B2B CAPITAL NEWSLETTER - OCTOBER 2009
Commercial Finance
Welcome to our latest newsletter.
B2B CAPITAL HAS SECURED OVER $1.2 BILLION WORTH OF PROPERTY DEVELOPMENTS AS PART OF ITS JOINT VENTURE PROGRAM.
In this edition, we highlight B2B Capital's success in securing Joint Venture Transactions which includes various projects located in QLD & NSW, confirming a total end value in excess of $1.2 billion. These projects, once complete, will provide for over 1500 lots available to the market and will range from house & land packages, apartments and vacant blocks of land. Over the coming months, we will introduce these current projects via our monthly newsletter with this month providing details about the Yatala Stapylton Business Park project.
We will also cover the latest news on what's been happening in the finance industry as well as a snippet of our latest funding project located at Stapylton, refer below details, which recently settled and was financed through B2B Capital and is certain to be of interest to you.
We hope you enjoy the newsletter and as always, please contact us on 1300 728 796 if you have any questions or need our assistance with commercial finance.
Rates will rise as economy recovers: RBA
Reserve Bank of Australian (RBA) governor Glenn Stevens says it would be a mistake to be "too timid" to raise interest rates in response to a brigher economy.
Speaking at a breakfast function in Perth on Thursday, Mr Stevens said the period of greatest weakness in Australia was "probably past" and the risks of really serious economic weakness had "abated".
in that environment, the central bank governor said monetary policy needed to be "recalibrated" to reflect the changing circumstances...read more
Source: Sydney Morning Herald - 15 October 2009
Storm adviser didn't care, argues barrister
LAWYERS for the Storm Financial liquidators have accused one of the company's former advisers of not caring if the investment advice he provided to a retiring couple was based on inaccurate information.
The Brisbane adviser, Stuart Drummond, became involved in a heated exchange with the Worrells barrister Craig Wilkins when the Federal Court continued a public hearing in Brisbane yesterday.
The tussle came as Slater and Gordon announced it had filed its first NSW case against the Bank of Queensland on behalf of a Storm Financial client who lost his home when his investment in indexed funds plummeted...read more
Source: Sydney Morning Herald - 15 October 2009
Tweed development surges
CONSTRUCTION activity in the Tweed is pushing ahead at an unprecedented level, with major planned projects accounting for a significant percentage of the $11.75 billion of development pinpointed in the region, new research from Colliers International shows.
The Tweed Development Map, compiled by Colliers Gold Coast research manager Lynda Campbell, found while $3.4 billion of development was under way, there was a further $8.3 billion worth of projects in the planning stages.
Ms Campbell said the Tweed was one of the few areas in the Gold Coast-northern NSW region to have recorded an increase in development activity over the past year, with the figure a $2 billion increase on the $9.66 billion of projects in 2008...read more
Source: Gold Coast Bulletin - 10 October 2009
Yatala Stapylton Business Park
Yatala Stapylton Business Park consists of an island parcel of vacant commercial land. This property is located in a prime developing region of South East Queensland and is bounded by the Queensland's most travelled road system, the M1 Motorway.
The Business Park includes industrial units in a well established industrial precinct located in close proximity to the vacant land at 1 Eastern Service Rd. The units are designed to accommodate for multi use with ground floor office, mezzanine storage, rear bulk access to the rear, warehouse accommodation and ample car parking.
Services We Offer
B2B Capital has the ability to supply short term finance for acquisitions, refinance, development and construction for residential, commercial and industrial properties.
We can coordinate and structure finance packages to include the following:
- Senior debt
- Mezzanine funding
- Joint Ventures
This additional financial leverage can facilitate:
- Mergers and acquisitions financing
- An emerging growth opportunity
- A management or other leveraged buyout
- Corporate debt refinancing
- Recapitalization
- Commercial property development
Interest rates and fees associated with any loan approval will vary according to the type and complexity of the loan. All interest and fees will generally be capitalised within the loan facility.
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| B2B Capital I PO Box 1399, Milton QLD 4064 I Ph: 1300 728 796 | |
