October 2023 – Celebrating all things South East QLD

Newsletter

This month is a celebration of our journey and commitment to you, our loyal investors, for the past 30 years. In this article, we’ll reflect on the strength of both Brisbane and GPS as we navigate the evolving landscape of construction finance.

In the world of finance, stability is a precious commodity. Over the decades, we have seen economic ups and downs, but one thing has remained constant – our dedication to building strong and lasting relationships. GPS has always been about understanding the needs of our borrowers and builders intimately, thanks to our deep roots in South East Queensland.
This year, as we mark our 30th anniversary, we continue to stand as a pillar of stability in the face of economic fluctuations. While others may pull back in uncertain times, GPS remains firmly committed to our mission of providing quality lending, especially when it’s needed most.

Brisbane is currently riding high on success, with both the Brisbane Lions and Brisbane Broncos making it to the Grand Finals. This achievement reflects the resilience and determination that defines our city, and it’s a testament to the unwavering spirit of its residents. Maybe wait a week or 2 before mentioning the outcomes of those games though to your QLD friends!
This strength in Brisbane mirrors our own principles at GPS. We, too, are focused on steady and robust growth. Like these successful teams, we carefully select our projects, ensuring they align with the GPS lending philosophy that has served us well these last 30 years. We’ve witnessed firsthand the city’s growing demand for housing, and we are proud to be a part of the solution.

One lesson we’ve learned over our three-decade journey is the importance of time in the market. In the world of construction finance, patience and prudent choices often yield the best results. GPS has always been methodical in our decision-making process, never rushing into projects without thorough analysis and planning.

In our commitment to you, we understand the value of your investments. Rest assured, when GPS actively seeks to raise funds, it’s because we have the utmost confidence in our loan pipeline. We continue to invest in projects that resonate with our core values, and we are excited to see our niche expanding as we grow alongside our repeat borrowers.

As we look to the future, we anticipate ongoing challenges and opportunities. Inflation is on the rise, impacting construction costs, but we remain adaptable and resilient. Our experience tells us that even amidst adversity, new opportunities can emerge. Distressed sales may open doors for fresh investments, and successful projects will always rely on strong relationships between developers, builders, and funders.

Our commitment to funding residential developments remains unshaken. With 30 years of experience behind us, we stand strong, focusing on smaller projects, smaller builders, and markets where we have unwavering confidence.

So, as we celebrate our 30th birthday, let us celebrate together the enduring strengths of GPS. Economic changes may ebb and flow, but our dedication to you remains constant. We will continue to work diligently with our builders and borrowers to weather these changes and produce successful projects.

Thank you for being a part of our journey, and here’s to another 30 years of prosperity!

Recent updates

View all updates

We’re Still Adapting With Integrity

Insights from Richard Woodhead, Managing Director of GPS Investment Fund Ltd...

Is This A ‘New Norm?’ We’re Ahead Of It

Earlier this month, GPS Development Finance (GPS) was approached to finance...