June 20, 2020

Alfasi Secures Construction Funding for Cremone Office

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Alfasi Group has moved forward with plans to continue building an office tower in Melbourne after securing additional funding during Covid-19.

The development group self-funded the initial stages of construction for the nine-storey commercial building at 510 Church Street, Cremorne in mid-2019.

Alfasi then made a $150 million structured finance deal with Merricks Capital to finalise the build by the end of 2021 with Victorian-based Kane Constructions.

Click here to read this article in full as published by the Urban Developer.

Written by: Renee McKeown

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