CAPITAL PARTNERSHIP
Build with us. Share in what we build.
EBNI partners with wholesale investors, family offices and joint-venture capital to co-fund building and infrastructure projects across New South Wales — engineered, managed and delivered by the same team that designs them.
MIEAust
Chartered Engineer
PRE0002904
Registered Professional Engineer
In-House
Design · Project Management
NSW - Australia
Metro & Regional Delivery
Our Approach
A different kind of development partner.
Most property capital in Australia is intermediated — investors put money in one end, engineers and builders sit at the other, and returns are eroded by the layers in between.
EBNI closes that gap. We are structural, civil and geotechnical engineers first, running projects we ourselves have designed and de-risked. When you invest alongside us, you're not backing a marketing pitch — you're backing engineering judgment, held accountable through project-level SPVs and clear waterfall economics
01
Engineers on the cap table
Every project we raise capital for is one our own engineers have designed, costed and stress-tested. Skin in the game, not spreadsheet optimism.
02
Project-by-project SPVs
Each opportunity sits in its own special-purpose vehicle. Ring-fenced risk, transparent economics, no cross-collateralisation between deals.
03
Wholesale-only, deal-first
We offer to sophisticated / wholesale investors under s708 of the Corporations Act. No public fundraising, no retail promises.
04
Aligned waterfall
Investors are paid preferred returns before we take promote. Our upside sits on top of yours, not in front of it.
Investment Pathways
Three ways to invest with EBNI.
Each pathway is offered exclusively to wholesale and sophisticated investors within the meaning of s708 of the Corporations Act 2001. Indicative return ranges are targets, not guarantees.
PATHWAY 01
Project SPV Equity
Co-invest directly into the special-purpose vehicle that owns a specific EBNI development. Share in the residual profit after senior debt and preferred returns are paid.
Structure
Unit trust / SPV
Typical ticket
$100k - $2m
Term
18 - 36 months
Target IRR
13 - 20% p.a.
Distribution
On Project Completion
Risk profile: Higher. Equity capital ranks last on the waterfall — full downside exposure to cost, market and delivery risk. Suited to investors comfortable with capital-at-risk over a multi-year horizon
PATHWAY 02
Preferred Equity & Mezzanine
Fixed-return capital ranking behind senior debt and ahead of ordinary equity. Predictable income, secured by the underlying project, typically over a defined 12–24 month term
Structure
Pref units / mezz debt
Typical ticket
$250k – $5m
Term
12 – 24 months
Target IRR
10 – 13% p.a.
Distribution
Quarterly / on exit
Risk profile: Moderate. Ranks ahead of ordinary equity but behind senior debt; returns are contractual, not equity-linked. Suited to income-oriented investors seeking above-market yield with defined tenor.
PATHWAY 03
Joint Venture Partnership
Larger capital partners, family offices and landowners who co-develop with EBNI at project or programme level. Bespoke governance, shared economics, aligned promote.
Structure
JV / co-development
Typical ticket
$2m – $25m+
Term
Programmatic
Economics
Negotiated per deal
Distribution
Board seat available
Risk profile: Bespoke. JV partners share in development and delivery risk with governance rights proportional to contribution. Suited to institutional and family-office capital seeking programmatic exposure.
† Indicative target returns are pre-tax, net of fund-level fees, and are not guaranteed. Actual returns will depend on project performance and prevailing market conditions. See risk disclosures below.
IS THIS FOR YOU?
Who we're built for.
A good fit if you are
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A certified wholesale or sophisticated investor (Corps Act s708)
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Investing $100k+ per project, with a 12–36 month horizon
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Comfortable with illiquid, capital-at-risk property exposure
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Seeking direct alignment with the engineering and delivery team
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Interested in specific NSW building or infrastructure sites
Probably not right if you
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Are a retail investor without a s708 accountant's certificate
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Need daily liquidity or guaranteed capital protection
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Are looking for a listed REIT or ASX-traded product
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Cannot tolerate loss of some or all capital invested
-
Have not sought independent financial and tax advice
TRACK RECORD
Engineered by EBNI. Delivered on the ground.
A selection of projects designed, engineered or project-managed by the EBNI team, illustrating the type of work our capital partners back.
Bridges & Transport
Sydney Hybrid Bridge Proposal
Unsolicited government proposal combining road, rail and pedestrian crossing — currently in strategic assessment phase.
Infrastructure
Sector
NSW
Juristiction
Building & Structural
Mix-Use Building
Mixed-use structural engineering, Class 2/5 building. Concept-through-DA structural design and geotechnical peer review.
Residential
Sector
Delivered
Status
Public & Cultural
Ballet Building
Bespoke structural and façade engineering for a cultural building. Complex long-span geometry engineered in-house.
Class 9
Building
NSW
Location
The Process
From first conversation to distribution.
A deliberate five-step process designed to protect your capital and your time. No pressure, no forced timelines.
Step 01
Register interest
Complete the short form below. We'll respond within two business days.
Step 02
Qualify as wholesale
Provide a s708 accountant's certificate or equivalent evidence.
Step 03
Information memorandum
Receive project-specific IM with full financials, feasibility and risk register.
Step 04
Due diligence & docs
Legal review, subscription agreement, and independent advice — on your timeline.
Step 05
Fund & report
Capital call, quarterly reporting, and distribution on completion.
Governance & Risk
How we protect your capital.
Property development carries real risk. We don't pretend otherwise — we structure around it.
Independent trustee & audit
SPVs are administered with independent legal and accounting oversight. Financials are audited annually and reported quarterly to investors.
Senior debt discipline
We work only with established tier-1 and tier-2 construction lenders. Gearing is capped at conservative LVRs, with valuation covenants and monthly QS oversight.
Fixed-price where possible
Head contracts are procured on fixed-price / D&C bases wherever feasible to insulate the project economics from build-cost drift.
Ring-fenced SPVs
Each project sits in its own vehicle. A single project's underperformance cannot infect the returns of another, and there is no cross-collateralisation across deals.
Alignment through promote
EBNI's carry is subordinated to investor preferred returns. We only earn our upside once your target IRR has been achieved.
Insurance stack
Full professional indemnity, contract works, public liability and warranty insurances are held at project level in line with NSW licensing requirements.
REGISTER INTEREST
Start the conversation.
Registering your interest is not a commitment. We'll share our current investor pack and, if there's mutual fit, invite you into the qualification process for a specific opportunity.
Investor Enquiry
FAQ
Questions investors usually ask.
Our opportunities are available only to wholesale or sophisticated investors as defined in s708 of the Corporations Act 2001. In practice this generally means net assets of at least $2.5m or gross income of $250k+ p.a. for the past two years (certified by a qualified accountant), or investing $500k+ in a single offer. We will guide you through the certification process.
Target returns vary by pathway (see above). These are targets, not guarantees. Property development carries real risk of capital loss. Actual returns depend on project outcomes, market conditions at exit, cost movements, and delivery timing. Every information memorandum we issue includes a detailed risk register and downside sensitivity analysis.
Each project sits in a ring-fenced SPV with independent trustee, auditor and legal counsel. Senior debt is capped at conservative LVRs. Preferred-equity investors rank ahead of ordinary equity on the waterfall. That said, no structure eliminates risk — you should be prepared for the possibility of partial or total loss of capital.
We charge a project-level management fee (typically 1.5–2% p.a. of committed capital) and a performance promote that only vests once investor preferred returns are met. Fees are disclosed in full in each information memorandum before you commit.
Yes, provided the SMSF meets the wholesale-investor test in its own right and the investment is consistent with your fund's investment strategy and sole-purpose test. We strongly recommend obtaining licensed SMSF and tax advice before proceeding.
Not very. These are illiquid, closed-ended positions. Capital is typically locked in until project completion (12–36 months depending on pathway). There is no secondary market. You should invest only capital you can afford to have tied up for the full term.
Ahmad Samadi, Principal Engineer & Director, personally handles all initial investor conversations. Submit the form above or call the head office on 02 7820 5000.
IMPORTANT INFORMATION & DISCLOSURE
This page has been prepared by Engineering Building & Infrastructure (EBNI)
and is intended for general information purposes only. It does not constitute an offer, invitation, recommendation, or solicitation to subscribe for, purchase, or otherwise deal in any financial product, security, or interest in a managed investment scheme.
Investment opportunities referenced on this page are, or will be, offered only to persons who qualify as
WHOLESALE CLIENTS
OR
SOPHISTICATED INVESTORS
within the meaning of sections 708(8), 708(10), or 761G(7) of the Corporations Act 2001 (Cth). No offer will be made to any person who does not so qualify.
Any target returns, IRRs, timeframes, or forecasts referenced are indicative only and are not a promise, guarantee, or forecast of actual returns. Property development involves substantial risk, including risk of delay, cost overrun, market movement, and partial or total loss of capital. Past performance is not a reliable indicator of future performance.
The information on this page is general in nature and does not take into account your personal objectives, financial situation, or needs. Before making any investment decision, you should obtain and consider the relevant information memorandum or offer document and seek independent legal, tax, and financial advice from appropriately licensed advisers.
EBNI is an engineering firm. To the extent that any financial product is offered, it will be structured and issued through appropriately authorized entities, and full disclosure will be provided prior to any subscription. Enquiries via this page do not create any legal, fiduciary, or contractual relationship between you and EBNI.
This website is not directed at, and the information on it is not intended for distribution to or use by, any person or entity in any jurisdiction where such distribution or use would be contrary to local law or regulation.