fund, a direct closed-end property fund launched and was fully subscribed
  • Industria REIT (ASX code: IDR) initial public offering launch. IDR owns interests in a workspace focussed portfolio of 18 industrial assets


  • APN AREIT Fund exceeds $300 million funds under management


  • APN Funds Management Ltd appointed as Responsible Entity of the ING Real Estate Healthcare Fund. APN relaunched the fund as Generation Healthcare REIT™ (ASX code: GHC), Australia’s only listed real estate fund that invests exclusively in healthcare properties


  • Placement to ARA Asset Management


  • APN launched the APN AREIT Fund, a property securities fund invested in Australian Real Estate Investment Trust


  • APN’s second private fund, APN Development Fund No. 2 launched


  • APN listed on the Australian Securities Exchange as APN Property Group (ASX code: APD), combining both Australian Property Network and APN Funds Management
  • APN European Retail Trust floated (ASX code: AEZ)
  • APN Property for Income Fund No. 2 launched
  • APN’s first private fund, APN Development Fund No. 1 launched


  • APN funds under management reached $1 billion


  • APN’s first direct property fund, APN Retirement Properties Fund was established


  • The original APN Property for Income Fund was established; the flagship property