GPS Pipeline Update , EOFY July 2025

From Richard Woodhead, GPS Investment Fund Limited Managing Director

The First Half in Review

As another financial year wraps up, we would like to take a moment to reflect on the year so far, and on the principles that continue to guide our team at GPS.

This past year we maintained a deliberately conservative approach, shaped both by our deep experience and a careful observation of the market conditions.

While some delays in the property pipeline were felt industry-wide, our goal remained clear: to protect our investors' hard earned money, and to invest in only those projects where all the fundamentals are right.

You might have seen a shortage of new investment products. This is due to the external delays from government processes and an increasing number of projects in SEQ.

An example of the external delays includes the delays in plan sealing, a critical stage for development progress. At one point, GPS had several projects queued – a result of external processing lags rather than borrower issues.

Experiences like these can be frustrating, but they underscore why GPS is built the way it is – with discipline and commitment.

GPS is known for its strategic approach and relationship lending, and we stand tall on those principles. We never rush to place investor money into risky projects, but rather , we wait patiently for the right opportunities.

That is how we have operated for over 30 years, including through events like GFC, COVID-19 and countless market shifts.

The good news is that we are currently seeing shifts in those delayed projects, and we are now seeing progress towards a more stable lending frequency.

Investors can expect pickup in the flow of loan repayments.

Looking further ahead, GPS continues to target our niche projects – residential and townhouse developments in South East Queensland.

Areas like, the Bayside corner (Wynnum to Victoria Point), and Northern suburbs of Brisbane continue to perform well.

Another exciting prospect for GPS are the new, bigger unit projects that are on our horizon. We are approaching these big projects with strategy, and are glad we have built strong relationships with our borrowers over time to enable us to take on these new opportunities.

As always, our experienced fund managers are on top of the vetting process, and ensuring that GPS funds those projects that look promising.