Labassa Capital Credit Fund Update July 2026

The Fund delivered a 10.70% p.a. net return on a rolling 12-month basis while maintaining a conservative 55.77% portfolio LVR with all loans continuing to be serviced as expected. The firm has achieved a record month in settlements, reflecting the strength of Labassa's origination capability and underpinned by disciplined underwriting.

During the month, the Fund participated in a $55.2 million Senior Construction Facility supporting the delivery of a large-scale residential community in Adelaide's north-eastern growth corridor. The project is expected to deliver approximately 900+ residential allotments and aligns with the Fund's strategy of backing well-located projects supported by strong underlying demand and conservative capital structures.

Labassa continues to maintain a highly selective investment approach and remains focused on asset-backed lending opportunities that prioritise capital preservation, conservative leverage and multiple layers of downside protection.

If you would like to receive a copy of the latest newsletter, please enter your details into the Insights form below or reach out to us on investments@labassa.com or +61 2 9061 6600.