Media release: KCL Law advises Monark on senior construction facility for large commercial development in Collingwood

Jun 3, 2020

KCL Law’s Banking and Finance team recently advised Monark Property Partners on the senior construction facility provided for a large commercial office development located in Collingwood, Victoria.

The property recently achieved approval allowing for construction to commence on the high-end development, which incorporates commercial office and retail space, and is expected to be brought to market next year. The financing was executed within a tight time frame, and involved advising Monark in connection with a complex capital structure that was required for the project.

The transaction was led by Trent Chugg, Special Counsel, and supported by Ilan Kraus, Principal Lawyer and Head of Banking and Finance, and Lawyers Sophie Boyd and Chantelle Alberico.

Trent Chugg commented on the transaction: “Congratulation to Monark for delivering the senior financing package for this project in challenging market conditions — we were delighted once again to assist the Monark team.”

For more information

For more information, or to arrange an interview, please contact Stuart Giles, Business Development & Marketing Manager, or (03) 8600 8822.