Haben are specialist neighbourhood and sub regional shopping centre investors run by Harold and Ben Finger. They provide the perfect example of investors who have superior insight within a niche market, particularly in identifying significant capital accretive value add opportunities.
In 2011 through our network we identified a Sydney based unlisted retail property investment manager, Haben Property. They have demonstrated an uncanny ability to always be better informed than the market when identifying investments and the associated value-add opportunities. We have selectively introduced and invested in specific funds of theirs. These investments have generated net IRRs of approximately 20-30% pa over periods averaging approximately 4 years through a combination of attractive yield and strong capital growth.