• NewgroundCapitalPartners

Successful Investment Exit | Target Return Achieved

Newground Capital Partners congratulates Azure Development Group on the successful completion of ‘Ancassa’ apartments in Cannon Hill.

Newground provided a secured mezzanine loan to assist in the construction of the project working in co-operation with Westpac as the senior lender.

The investment was fully subscribed by both our Australian and Singaporean private clients who have now received 100% of their capital back and their interest return.

Newground looks forward to supporting Azure on its future pipeline.