Pallas Capital

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Private Non-Bank Lenders

Company News

Australian property market wrap: 14 November 2023

Today’s wrap strongly features Brisbane listings and transactions.

Fortis approved for $170M Woollahra development

Residential project to include $20m restoration of 1800s theatre

Real Story: Steve Lawrence of Pallas Capital

Mr Lawrence shares a unique insight into the world of non-bank lending

Pallas Capital reaches $2B underwritten transactions milestone

$1.1 billion of these transactions have occurred during the past 12 months alone

Pallas Capital launches new PFT Feeder Fund

Comes as Pallas’ investors wished to reduce risk profile without significantly reducing yields

Fortis secures planning approval for $50m South Melbourne development

Site was acquired last year for circa $12 million

Bronte site acquired by Fortis for $125M project

The Hewlett Street asset was acquired for $44 million

Pallas hits $100m underwritten transactions milestone

The Pallas Funding Trust was only established in November 2021