Fund Overview
The Barwon Disability Accommodation Fund (Fund) is an open-ended fud that offers wholesale investors access to a diversified portfolio of high-quality, predominantly metropolitan located, Specialist Disability Accommodation (SDA) properties across Australia.
Purpose-built SDA properties are residential accommodation designed for people with disability who experience extreme functional impairment or require very high support to be delivered within their homes, i.e. assistance with daily living. Rent is generated through the collection of Government rental support payments provided under the National Disability Insurance Scheme (NDIS), Commonwealth Rent Assistance and the Disability Support Pension.
The Fund aims to deliver 8% – 10% p.a. Total Return (net of fees) over the medium to long term with a target distribution yield of 5%-6% p.a. with distributions being paid quarterly. The Fund aims to generate strong risk-adjusted return whilst also helping address the housing shortage faced by people with disabilities.
All assets are located in Australia in metropolitan and major regional locations.
Why Invest?
Tax-Effective Income Distribution
5–7% p.a. income yield (pre-tax, net of fees) paid quarterly with 100% of distributions to date being tax deferred due to large depreciation benefits generated from new properties.
Inflation-Linked Income
100% of Fund rents are CPI-linked and supported by Government funding through payments under the NDIS, Commonwealth Rent Assistance and Disability Support Pension.
Scaled and Diversified Portfolio
An established, scaled and diversified portfolio of operating properties managed by an investment team with deep sector expertise leveraging the 19-year track record of the broader Barwon team.
Investment Team
Tom Patrick
Head of Healthcare Property, Partner
Tom Patrick
Head of Healthcare Property, Partner
Tom is Head of Healthcare Property, and a Partner and Director of Barwon. Tom has ultimate responsibility for the Barwon Healthcare Property Fund, the Barwon Institutional Healthcare Property Fund and the Barwon Disability Accommodation Fund totaling in excess of $2.4bn of AUM. Tom has over 20 years’ experience in property funds management, advisory and banking in both the healthcare and direct commercial property in both domestic and international markets.
MSc Real Estate Management and Development (UK) Grad. Dip. Property, B. Comm., Grad. AICD
Education:
MSc Real Estate Management and Development (Heriot-Watt University -UK) Grad. Dip. Property, B. Comm., Grad. AICD, RICS candidate
Joss Engebretsen
Portfolio Manager
Joss Engebretsen
Portfolio Manager
Joss leads the Barwon Disability Accommodation Fund (BDAF) as Portfolio Manager, driving the strategic growth and performance of a diversified portfolio of Specialist Disability Accommodation properties. With a proven track record spanning over 15 years, Joss brings deep expertise in real estate design, development, acquisitions and asset management across diverse real estate sectors. His breadth of knowledge, passion for the sector and thought leadership ensures the delivery of essential housing solutions for individuals with extreme functional impairment or requiring very high levels of support.
Joss’s financial acumen is underpinned by a Master of Applied Finance from Macquarie University, complementing his Bachelor of Civil Engineering and Bachelor of Commerce (Economics) from the University of Sydney.
Education:
B.Eng (Civil) & B.Comm (Economics) (University of Sydney), M. Applied Finance (Macquarie University)
Zachary Wu
Investment Manager
Zachary Wu
Investment Manager
Zachary Wu is an Investment Manager at Barwon focused on investment analysis, due diligence and valuations. Prior to joining Barwon in 2020, Zachary worked as an Asset and Investment Manager for Rockworth Capital Partners for five years, where he managed a diverse portfolio of retail and office properties across Australia.
Zachary holds a Bachelor of Finance from the South China University of Technology (SCUT) and a Master of Professional Accounting (Extension) from the University of New South Wales (UNSW).
Education:
B. Comm. (SCUT), M. Professional Accounting (Extension) (UNSW)
Platforms
Performance
| Returns | Income Return | Capital Return | Total Return |
|---|---|---|---|
| 12 months | 3.74% | -0.12% | 3.62% |
| ITD p.a. | 3.42% | 1.54% | 4.96% |
Unit Price
| CUM Unit Price | Inception Date |
|---|---|
| $1.0289 | 1 August 2021 |
The performance figures are net of taxes, fees and expenses and assuming distributions are reinvested. While reasonable care has been taken in the preparation of this content, Barwon Investment Partners Pty Limited ABN 19 116 012 009 AFSL 298445 makes no representation as to the accuracy or completeness of any statement in it, including without limitation, any forecasts. Past performance is not a reliable indicator of future performance.
How to Invest
Brett Scallan
Manager, Wholesale Distribution
Brett Scallan
Manager, Wholesale Distribution
Brett leads the wholesale distribution team at Barwon and works closely with wholesale wealth groups, family offices and HNW investors across Barwon’s suite of alternative investment solutions, namely Real Estate Credit, Healthcare Property and Private Equity.
Brett has been in the financial services industry for over 18 years, gaining valuable experience through various roles in funds management, wealth management, venture capital and banking in Australia and the UK. Brett holds a Bachelor of Commerce (Finance) and a Cert IV in Financial Services.
To discuss the range of investment solutions available at Barwon, please call Brett on 0426 698 911 or email [email protected]
Education:
B. Comm (Finance), Cert IV (Financial Services)
Kate Hayward
Distribution Manager, Partner
Kate Hayward
Distribution Manager, Partner
Kate is a Partner of Barwon and an investment manager within the Private Equity team. Her responsibilities include listed private equity research, business development and client relations.
Prior to joining Barwon in 2009, Kate was the co-founder of a US online accommodation booking start-up and in 1995 established a New York based marketing/communications company whose clients included a number of Australian companies with US operations.
Prior to her work in the USA, Kate had seven years of experience as an equities analyst for Prudential Bache Securities (Melbourne and New York) and ANZ Investment Bank (Melbourne).
Education:
B. Comm. (Melb Uni)
Johnny Chen
Business Development Manager
Johnny Chen
Business Development Manager
Johnny works closely with wholesale wealth groups, asset consultants and family offices across Barwon’s suite of alternative investment solutions, namely Real Estate Credit, Healthcare Property and Private Equity.
Johnny has been in the financial services industry for over 9 years, gaining valuable experience through various roles in funds management in Australia. Johnny holds a Masters in Applied Finance (Investment Analysis) and a Bachelor of Economics (Economics & Management) and is RG146 accredited. Johnny is looking to commence the Chartered Alternative Investment Analyst (CAIA) accreditation in 2026.
To discuss the range of investment solutions available at Barwon, please call Johnny on 0468 744 328 or email [email protected]
Education:
B. Econ (Economics and Management), Masters in Applied Finance (Investment Analysis), Diploma of Financial Planning (RG146)
