Nigel Satterley is competing with retail veterans such as Sam Gance for the wealth and attention of family offices and high net worth individuals as he drums up new investors to back up to $1 billion a year of new commercial retail and medical centre property developments.

Satterley, the country’s biggest private developer of residential land, said he and a pool of long-term investors currently held $600 million worth of commercial assets as long-term plays and he wanted to develop at least as much again each year.

Loading…