June 20, 2020

Alfasi Secures Construction Funding for Cremone Office


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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