Re-brands as ‘Visionary’ to mark new phase of growth

SYDNEY 15 October 2018 – Australian real estate development and investment company, Visionary Investment Group (VIG), has marked its six-year anniversary with a series of performance updates and re-branding as Visionary to mark a new phase of growth.

Visionary is the parent company of an Australian real estate fund management and investment platform, SR Capital, which has more than $150m in funds under management across seven active funds; Silkari®, a multi-tiered consumer brand encompassing real estate – hotel and residences – and lifestyle management services; a real estate agency and management company, The Property Gallery; and the property development arm, known as Visionary.

Founder and CEO, Michael Guo, explained since the company’s inception it has generated a residential portfolio of four sites, totalling approximately c. 1,500 dwellings, with a gross development value of AUD$2 billion. It has also successfully divested two unlisted funds that collectively owned eight prime Sydney CBD assets.

Mr Guo said, “The company was founded with a vision to help investors think differently about investing in property. Most consider putting their capital into bricks and mortar by buying a residence, renting the property and benefitting from capital gains and rental income. There is nothing wrong with this model but there are other positive investment solutions to add better value.

“I wanted to offer investors an opportunity to benefit from the upstream of the development value chain; returns during the construction process. This means benefiting from both the process of making homes as well as the end product, the home itself.”

Investors range from High Net Worth Individuals through to national and international institutions, that are typically resilient against cyclical fluctuations.

“Our investors habits are usually counter-cyclical meaning their appetite and risk tends to increase during periods of market cooling and downturns,” Mr Guo added.

To date, the company has delivered the 212-room serviced apartment complex, Silkari Suites® at Chatswood, which opened in 2016 and enjoys an average 80% occupancy rate. Its success is marked by a 4.6-star TripAdvisor rating and 9.1/10 rating on Booking.com. Returns for owner-investors achieve seven per cent per annum.

S Pagewood by Silkari®, the maiden residential development, is 70% sold and due for practical completion in Q2 2019. Its recently launched final stage, the Silkwood Collection, includes 48 apartments and 12 townhouses.

The 562-hectre Avondale master-planned project is continuing with three holes of the Greg Norman-designed course completed. The vision for the project is to restore the natural flora and fauna; deliver a world-class golf course that has minimal impact on the natural topography; introduce sports-led and hospitality-led onsite academies; create a new, benchmark for a wellbeing resort; a separate five-star hotel; as well as 220 top-tier, architecturally-designed dwellings.

It has also launched a lifestyle management concierge App, which provides Silkari® guests with services such as airport transfers and domestic chore solutions.

Visionary is hosting an all-day birthday celebration for its partners, owners and stakeholders on Tuesday 16 October 2018.