Issue 51 | The Property Development Review

The Interview - EXCLUSIVE

THE PROPERTY DEVELOPMENT REVIEW

SCAN OR CLICK TO WATCH THE VIDEO INTERVIEW IN FULL 63 MINUTES

ROBERT COSTA

With Rob Langton

COSTA ASSET MANAGEMENT

Today, Costa Asset Management (CAM) functions primarily as an investment office with a diverse portfolio of assets across fixed income, private equity, venture capital, commercial property investment, property development & international real estate. In addition to Costa AM, Robert & the late Anthony Costa jointly founded their philanthropic enterprise, The Anthony Costa Foundation in 2011 which seeks to make a positive impact in the communities in which the family operates in through providing grants, strategic advisory & resources to a range of causes including homelessness, food insecurity, opportunity in education and mental health. Outside of his corporate interests, Robert has also variously held a number of professional roles including Mayor of Geelong West, Chair of Monash & RMIT University’s Global Reconciliation bodies, Chair of the Geelong Region Innovation and Investment Fund, Director of the Geelong Performing Arts Centre Trust & Life Governor of the Barwon Health Foundation. In this exclusive, in-depth interview, Robert shares the insights & achievements behind his distinguished four-decade plus career as well as the fundamentals involved to achieve sustained success in both business & life.

In a rare & exclusive profile, Founder of Costa Asset Management & high-profile member of the revered Costa Family dynasty, Robert Costa joins our series on this episode to discuss his diverse professional career which extends across wholesaling, retail, commercial property investment & philanthropy. The son of Sicilian migrants who commenced their grocery business with the purchase & evolution of Geelong’s Covent Garden in the mid 1930’s (originally established in 1888), Robert was born in Geelong and attended St Mary’s Primary School & later, Lovely Bank’s Chanel College. Upon graduation, he joined the family’s rapidly expanding Costa Group fresh produce business in the 1970’s alongside his brothers Frank & Anthony, with the company rising to become Australia’s largest horticultural and fresh produce supplier over the course of the next four decades. Following more than thirty years in a variety of management positions within Costa Group that focussed predominantly on managing the firm’s asset base & liquidity position, Robert launched a new venture, Costa Asset Management, in 2011 alongside his brother Anthony.

April / May 2024 – 7

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