Shopping Centre Acquisition
1 December 2018
Greater Western Sydney, NSW
Shopping Centre Finance
Our existing client won a fiercely fought EOI campaign to purchase a near new shopping centre.
The Brokerage arranged a new facility which was incorporated into the clients existing retail portfolio with the Lender. The Brokerage arranged revaluation of other portfolio assets to minimise equity outlay resulting in 100% finance of the purchase price.
Despite the tightening credit environment, The Brokerage was able to negotiate a five (5) year interest only term at a margin of 2.15% over BBSW (1.90%).
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