$12.2m Strategic Land Acquisition
$12.2m Strategic Land Acquisition
Service
$12.2m Strategic Land Acquisition
Client
Property Development Group
Location
Melbourne VIC
The Challenges
Client group acquired a 1,870sqm Land holding in bayside Melbourne with a view to construct a high end apartment development.
Clients engaged EMK Thomas to seek a structured debt facility that provided them with suitable tenure and flexibility for the assets pre development program
Our Solution
EMK Thomas was able to suitably procure a debt facility which met all the sponsors requirements whilst preserving the clients equity position.
Client's Result
EMK Thomas was able to suitably procure a debt facility which met all the sponsors requirements whilst preserving the clients equity position.