The company’s 20th anniversary kicks off with a major investment to strengthen its strategic footprint in Australia
CC Real has increased its equity stake in the Australian real estate debt investment manager Madigan Capital, underlining CC Real’s long-term commitment to the sector and its ambition to scale up an international real estate debt platform.
The transaction follows the planned retirement of Michael Wood, Founder and Executive Chair of Madigan Capital. As part of the succession process, CC Real has substantially increased its equity investment, while key senior members of the Madigan leadership team retain a meaningful ownership position, ensuring continuity and disciplined governance. As part of the transaction, Barry Brakey, Australian based Managing Partner of CC Real, will resume the role as Chair of the Madigan Capital Board.
“Real estate debt plays an increasingly important role in institutional portfolios, particularly in markets where disciplined underwriting and strong local execution are critical,” said Barry Brakey. “Our increased investment reflects our confidence in the Madigan team and our conviction in Australian real estate debt as an attractive, risk-adjusted strategy within CC Real’s global investment platform.”
A cornerstone of CC Real’s international debt strategy
Founded in 2016, Madigan Capital has established itself as a leading institutional real estate debt manager in Australia, overseeing AUD 2 billion in funds under management. Supported by CC Real’s strong network with international institutional investors, Madigan Capital aims to grow funds under management significantly over the medium term.
CC Real first invested in Madigan Capital in 2020. The increased stake deepens a long-standing partnership built on solid investment principles, disciplined risk management providing a conservative approach to capital preservation. For CC Real, the transaction further strengthens its position in commercial real estate private credit strategies, which is a market segment characterized by strong fundamentals and growing institutional demand.
“Madigan Capital is the key pillar in our international real estate debt strategy,” Brakey added. “The platform combines deep local market expertise with our global investment capabilities, enabling us to deploy capital selectively and at scale.”
Chris Wilson, CEO of Madigan Capital, highlighted the importance of the transaction for the firm’s next growth phase: “The increased investment from CC Real reinforces the stability of our platform while preserving continuity. It enhances our ability to respond to evolving market conditions and continue delivering a best-in-class real estate debt platform supported by both domestic and global capital.”
European expansion of private debt activities
In parallel with the increased investment, CC Real plans to further develop its private real estate debt investment management activities in Europe, leveraging insights and expertise from the Madigan Capital team. “The proven track record of Madigan Capital provides valuable strategic input as we continue to expand our commercial real estate private debt capabilities in Europe,” said Patrick Zehetmayr, Managing Partner at CC Real responsible for European Debt and non-executive board member of Madigan Capital. “The intensified collaboration with the Madigan Capital team strengthens our ability to structure and manage debt strategies across European markets.”
