“With US$4.45 billion investment from China into Australia’s commercial real estate sector last year, ACTVENTURE was met with keen interest by China-based investors and was a major talking point. Further discussions with several interested parties are in progress,” said Sam Biggins, Director Investment Services and Queensland Head of Asia markets for Colliers International.
Representing ACTVENTURE at the roadshow was SanCap Finance, the company with the exclusive mandate to raise capital for SANAD’s ACTVENTURE project.
“SanCap Finance was launched to become ACTVENTURE’s investment vehicle mandated to raise equity and debt to fund further development stages of the project,” said David Baird, chief operation officer at SanCap Finance.
Over 350 guests were present over the five forums included private, high net worth and family office investors, institutional and private equity investors and tourism and leisure operators. These included Fosun, Apollo, Crest Capital Asia and Merlin Entertainment, amongst many others.
“The US$450 million ACTVENTURE project in Australia’s Sunshine Coast is a first of its kind active and family adventure park that will attract visitors from Asia, and more specifically from China,” continued Baird. “We look forward to building solid partnerships across the continent.”
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