gisborne
ID_Land acquired two Gisborne land parcels. Image Supplied.
  • The developer has launched its new fund, Title Capital
  • Has acquired two land parcels in Gisborne
  • Also acquired land in Armstrong Creek

Developer ID_Land has announced a diversification into private funds management, while also announcing acquisitions in Gisborne and Armstrong Creek that will add $400 million to their pipeline.

The launch of Title Capital will allow for wholesale investors and family offices to co-invest in residential developments. The fund joins Shape Homes and ID_Land under the newly created ID_Corp group of companies to represent the diversified interests across development, construction and capital.

Acquisition trail

In other news, ID_Land has announced acquisitions, including two parcels in Gisborne. The first includes an 86-hectare residentially zoned site, one of the last of its kind in the Gisborne township.

The second includes 180-hectares of adjacent farmland has been acquired, which will be developed into a master-planned community. The sites were acquired for around $100m, with the transaction handled by Biggin & Scott Land’s Frank Nagle and Andrew Egan.

This follows the $250 million Willow estate in Gisborne, which was launched in 2019.

The developer has also amalgamated sites along Barwon Heads Road in Armstrong Creek in what will be ID_Land’s fourth land estate in the region, Haumont, which will ultimately consist of 400 lots with an end value of $100 million.

This acquisition formed Title Capital’s second and now fully subscribed Geelong Development Fund.

The acquisitions across both Gisborne and Armstrong Creek now cover over 35% of ID_Lands $2.5 billion portfolio.

The group currently turns over $300 million annually with expectations of reaching $500 million with an expansion strategy replicating its current operations in south-east Queensland.

“The launch of ID_Corp and expansion into funds management is the culmination of our long-term strategy, and underpins the group’s next phase of expansion across our different business divisions,” said director Matthew Belford.

“Recent acquisitions in Gisborne and Armstrong Creek reflect the confidence we have in the regions, with five ID_Land projects either delivered or currently in development across these two important locations.”

Matthew Belford, director

“Our group’s journey to date has given us a blueprint for expansion into other parts of Australia, with south-east Queensland currently top of our list – our team is on the ground and actively seeking acquisitions in the region,” added fellow director Jeff Garvey.




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