What disciplined investing looks like by Simon Worth

Back

At Westbridge, success isn’t defined by volume, it’s defined by access, selectivity, and conviction, because in this market, what you don’t buy matters just as much as what you do.

Over the FY26 period, our capital transactions team have been presented with around 400 investments opportunities, they have reviewed 86 of these opportunities in detail, representing approximately $2.35 billion of market activity across Australia.

This pipeline reflects our national reach, with opportunities sourced across all major states and sectors:

Description
  • QLD: 26 opportunities (30%)
  • VIC: 23 opportunities (26.7%)
  • WA: 21 opportunities (24.4%)
  • NSW: 10 opportunities (11.6%)
  • SA / NT / ACT: smaller but active pipeline
  • Industrial: 50 opportunities (58.1%)
  • Retail: 16 opportunities (18.6%)
  • Medical: 14 opportunities (16.3%)
  • Office: 6 opportunities (7.0%)

A key feature of this pipeline is access to off-market opportunities, which accounted for 57% of deals assessed, reflecting the strength of our national network and relationships. We progressed 32 bids, representing $888 million of capital tested, with 37.5% of bids originating off-market. From this, we completed 9 acquisitions for FY26, deploying $201 million.

Simon Worth Profile photo

Simon Worth

Head of Capital Transactions

Simon is a qualified Licenced Valuer with over 19 years of commercial property experience throughout Australia having spent a significant amount of his career working in Sydney and Melbourne. He has held senior roles with global and national real estate investment trusts in capital transactions and valuations. Simon is an Associate of the Australian Property Institute and holds two Bachelor of Commerce degrees from UWA (Finance and International Business Economics) and Curtin University (Property). As Westbridge’s Head of Capital Transactions, Simon is responsible for developing and implementing the acquisitions strategy across the fund portfolio.