Through the provision of property we support organisations that are striving to create a more equal and just society.
We believe in encouraging sustainable behaviour, and building both physical and social structures that lead to a sustainable lifestyle with a positive environmental impact, that use only our fair share of the planet’s resources.
Every decision we make will take account of financial, environmental and social impacts.
We believe that the world’s problems are better solved by people working together rather than alone.
We will implement a process of continual learning, with regular evaluations of our services and practices to ensure we constantly evolve the way we do business with the aim of ensuring best practice.
Ethical Property Australia was founded in 2013 as a partnership between Melbourne-based donkey wheel Trust and UK-based The Ethical Property Company.
Founding CEO, Peter Allen, was formerly Property Director at Ethical Property in the UK where he worked for over 10 years.
Based in Melbourne, EP Australia started by taking on the management of donkey wheel house, which had been purchased by the Trust in 2009 and progressively refurbished and let to social enterprises and not-for-profits.
In 2015 we set up the EP Commercial Fund, which now owns donkey wheel house, Spark Space in Melbourne and Endeavour House in Canberra. The Fund will be raising additional capital in 2021 and we will be establishing more centres to support not-for-profits, campaigning organisations, social enterprises and charities over the next few years. Contact us to be involved!
The Ethical Property Commercial Fund is a unit trust established in 2015. It provides a vehicle for wholesale investors wishing to participate in Ethical Property’s continued growth in Australia, supporting our mission to become the workspace provider of choice for social change organisations.
Property owned by the Fund is currently valued at over $40m, and our goal is to grow to a value of $100m over the next 36 months. The fund’s unit value has increased from $1 to $1.26 in the last 5 years and rental yield is also increasing with recent upgrades, refurbishments and increased occupancy. We are targeting a yield of 5% per annum.