About Us
PPI Funds Management is a boutique property funds management company specialising in the formation of property syndicates and the acquisition, development and ongoing management of real property assets.
PPI was founded by Harry Perks in 1990 when, spotting an opportunity in the commercial property market but unable to afford the asset himself, Harry put together a syndicate of like-minded associates to purchase the Westland Shopping Centre in Whyalla. Harry managed the day-to-day decision-making on behalf of the syndicate and PPI was born.
Since its first acquisition in 1990, PPI has formed 16 property syndicates that now own more than 21 commercial property assets in South Australia, New South Wales and Queensland, valued at approximately $600 million. Along the way PPI has developed an enviable reputation within the commercial property industry for shrewd investing and hands-on property management.
Much of the success of PPI can be attributed to the two core principles that underpin the way we do business:
1. Long-Term Investment Horizon
At PPI we are totally focused on long-term wealth creation. Due to the high costs of transacting in the direct property market you need to view investing as a long term prospect, and be certain that the assets you are buying today are going to be the ones you will still want to own in 20 or 30 years time.
At PPI we seek to do this through our highly disciplined approach to asset selection, patient market timing and active property and financial management, all of which have been extensively honed over 25 years of experience.
2. Alignment of Interests
At PPI we only recommend property investments to our clients if our management 100% believes in them too, and are willing to back up their conviction with a substantial personal investment.
In the years leading up to the Global Financial Crisis, PPI considered the commercial property investment market to be overvalued. During the GFC many contemporaries were forced to sell and PPI made several acquisitions. History has shown this contrarian investment philosophy creates value for our clients.
Today, PPI has grown to be one of the largest private property syndication / management businesses in Australia dealing exclusively with high net worth individuals (Wholesale Investors). Harry Perks and Lachlan Perks both maintain a very hands-on role by overseeing PPI’s acquisition and syndication initiatives as well as ensuring all existing syndicates are managed and developed appropriately to maximize property values.
PPI is an authorised representative of PPI Capital Limited's (a related company) Australian Financial Services Licence No 344601 issued by ASIC. To download a copy of PPI Capital's Financial Services Guide please click here.