About Our Company

Redhill Partners is a Singapore based private investment company with an Australian office, focused on highly cash generative investments across the Asia Pacific region, including investments in Australian commercial real estate, Asian based self-storage, Australian education and Australian hospitality accommodation industries. We are attracted to investments offering the ability to achieve significant scale, high quality earnings and structural growth. We seek to mitigate risk and extract maximum value by strategically investing in operating companies such as self-storage, education and childcare providers.

Current Portfolios

Real Estate, Australia

Investments in Australia properties

  • Acquisition Date: Ongoing
  • Capital Raised to Date: c.$150m
  • Expected Returns: Estimated 15 – 19% IRR
  • Investors: Institutional investors, Family offices, Redhill Partners

Redhill Property Partners (RPP) is focused on sourcing and purchasing A and B Grade Office buildings in Perth CBD and suburban locations. Asset values have significantly decreased since 2012 with massive rental decreases and increase in capitalisation rates. With limited new supply coming on after 2018, a stabilising commodities price and a strong trend of suburban tenants relocating to the CBD, we believe there currently exists opportunities for value purchases of high yielding office properties, with capital gain opportunities as the market re-rates, following increasing awareness and favourable outlook.

www.redhillpartners.com.au

Regional Motels, Australia

Consolidation and operation improvement of regional Australian motels

  • Acquisition Date: Ongoing
  • Capital Raised to Date: AU$ 50 million
  • Expected Returns: Estimated 18% IRR
  • Investors: High Net Wealth Individuals, Redhill Partners

Redhill Hospitality Fund (RHF) is focused on purchased existing 3 and 4 star regional motels located in Australia. Despite increasing domestic tourism, this sector has suffered from poor management, under investment and insufficient economies of scale. RHF intends to purchase and refurbish a number of regional motels with an aim to introducing a standardised services offering in Australia.

www.redhillhospitality.com.au

Success Early Learning, Australia

Expansion capital for Childcare business in Australia

  • Acquisition Date: June 2017
  • Capital Raised to Date: TBC
  • Expected Returns: TBC
  • Investors: Redhill Partners and High Net Wealth investors.

Success (SEC) aims to become a leading owner- operator of long day childcare centers in Australia. SEC currently operates in Western Australia. SEC aims to purchase around 15 centers over the next 12 months, giving an approximate EBIT of AUD $10 million.

Exited Portfolios

Asia Pacific Storage, Singapore

Value-add acquisition of existing self-storage in Singapore

  • Acquisition Date: November 2010
  • Capital Raised: SGD $21m
  • Expected Returns: >21% IRR gross
  • Investors: Southern Capital, Tong Lee Group

Lock+Store was an under-managed “orphaned” asset with significant scope for operational improvement against a backdrop of a highly underpenetrated and space-constrained market. The business was acquired through an off-market deal, new management was put in place, facilities were renovated and additional real estate was acquired to enlarge and improve performance. The investment was exited through a sale to Singapore Post, the postal monopoly of the Singapore government.

James ceased to be a director when this entity was sold.

Tertiary Education, Australia

Private tertiary education market in Australia

  • Acquisition Date: James Hyndes co-founded in 2006
  • Capital Raised: AUD $18m
  • Expected Returns:>3x return (based on IPO price)
  • Investors: HNW, Various at IPO

Redhill Education delivers high quality education and student services to domestic and international students. Each year, Redhill Education recruits and educates more than 6,000 students from more than 30 countries. Redhill Education is listed on the Australia Stock Exchange (ASX:RDH)

James ceased to be a director in 2012, and still retains an interest in the company.

Office Properties, US

Acquisition of Class A Commercial Real Estate in the USA

  • Acquisition Date: Completed in 2017
  • Capital Raised: USD $300m
  • Expected Returns: Target 18% IRR
  • Investors: Bridge Investment, Group Partners, WGC, and other institutions

Mandalay-FCRE is acquiring Class A to Class B+ office buildings in the key markets of the Southern USA, where favorable decades-long demographic trends and strong business sector growth present attractive investment opportunities. Mandalay-FCRE targets core-plus and value-add opportunities, where its on-the-ground capabilities can drive significant value creation for its institutional clients.

James ceased to be a director of Mandalay-FCRE (and related entities) in August 2016. He remains an investor in the property assets.

Childcare Australia

Pre-IPO financing for Childcare business in Australia

  • Acquisition Date: June 2014
  • Capital Raised:AUD $20m with AUD $20m approved bank finance
  • Expected Returns: IRR 29% (for Redhill’s investment)
  • Investors: Blue Sky Capital, Redhill Partners

Foundation Early Learning (FEL) aims to become a leading owner- operator of long day childcare centres in Australia. FEL’s 100%-owned subsidiary, Total Childcare Solutions Australia (TCSA), already manages 40 centres for third parties and continues to grow, providing a proven management platform to support FEL’s acquisition strategy. FEL has been acquired by Busy Bees (subsidiary of Temasek Holdings) in 2018.

Our Team

James Hyndes

James Hyndes

james.hyndes@redhillpartners.com.au

James previously held senior roles as a Director of equity sales with the investment banks Goldman Sachs, JP Morgan and Macquarie Bank. He was previously the Chairman of an ASX listed entity with investments in US Property. He has previously established, funded and exited property related investments with a combined value for more than US$300m.

James' career includes significant experience as a research analyst covering a number of sectors including technology and consumers. James is a graduate of the Australian National University with degrees in Bachelor of Arts (Asian Studies) and Bachelor of Economics. He also holds a Graduate Diploma in Applied Finance and Investment. A Korean speaker, he has lived in Asia since 1995.

Oliver Mahe

Oliver Mahé

oliver.mahe@redhillpartners.com.au

Oliver has comprehensive experience working across all commercial real estate asset classes. He brings a wealth of experience and a strong professional network to the firm, particularly his expertise in off-market origination of commercial property assets.

Prior to joining the firm, Oliver held positions at APiL Group, Knight Frank and Hawaiian. For ten years, he was a Director of a commercial real estate syndicator in Perth with approximately A$700m in assets under management and has overseen the implementation of major value add strategies.

He is a graduate of the University of Western Australia Business School with a Master of Business Administration and Master of Applied Finance (Investment Management).

Guy Peterson

Guy Peterson

guy.peterson@redhillhospitality.com.au

Guy has a wide range of leadership experiences, having previously taken up roles such as General Manager of Consulting & Sales at an Australian Technology Company, Senior Officer with Australian Defence, Director at PWC Australia and more. His strategic insight is highly regarded, having written several strategic documentation read by CEOs of billion dollar commercial companies such as Abu Dhabi Company for Petroleum Oil Operations (ADCO), Emirates NBD Bank and Bangkok Bank.

More recently, Guy has successfully acquired and turn around a motel in regional Australia, increasing net income by approximately 35% within 9 months.

Ken Lee

Ken Lee

ken.lee@redhillpartners.com.sg

Ken has worked as Investment Analyst covering Real Estate, Telecommunications and Technology sectors for more than 10 years. He has been involved in the entire buy side deal cycle, from origination to due diligence till the signing of SPAs.

Ken has an MBA from Singapore Management University and a Bachelors of Commerce from The University of Queensland.

Nitish Singh

Nitish Singh

nitish.singh@redhillpartners.com.sg

Nitish's work involves industry and company research and the evaluation of investment opportunities at Redhill Partners. He has worked in the Assurance line as a Senior Associate with PwC, specializing in the audit of real estate and pharmaceutical companies for 3 years.

Nitish has a Bachelor of Accountancy (Honors) from the Singapore University of Social Sciences.

Serene See

serene.see@redhillpartners.com.sg

Serene brings to the Redhill team a strong background in high-level administration support and excellence in customer service.

Serene ensures the smooth running of the office, acting as the central liaison point for communication and assisting reporting to investors.

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