$185M
700 Lots
Armstrong Creek (VIC)
A direct equity investment was made to secure a joint venture with one of the largest private developers in Victoria. This enabled the developer to secure capital to develop the master planned community in a timely manner and enhance the returns for both the Occasio Fund investors and the developer ensuring a full alignment of interests.
Given that Occasio have significant development and funding experience, they were able to participate at the monthly Project Control Group meetings and enhance the overall returns working closely with the development team. The Occasio Fund investors also secured the opportunity to invest in a multiyear project.
FACILITY TYPE
Equity Joint Venture
GROSS REALISATION VALUE
$185M
OUTCOMES
700 Lots
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