DELCOR Family Office recently closed a private funding deal with a 12% p.a. coupon rate, for the development of Lifestyle Villages on the shores of the Derwent River in Tasmania, located 22km north of Hobart. The 9.192 Hectare site “Old Beach” adjoins the St Ann’s aged care facility and retirement village, with complimentary arrangements to use the aged care community centre.

DELCOR is currently considering further lifestyle village funding opportunities which align with DELCOR’s strategic asset allocation strategies, as an alternative to fixed income products, given the continued historically low interest rate environment.