A stretched land acquisition facility was provided to support the developer during the planning process and prior to a permit being issued and construction starting. This enabled the developer to maximise their opportunity for the site.

The investment enabled the developer to acquire a significant site in the centre of Devonport and allow them to collaborate with the local council on the planning outcome to redevelop the existing showgrounds site. The Occasio Fund investors received a great risk adjusted return in a short period of time.