Process

Resolution Capital’s consistent and rigorous investment process has been a key contributor to the team’s success for or over 13 years.  The senior members of our team have experienced the highs and lows of many property investment cycles, as well the evolution and globalisation of the Australian listed property market. Over this time, the team’s overriding focus has remained on maintaining and developing the quality and integrity of our analysis and research.  Our Portfolio Managers and Analysts each bring a diverse range of experience and skills to the team, and we pride ourselves on our collaborative approach. 

Research responsibilities amongst the investment team are divided up by sector – office, retail, industrial, residential etc– rather than by region – Asia, Europe etc. This reinforces our focus on identifying and evaluating stocks globally rather than on a purely regional basis. 

Our investment process is focused on identifying those stocks which we expect will deliver the best relative risk adjusted returns. Thematic investment screens that are debated and tested internally provide a means of filtering our investment universe down to a subset of stocks which then undergo more detailed research.
The core of our detailed research is focussed on evaluating the relative value of the company, its management team and the risks associated with the investment.

Throughout the investment process our team constantly assesses the risks associated with each potential and current investment. Key areas of risk including development exposure, financial leverage, tenant credit, transparency and corporate governance are debated and compared against global peers.