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Steven brings a wealth of experience to Natgen and our clients. His 30 year career has focused on commercial real estate, funds management, compliance, corporate governance and law.
With a masters degree in property and trust law and a business degree, since 1998 Steven has been structuring and operating manage investment funds to maximise returns to stakeholders. Success in this area has come through critical analysis of organisational and stakeholder needs, and focusing management effort in those areas which add investor value.
Steven has managed investment assets in excess of $1 billion and has personally overseen the purchase and investment of a further $1 billion of commercial properties and participated in (and advised on) joint-venture developments totalling over $400 million in gross realisation.
Beyond his professional activities, Steven is also actively involved in mentoring business professionals for organisations within Australia & abroad.
Steven is a responsible manager under the Group’s AFSL.
So when an investor invests in a Natgen Trust they are taking a direct ownership interest in the underlying property uh so we we take the property we split it into units the investors buy the units and we also gear it so there’s some Bank debt on that um so once once the property is sold at the end of the trust term the bank is paid back and basically the entirety of the rest of the money is distributed to the unit holders um
so over time the expectation is that the value of a property will increase as the revenue for the property increases and thus the dollar units uh that people have invested in um we hope and we can’t guarantee will be worth more than that in the future but as I said previously it’s this is a income investment not primarily capital gain investment so modest capital gains can be expected over time and we work very hard to achieve that but it’s really the income through the term that’s the main thing
so so our our our base case for people is to get them their dollar unit back at the end and give them a strong income stream on the way through hopefully with some capital gain so that their dollar unit becomes worth A110 $520
once we’ve taken an asset into a n gen trust we think it’s very important to manage it well as well so we also have a management company which which will manage the actual Property Management of a of of an asset and then we also do the asset management inhouse within that gen as well that way we can provide a a basically full service um from Cradle to grave in the asset and we can make sure that our short-term tactical decisions and the long-term strategic decisions or match.
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