Our History

Evolving and constantly growing

Founded in 2000, EG has grown rapidly, constantly evolving to find better ways to unlock value for the property industry.

EG, led by Chairman Michael Easson and CEO Adam Geha, began with an initial focus on achieving highest and best use for land through rezoning. This experience coupled with the unique ability to foresee growth potential, resulted in the launch of funds management services in 2004. EG now hold five active mandates with $2.8 billion in assets under management and a strong development pipeline.

EG Property Advisory, led by Shane Geha, continues to advise on some of the most difficult and high-profile rezoning opportunities in Australia, achieving ‘highest and best use’ for clients property portfolios.

About the founders

EG founding members bring a wealth of knowledge and experience to guide and lead the EG team.

  • Michael Easson

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    As Chairman, Michael sustains EG’s vision and strategic direction, maintaining a strong engagement with our projects.

  • Adam Geha

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    CEO, Adam Geha, is hands on leading and training the team on transactions, development and business growth.

  • Shane Geha

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    As Managing Director of EG’s Property Advisory business, Shane advises and supports a range of clients on their rezoning projects.

Timeline

Follow how we’ve thrived since establishment.

2000

EG was founded by Dr Michael Easson (AM), Dr Shane Geha and Adam Geha

2001

EG rezones Pindari site in Randwick, Sydney (University of New South Wales)

2003

First fund, Epping Rail Link (ERL) is launched

2004

Perth Rail Link (PRL) is launched based on the insight to follow the rail infrastructure in Western Australia

2006

Institutional investors join the Yield Plus Infrastructure (YPI) No 1

2010

EG Developments is established and commences ‘The Canterbury’ in Melbourne

2012

EG purchases a share in Willow, a global property technology company

2013

EG Developments delivers ‘The Canterbury’ in Melbourne

2014

EG launches its Core Plus Fund with restructured fees and co-investments to create ‘Absolute Alignment’ with investors

EG Developments commence work on The Flour Mill of Summer Hill

2015

EG Developments simultaneously commences ‘Bosco’ at Five Dock in Sydney and ‘Tempo’ at Drummoyne in Sydney

2016

Yield Plus Infrastructure (YPI) No 2 fund launches off the back of the success of its predecessor

2017

EG Developments delivers ‘Bosco’ at Five Dock, Sydney and soon after commences ‘The Herald Apartments’ in Newcastle

2018

EG and Bright Matter Advisory launch Nebula Ventures, a value-add venture capital fund, focused on partnering with companies within PropTech, FinTech and HealthCare

EG Developments delivers ‘Tempo’ in Drummoyne, Sydney

2019

EG launches Australian Core Enhance (ACE) fund, EG’s first open-ended fund

EG closes CPF No.1 delivering returns to investors of well over 20% IRR

EG Developments delivers The Flour Mill of Summer Hill and is awarded Development of the Year Award for New Communities by The Urban Developer.