News and Announcements
Newground Capital Partners announce successful investment exit in the month of June
- Published June 03, 2019 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Newground Capital Partners is proud to announce the successful exit of a land acquisition facility in the well-known precinct of St Kilda Road, Melbourne.
Newground provided funding to enable the borrower to optimise its capital structure, assist with the settlement of the site and fund pre-construction consultants.
“This transaction demonstrated Newground’s ability to actively manage and effect a successful outcome with returns being above forecast.”
– Daniel Erez, Managing Director
About Newground Capital:
Newground Capital Partners are real estate debt & equity partners. The company invests across all sectors of real estate development alongside proven sponsors who require additional capital to grow and execute their project pipeline. Newground provides investors with access to off-market proprietary deal flow, genuine alignment of interest via co-investment, combined with years of experience and a proven track record.
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