Finger Wharf Woolloomooloo, NSW.
Cowper Wharf Road, Woolloomooloo
PPG Appointment: Financial Adviser – feasibility and tenancy mix
Undoubtedly one of the most notable foreshore changes ever undertaken in Sydney.
The development was undertaken as a joint venture between Walker Developments and Multiplex Constructions. The development included over 300 residential apartments , 110 bed boutique hotel and restaurant strip that has become one of Sydney’s must go places.
PPG advised Multiplex Constructions on the design, construct and finance structure including feasibility, project staging, mix of uses and assisted in arranging project finance.
The finance structure designed around an appropriate project staging, supported by strong presales, allowed the joint venture partners to highly gear the project thus significantly improving their respective return on committed equity.