Melbourne CBD Land Acquisition
Service
Property Construction & Development Funding
Client
Property Group
Location
Melbourne VIC
The Challenges
Delivering a tailored land acquisition debt facility to acquire a strategic landholding in the Melbourne CBD legal precinct
Our Solution
Tendering a transaction that provided the sponsor with an adequate debt leverage ratio and facility tenure.
Achieved the sponsors requirements for preserving equity to assist with a proposed town planning program for 22 level mix used development comprising 24,000sqm of A grade office Space and 1,300sqm of retail.
Clients Result
EMK Thomas was able to provide an extended loan tenure, with extension option periods within the loan facility for additional flexibility.