South Melbourne, Vic
Office & Retail
Capital amount
$27 million
Yarraport was engaged to arrange funding for refinance of an established office building as well as construction of a boutique office building in two separate locations in Victoria.
The funding solution sourced involved a refinance and release of equity from the existing office building to support construction of the new project in a separate location.
Given the boutique nature of the new project the client desired to commence construction without any precommitments. Yarraport was able to secure a cost effective and flexible funding solution across the portfolio via two capital partners.