SYDNEY, March 3, 2025 -- Leading investment firm PAG has announced it is accepting Coposit as Qualified Pre Sales (QPS) – up to a threshold of 40% – across all projects Australia-wide.

PAG is the first non-bank lender to come out with an official QPS threshold for Coposit since the tech platform launched into the property market three years ago, enabling home buyers to secure property off the plan with minimum deposits starting at AUD10,000.

Coposit CEO Chris Ferris said the commitment was a step in the right direction to help get Australia’s housing market back on track.

“PAG is a key non-bank lender in the Asia-Pacific region and their acceptance of Coposit goes a long way in bringing new housing supply to the market,” Mr. Ferris said.

“Typically, developers need to achieve QPS between 50% and 60% of the project before they can unlock construction funding to proceed with construction.

“The commitment from PAG to accept Coposit sales as QPS sends a clear message to developers, and the market, that our simple and secure deposit model for buying off the plan has earned the confidence of some of the world’s most astute lenders.

“We have no doubt this will help see more projects out of the ground, and our purchasers into their new homes sooner.”

PAG has a 27-year history capturing investment opportunities across the Asia-Pacific and is the largest fully diversified alternative investment business in the region.

The firm has had a significant presence in Australia and New Zealand since 2010, investing in credit, real estate and private equity.

Coposit has onboarded more than 100 development projects across Australia with a combined end value of AUD9 billion. 

Mr. Ferris said this growth would continue in 2025, and beyond.

“This growth includes expanding our portfolio to 190 live projects, investing in existing and new tech products, and reaching the everyday Australians who are ultimately the beneficiaries of this solution, and empower them to achieve their property goals,” he said.

About PAG

PAG is a leading alternative investment firm focused on Asia Pacific with three core businesses: Credit & Markets, Private Equity, and Real Assets. PAG has been an active investor in Australia and New Zealand since 2010, with a focus on real estate, credit, and food and consumer sectors. PAG manages AUD90 billion in assets on behalf of some of the world’s leading institutional investors. For more information, please visit www.pag.com.

Contact

For further information:

PAG Communications

Email: pr@pag.com