Labassa Capital Credit Fund Update February 2026

The Fund delivered a 10.30% p.a. return net of fees on a 12-month rolling basis in February, while maintaining a conservative portfolio LVR up to 50.00%.

Industrial and logistics property fundamentals remain strong across Australia, supported by sustained demand from logistics, e-commerce and supply chain operators and structurally low vacancy across major east coast markets. Labassa's investment team is at the final due diligence stage on two industrial projects, expected to settle in March and April.

The tension in the Middle East region will influence energy prices, inflation expectations and trajectory of monetary policy. Direct impact on Australian property markets remains limited.

Against this backdrop, disciplined underwriting and data-driven investment selection remain central to portfolio performance. Labassa Capital continues to prioritise asset quality, sponsor strength and conservative capital structures when assessing new opportunities. The Fund’s current deal pipeline stands at approximately $750 million, on the back of strong origination activity across the eastern seaboard. 

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