Welcome to One Five One. We see opportunities and potential where others often don’t – realising the highest and best use of undervalued assets. Our success stories can be experienced throughout Australia and New Zealand as we continue to transform unlikely places and spaces into iconic locations fit for work, life or play.
We add long-term value to properties throughout Australia and New Zealand, through the application of commercial strategies and creative execution. Starting out as Valad Property Group (VPG) we listed on the Australian Stock Exchange in 2002. The focus on value added investment has been the foundation of our success.
The privatisation of our business in 2011 gave us the backing of Blackstone – one of the largest real estate investors in the world today. Our first purchase under Blackstone, 151 Castlereagh St, reflected their “buy-it, fix-it, sell-it” philosophy and our value add skills. By successfully transforming an asset the market put in the ‘too-hard basket’, we both acknowledged our past and embraced our future. This competency remains the cornerstone of everything we do today.
In 2015, the sale of our European business and merger with Blackstone’s Australian retail platform created an opportunity to cement these intrinsic capabilities in our new identity as ‘151 Property’.
Each of our properties is unique, yet each is an example of the discerning approach we take to investment. We search low and high for opportunities to transform unsuspecting locations into sought after landmarks. Take a closer look at the properties we’ve worked on to see how we’ve created new value for tenants, customers and investors alike.