Us ...

History

The Southern Cross Equity Group (SXEG) has been operating in South Australia since 2014. It’s prime focus is on commercial retail properties.

The group currently has five shopping centres in its portfolio. For each asset, a trust is formed under the SXEG banner.

Wholesale investors are advised of the opportunity and invited to participate.

Philosophy

SXEG currently has over 120 investors many of whom are involved in multiple projects. Importantly, the SXEG directors are themselves major unit holders in each of these assets and are highly motivated to achieve optimum returns.

SCEG is focussed on returns rather than fees. SXEG does not require asset churn associated with the 'fee-only' model. This is particularly true at the moment with the market experiencing significant yield compression (high prices) although this is begining to abate with higher funding costs.

The SXEG model is built on building value and generating solid cash flow. Our investments are long-term but investors are able to opt out ahead of a sale.

Our Details

Southern Cross Equity Group

ACN     147 058 946
ABN     85 147 058 946
AFSL    412862

Post       PO Box 3373, Rundle Mall, SA 5000
Phone     08 8212 1420
Email       directors@sxegroup.com.au

The Board

Peter Tunno

Having spent over 45 years in the property industry in various capacities, Mr Tunno is a leading property consultant and investor.

Mr Tunno’s 23-year career with Coles Myer culminated in his appointment in 1992 as National General Manager of Property for Coles Supermarkets. Managing state-based senior managers, Mr Tunno was responsible for managing all Coles Supermarket sites throughout Australia.

This included leasing negotiations with landlords, property management, negotiations with tenants, site appraisal and selection, development feasibility, analysis of investment returns for holding company and negotiations with shopping centre developers.

Stuart Spencer

MB(Mktg.), BDS, FAMI, FAICD, CPM

Stuart plays a key role in applied modelling, forecasting, risk management and acquisition of investment opportunities for the Trustee.

He is based in Melbourne. He has a long and successful corporate career including a number of CEO positions.

His commercial property activities began in the mid-1980s. In 1998, he teamed up with fellow director of the Trustee, Peter Tunno to make a number of joint property acquisitions in Adelaide as a precursor to the formation of the syndicate group (SXEG).

Michael Ruggier

ACA, CTA, Diploma of Financial Services

Michael is a chartered accountant, and has over 30 years’ experience in accounting, taxation and business advisory functions. His current position is director of the Adelaide office of chartered accounting firm Bentleys, a member firm of the Bentleys National Association of accounting firms.

Michael was previously a founding partner of RDC Partners, an accounting and business advisory firm that grew to become one of Adelaide’s largest boutique firms. His clients include some of South Australia’s most prominent property investors and property-owning families, as well as investor groups of various sizes.

David Demasi

FIPA

David Demasi is the founding Director of the DBD Group, a group of diversified financial services businesses incorporating DBD Accountants, DBD Finance and DBD Private Wealth providing advice, CFO services and finance to SME’s and large Not for Profit organisations.

David has 30 years’ experience in the corporate and private practice environment and has established, grown and sold numerous businesses in that time.

David has been an investor with the syndicate group (SXEG) for 6 years before joining the company and brings his strong background in financial control and corporate governance to the group.