Nicholas Sproats

Nicholas
Sproats

Chief Executive Officer
Fortius Funds Management

Nicholas joined Fortius in 2008 after returning from a career with ABN Amro in New York and London. Nicholas has more than 18 years’ experience in Investing in institutional property, both direct and listed. Prior to ABN Amro Nicholas worked at BT Funds Management. Nicholas holds a Bachelor of Commerce from Sydney University, a Graduate Diploma in Applied Finance from the Securities Institute of Australia.

Expertise

No areas of expertise

Property goes down when rates go up, right?

Nicholas Sproats

Not really. Show More

Join the conversation

Property inventory is rising

Nicholas Sproats

In assessing the property price outlook, it’s really just looking at first principles of supply and demand. From my perspective, there’s no ‘ah-ha’ statistic or ‘bucket of dead canaries’ as such. However, CoreLogic recently released figures that showed that across Australia’s capital cities there is 4.4 months’ worth of properties... Show More

residential property

The Only Australian Value REIT

Nicholas Sproats

Heather Ridout (Australian Super Chairperson) has been banging the table on gender diversity at the board level of Australian companies, and right she should. Only 22% of Australia’s top 200 listed companies have women on their board – not a majority, not the Chair, just at least one – and... Show More

Don’t get hung up on property 'headwinds'

Nicholas Sproats

We constantly hear about the headwinds facing retail property. The headwinds, the headwinds, oh the headwinds – it’s like Tim Bailey got caught on loop. Lets face it, there aren’t many businesses that aren’t operating in headwinds - it’s called competition, it’s called capitalism – and for all those pedalling... Show More

My Kids Can't Afford The Rent

Nicholas Sproats

There’s a residential real estate affordability problem (I’m not fond of the word ‘crisis’ because not many things really are a crisis) in this country. Affordability, no matter what the good or service, is generally due to scarcity, or to put it another way demand supply imbalance. How do you... Show More

Join the conversation

Bad year ahead for residential property

Nicholas Sproats

My outlook for Australian residential property in 2017 is that it is NOT going to be good year. We’ve had a monumental rise in the sector over the last 3 years. Sometimes this kind of run can go on for a fourth year, but the gradient is concerning. Like with... Show More

Join the conversation

Uber - Driving Property Prices Up

Nicholas Sproats

The “Uberisation” of the world is creating planning outcomes that are reducing the requirement for ‘in-block’ car parking. This is driving up the demand for inner ring real estate where occupiers are more attracted to apartments that don’t come with the extra say $50,000 - $150,000 for the car space... Show More

residential property ASX:MGR Longform uber

Join the conversation