The Zagga Real Estate Credit Fund

A Singapore VCC​​ – for Accredited Investors
Experienced investment management, delivering consistent, risk adjusted returns for discerning investors.

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Introducing the new Variable Capital Company structure in Singapore

The Zagga Real Estate Credit Fund (ZRECF), managed by JAR Wealth Management, aims to provide regular income and portfolio diversification by investing in high-quality lending opportunities focussed specifically on the commercial real estate debt (CRED) market.

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Zagga Real Estate Credit Fund - Regular and stable cash distributions - Tax-free and FX hedged - Attractive returns without commensurate increase in risk

Key facts

Target Return

• AUD | Australian OCR + 4% p.a.
• SGD, HKD & USD | Australian OCR + 3.5% p.a.
(after fees and charges)

Investment currency

Base currency: Australian dollar (AUD) | Investments also taken in: SGD, HKD, USD

Minimum investment

• AUD | SGD | USD – $100,000 | • HKD – $500,000
(in respective currency)

Minimum holding period

12 months | Redemption notice: 90 days

Distribution frequency

Quarterly
(distributions are re-invested unless nominated otherwise)

Investment Manager

• JAR Wealth Management Pte Ltd
(incorporated in Singapore, licensed by Monetary Authority of Singapore)
• Sub-Manager: Zagga | • Administrator: Apex Fund Services (Singapore) Pte Ltd

External Fund ratings

• VERY STRONG investment grade rating by Foresight Analytics for the Fund
• Four-star, SUPERIOR investment grade rating by SQM Research for the underlying Lending Trust

foresight analytics

Learn about our Fund ratings

Comparing two investment options

  • Invest via ZRECF
  • ZRECF can invest into one, or more, or all, of Zagga’s established funds
  • Choice of investment currency
  • Minimum investment $100,000 (AUD | SGD | USD) or $500,000 (HKD)
  • Tax-free and FX hedged
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  • Invest Directly
  • Investor self-selects suitable investment opportunity from  Zagga’s Investor Portal
  • Investment funds accepted in AUD only
  • Minimum investment $100,000 AUD
  • 10% Non-Resident Withholding Tax applies
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Why Australian Real Estate Private Credit?

The information listed is general market data only.

Steady & resilient domestic economy

• 6th largest developed economy GDP per capita, c.US$63K

• 2.4% stable real GDP growth, 10 years from 2013-2023

• 33 years since last recession in 1991 (excl. COVID)

Strong government & effective governance

• AAA rating from S&P since 2003 (21 years)

• Stable and transparent political and economic environment

• Highly-regulated financial services sector

Sophisticated financial services & pension sector

• Australian superannuation (pension) system is worth AU$3.5 trillion / 142% of GDP

• Fifth largest pension sector by value (globally)

Population growth with undersupply of housing

• Australian population growing at c. 2.4% p.a (from 27 million as at 30 June 2023) = 600,000+ p.a.

• Building approvals per month: 13-15K

• National vacancy rates less than 1%

Why Zagga?

To date, we have funded in excess of $2 billion via more than 300 loans, and repaying more than $1 billion to investors, across multiple successful exits. Our track record is underpinned by detailed risk assessment, mitigation and ongoing, proactive loan monitoring and management.

Projects funded to date range from residential projects to multi-million dollar commercial and industrial developments.

Avalon Beach, NSW | Residential
Avalon Beach, NSW | Residential
Bellevue Hill, NSW | Residential
Bellevue Hill, NSW | Residential
Melbourne, VIC | Commercial
Melbourne, VIC | Commercial
Kirrawee, NSW | Industrial
Kirrawee, NSW | Industrial
Silverdale, NSW | Commercial
Silverdale, NSW | Commercial
Sans Souci, NSW | Mixed-use Residential
Sans Souci, NSW | Mixed-use Residential

Past performance is not a reliable indicator of future performance.

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We would like to acknowledge the Traditional Custodians of the lands, seas, and communities in which we provide our services. We would also like to pay our respects to the Elders past, present and emerging, and the continuing cultural influence they have on Australia.

Zagga Market Pty Limited (Australian Credit Licence 490904) ACN 611 662 401 acts as the Servicer of loans acting on behalf of the credit provider, Zagga Investments Pty Limited (AFSL 492354) ACN 615 154 786, trustee of the Zagga Investments Lending Trust

Additional Information

All portfolio numbers quoted correct as at 30 June 2026.

*Average investor return across the active portfolio as at 30 June 2026.

**Target return is after expenses and any applicable management fees for the year ended 30 June 2027. OCR = Australian Reserve Bank Official Cash Rate.

Past performance is not a reliable indicator of future performance, and should not be taken as an indication or guarantee of future results. Investments involve risk, fees and costs, and returns are not guaranteed. No representation or warranty is made regarding future performance, and economic conditions may change.

Prospective investors wishing to invest in a Zagga direct investment or a Zagga Fund should fully consider the Information Memorandum, ZFF Fact Sheet and/or ZWF Brochure, available from Zagga, before applying to invest. Investments are subject to risks.

Articles (including white papers and audio or video content) and FAQs on this website have been prepared by Zagga Investments Pty Limited (AFSL 492354) ACN 615 154 786 (Zagga) for general information only. They do not take into account your objectives, financial situation or needs, and are not a substitute for accounting, tax or other professional advice. Nothing in these articles or FAQs is an offer or solicitation to buy or sell a financial product, nor a recommendation to enter into or refrain from any transaction.

Any analysis provided in the articles (including white papers and audio or video content) or FAQs on this website is based on information believed to be reliable, however Zagga does not represent or warrant that it is accurate, complete or up to date. Zagga is not obliged to update the information or opinions contained in any article it. Opinions are those of the author and may change without notice. Readers should exercise their own judgment when relying on information contained in the articles or FAQs. To the maximum extent permitted by law, no member of Zagga accepts liability for any loss arising from the use of such information.

Media coverage featured reflects the independent opinions of the authors and does not necessarily represent the official views of Zagga.

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