At Drapac, we identify opportunities through unorthodox means and focus on the crucial balance between risk management and performance. We have consistently outperformed the broader market and achieved a premium track record of returns across multiple asset classes. With a proven growth trajectory, including expansion into the U.S. in 2011, our current portfolio includes over 12,000 acres of land across multiple markets, with a gross development pipeline of over U.S. $8 billion.
The dynamic nature of the world’s property markets continuously presents compelling investment opportunities. To capitalize on this, we strategically identify undervalued property markets and target development sites — both urban high-rise and master-planned suburban land in select cities.
The Drapac Investment Model is a scientific approach to property investment that focuses on identifying opportunities offering significant upside potential, with minimal downside risk. Further, throughout the lifecycle of each investment, we ensure returns are maximized through proactive management and the efficient execution of value-add strategies.
Drapac Capital Partners is managed by a multidisciplinary team of property executives with international experience, and an established track record of investment performance.
Founder & Chairman
Bachelor of Science, Biochemistry and Pathology – Melbourne University
Michael is a 30-year veteran of the real estate industry and is renowned for his ability to identify economic and market trends. Since 1987, he has successfully invested and developed commercial, industrial and residential projects in Australia, Asia and the U.S. Michael’s reputation in the industry is formidable and has been built on delivering consistently high returns with low risk, through an unconventional investment model and philosophy. He holds a number of directorships and board positions in both property and health fields and has won numerous development industry awards for his commitment to sustainable developments. As Founder & Chairman, Michael consults on all aspects of the business, and is the driver of investment mandates and strategies.
Chief Executive Officer
Bachelor of Commerce, Accounting and Finance – Monash University
Member of Chartered Accountants Australia and New Zealand
Costa brings over 15 years experience in funds management, taxation, corporate structuring and debt raising. Early in his career, he worked in London for one of the world’s largest financial institutions, and held a senior role at Pitcher Partners in Melbourne, one of Australia’s leading consultancy firms. During this period, he worked with middle market and private businesses, advising high net worth clients and family offices. After serving as a consultant to the Drapac Group for several years, Costa joined the Drapac Capital Partners executive team in the U.S. in order to establish the funds management business. As of June 2016, Costa was appointed to CEO where he is responsible for day-to-day operations, actively managing the investor base, and rigorously executing on investment and corporate strategy.
Chief Operating Officer
Bachelor of Commerce – Monash University
Master of Property – Melbourne University
Sebastian has over 10 years of real estate funds management and transactional experience across Australia and the U.S. Prior to joining the executive team in 2011, he held a senior position at a world-leading brokerage firm in Melbourne where he represented both private and institutional clients. Sebastian was instrumental in the inception of the U.S. business, where he worked on the ground establishing the framework of multiple business units. As COO, his focus now is overseeing the operations of Drapac Capital Partners, and has an active involvement in strategic direction, investment mandates and disposals.
Executive Director - Property
Bachelor of Applied Science, Property (Honors) – RMIT University
Diploma of Building and Construction – RMIT University
Alex joined the Australian team in 2010 and was integral to the establishment of the U.S. business. With over 12 years of experience, Alex specializes in construction, project management and real estate investment. Prior to Drapac Capital Partners, Alex worked for a prominent Melbourne-based development company with a focus on acquisitions and development. Alex now vigorously drives the due diligence team, who are responsible for the processing of investment opportunities and the management of risk across the portfolio.
Executive Director - Property
Bachelor of Property and Construction – University of Melbourne
Master of Property – University of Melbourne
Max has over 10 years of experience in real estate spread across the Australian and U.S. markets, in both funds management and brokerage. Prior to joining Drapac Capital Partners in 2014, Max held a senior position at CBRE; the world’s largest real estate services firm, representing Australia’s leading institutions and private clients, where he developed a formidable reputation. He has been integral to the growth of Drapac Capital Partners’ U.S. real estate portfolio and the establishment of the business in the southeast. His core focus is on the identification and acquisition of opportunities that fit the investment mandate and drives sourcing, negotiation and market analysis.
Founded by Drapac Capital Partners, St. Bourke is a leading asset management and development company specializing in residential land and community development. The company caters to institutional and private portfolios, and manages significant land holdings around the U.S. – from urban projects to large-scale and master-planned communities.
EF Education First – Drapac is an American cycling team competing at the highest level of the sport, including the Tour de France. Drapac Capital Partners co-owns and sponsors the team, and Chairman Michael Drapac has been involved in the sport for over 15 years. Michael established the team’s Wellbeing Program, a “sustainable athlete model” that focuses on both the professional and personal development of riders.
A boutique development group focused on creating timeless projects rich in community and identity.
The Drapac EF p/b Cannondale Holistic Development Team is an Australian UCI continental cycling team. Team Owner Michael Drapac places importance on both athletic achievement and personal development. The team’s domestic and international race program is fully adapted to incorporate higher education, alongside specialized expertise to support physical health and wellbeing. Drapac EF’s program is also designed to keep athletes closely linked to their family, friends, and local community.