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August 22, 2024
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Cedar Pacific Student Accomodation Porfolio, Melbourne
Cedar Pacific Student Accomodation Porfolio, Melbourne
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Client | Cedar Pacific |
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Budget | Undisclosed |
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Services | Property Advisory |
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Sector | Student Accommodation |
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Scope | New Build & Fitout |
Service Provided
Property
Advisory
Project Details
On behalf of the financier, Spectrum completed the project
due diligence ahead of financial close, reviewing key
documentation and providing input on project matters as
part of the finance documentation process. Following
financial close, Spectrum continue to assess monthly
drawdown claims and advise the financier on progress.
Overview & Approach
- To support the increased student numbers resulting from the expansion of the College, the catering facilities were replaced to meet future demand and provide upgraded facilities .
- The new facility addresses all functional issues including capacity, circulation, storage, equipment quality and capacity, ventilation, safety and finishes. It also includes replacement of the existing roof and a new lift to address access issues in the building.