Grandlodge was launched as our property investment business, but has since become our umbrella investment vehicle.  Grandlodge is principally a counter cyclical acquirer of assets, having completed a number of corporate asset transactions over the last 10+ years.  The company invested heavily during the depth of the GFC, having liquidated 90% of its assets during 2007/2008 in anticipation of a substantial market correction. Grandlodge has investments in property, shares, Lanyon Asset Management (boutique Australian equity funds manager) and Immuron Ltd (Biotechnology Company).