LEADING WEALTH manager Atlas Advisors Australia has taken a joint stake in key domestic tourism asset, Hunter Valley Zoo at Nulkaba, NSW.
Atlas Advisors Australia is the sole co-investor in ASX-listed Elanor Investors Group’s Elanor Wildlife Park Fund which purchased the property, bringing the total value of the fund to $60 million.
Atlas Advisors Australia is also joint shareholder in Elanor Wildlife Park Fund’s two other iconic wildlife park assets, Featherdale Wildlife Park, in Western Sydney and Mogo Zoo at Batemans Bay on the NSW South Coast.
Atlas Advisors Australia executive chairman, Guy Hedley said Atlas Advisors Australia Hunter Valley Zoo was a prime tourism and real estate asset that would thrive in the long-term.
Nature-based and eco-tourism is a rapidly growing sub-sector of the tourism industry in Australia and around the world, he said. Hunter Valley Zoo boasts an amazing diversity of native and exotic wildlife including koalas, kangaroos, lions, giraffes, meerkats, monkeys and reptiles.
“Wildlife parks and zoos have remained resilient and profitable despite COVID-19 posing the greatest challenges the Australian tourism sector has ever faced,” Mr Hedley said.
“Individuals and families are keen for outdoor adventures that connect them with nature and our unique environment while also providing life-long educational experiences.”
Atlas Advisors Australia would continue to leverage its valuable relationship with property experts Elanor Investors Group to expand its tourism and tourist-property assets.
“We are looking forward to taking on more opportunities in this thriving tourism subsector while also expanding our asset portfolio to include nature retreats, luxury resorts and high-quality hotels,” Mr Hedley said.
Mr Hedley said it was also notwithstanding that Australia’s borders would remain closed until mid-2022.
About Atlas Advisors Australia
Atlas Advisors Australia is a leading funds manager, operating between China and Australia. With operations in Sydney and Melbourne in Australia and Hong Kong, Atlas is able to support investors in all China and Australia locations.