On 30 September, CFMG Capital completed the acquisition of the highly sought after 1.2 hectare development site as per the terms of the contract. The site was secured earlier in 2019 and a Development Approval was secured before settlement and the development team are now preparing to commence initial works prior to Christmas.
This completed acquisition extends the CFMG Capital forward pipeline of projects to an end value in excess of $300 million, with the team continuing to look to identify further opportunities into 2020.