IDA launches its first open-ended senior secured real estate lending strategy to wholesale and institutional investors targeting monthly income at the RBA Cash Rate plus 5% per annum* from a diversified portfolio of registered first-mortgage real estate loans.

Melbourne – 16 June 2026 – Specialist real estate credit and investment manager IDA is pleased to announce the launch of IDA Property Finance Portfolio V (IPF V).

Building on IDA’s compelling track record in senior secured first mortgage lending and available exclusively to wholesale and institutional investors, IPF V is IDA’s first open ended investment fund. Focused on capital preservation and stable monthly income generation from a diversified portfolio of registered first mortgage real estate loans, IPF V targets investment returns of 5% per annum over the RBA cash rate.*

The launch of IDA’s first open-ended private credit fund builds on the success of IDA’s four prior closed-end funds, extending a strategy previously only available to IDA’s network of high-net-worth and ultra-high-net-worth clients.

Operating for more than 16 years, IDA is active across all aspects of commercial real estate finance and investment, trading predominately within the mid-market living and logistics sectors.

Led by founder Adam Kaye alongside partners Robbie Fallon and Jeremy Urbach, IDA secured a strategic investment in 2024 from Macquarie Real Estate Partners – a global real estate opportunities fund managed by Macquarie Asset Management – who took a significant minority stake in the IDA platform.

The portfolio will be constructed subject to defined limits as it scales, including caps on individual loan and borrower group exposures and minimum allocations to major metropolitan markets. Key features include monthly distributions and multiple sources of liquidity.**

The launch of IPF V continues the trend of private market capital and specialist CRE credit managers filling the widening gap left by the continued pull-back by major banks from mid market commercial property lending.

The fund’s first close will be on 1 July 2026 and is available to wholesale investors only. As with all investments, an investment in the Fund is not without risk. Returns of income and capital are not guaranteed and the target return may not be achieved. Fees and costs apply to investments in the Fund. You should read the information memorandum to understand the terms and conditions of an investment in the Fund. You should also obtain independent financial, legal and tax advice before deciding whether to invest in the Fund.

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*Actual results may differ materially from any targets, projections or indications of future performance referred to in this article.
**Liquidity or redemptions may be subject to restrictions or minimum notice periods depending on the fund’s cash reserves

Quotes attributable to Adam Kaye, Founding Partner & Managing Director, IDA
“Though market conditions may move between volatile and benign from cycle to cycle, demand for real estate credit and capital’s search for asset-backed income remain a constant.

What matters more than ever is choosing a manager with specialist subject matter expertise and experience built across multiple market cycles, as well as ensuring the product is designed and managed to a high standard of transparency and governance.

Australian commercial real estate private credit continues to offer compelling risk-adjusted investment returns for managers with access to the right opportunities and the discipline to underwrite and manage them prudently.

IPF V is a material progression in the first mortgage private credit series we have been testing, refining and managing for more than 16 years now. We have designed its governance to align with the higher standards emerging from ASIC’s review of the private credit sector – a welcome evolution for the asset class in Australia.”

Ends

ABOUT:
Founder-led with a strategic investment from MREP, a Macquarie Asset Management global opportunities fund, IDA is a specialist real estate private credit and investment manager. With more than 16 years’ experience as a capital partner in real estate projects with aggregate end values exceeding A$6 billion, IDA has deep expertise across real estate asset classes and economic cycles.

DISCLAIMER:
The information in this media release is for informative purposes only and should not be considered as investment advice. This information refers to offers of specific interests in IDA Property Finance Portfolio V (IPF V). For information regarding target income, fees, risks and other related disclosure are detailed in the Information Memorandum. Anyone seeking to make an investment should request and review the Information Memorandum dated May 2026. The investment manager is IDA Loan Management Pty Ltd (ACN 659 173 770), a corporate authorised representative of IDA Securities Pty Ltd Pty Ltd (ACN 155 991 585) (AFSL 418895). The trustee of IPF V is Melbourne Securities Corporation Limited (ACN 160 326 545) (AFSL 428289). This information has been prepared as general information only without taking account the objectives, financial situation or needs of individuals who may read this information. All investors should seek their own financial, legal and taxation advice relative to their own circumstances before making an investment.

CONTACT:
Kate Gunston
Manager – Marketing & Communications
kgunston@ida.com.au | +61 427 579 898