Australand opens securitization account

Property investor''s debut securitization finds investors despite market conditions.

Australand, an Australian property developer and subsidiary of Singapore's CapitaLand, launched and priced its first securitization at the end of last week, a A$104.1 million commercial mortgage backed CMBS issue led by ANZ Investment Bank.

The deal is backed by pre-sale contracts for units in the yet-to-be completed Quadrant Off Broadway development, located near Sydney's central business district. The Quadrant is made up of residential apartments 65% of the project, commercial units 15% and student accommodation 20%....

To continue reading, please login or register for free

Click for more on: australand | opens | securitization | account

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...