As General Manager, Property Investment at UnitingCare Queensland, Alex Penson leads a professional team committed to delivering value through guiding strategic investment and development decisions for the organisation’s $1.5B+ property assets. Alex prides himself on transforming portfolios to deliver value, while maintaining an end user focus.
He is dedicated to extracting maximum value from investment activities, identifying opportunities for value sharing with residents, and ensuring that UnitingCare remains at the forefront of delivering quality senior living solutions.

A key focus is to position property as a revenue generating group within the UnitingCare organisation, while ensuring the needs of the community are being met. To achieve this, Alex is persistent, articulate and visionary in finding ways to continuously lead the organisation to realise the benefits of emerging opportunities while effectively managing risk. He draws on deep industry experience gained with UnitingCare and global real estate leaders CBRE and Colliers.
His team addresses property investment opportunities for all aspects of UnitingCare’s operations, from residential aged care, retirement living and affordable housing, through hospitals, commercial, retail, industrial and development sectors.