Salvest is thrilled to announce that we have been able to deliver $43 million in funding for a development partner. The funding will be used on land and construction, for stage one of a major multistage industrial development site, located in Victoria.
Being able to obtain funding for this major development during the COVID-19 period, is an outstanding result. During this period, many developments had been on hold, due to the global economic downturn. Salvest is glad to assist in keeping Australia’s economy continuously moving.
“We are overwhelmed at the response of developers coming to Salvest to fund their projects. We are honoured that high calibre developers are choosing to work with us and glad that we can deliver on our developer partner requirements, throughout the entire development process,” said Anthony Ferraro, Managing Director, Salvest.
This announcement comes as the industrial development pipeline within Australia hits a 13 year high, as reported by the AFR.
Salvest is committed to making lending easy for developers, by providing the developers with capital quickly, easily and efficiently. If you are a developer looking for funding, please contact us for a confidential discussion.