OCP Asia provides funding for Australian house-and-land project
Published: 07 November 2018
Hong Kong based OCP Asia provided a $70 million loan to Welsh Group to fund a new house-and-land project in Melbourne, Australia. The financing will support the development of 400 lots and an apartment site in Melbourne. OCP Asia previously provided a $105m loan to finance Welsh Group’s development of a 1300-lot house-and-land estate, also in, Melbourne.
Source: https://www.aima.org/uploads/assets/uploaded/12558e4c-cbc3-4418-9fc6e86d67cc8e3d.pdf