MA Financial Group has formed a A$1 billion ($670 million) Australia Real Estate Credit Vehicle for institutional investors.
MA Financial will manage the vehicle and co-invest via equity and notes in the vehicle in an amount representative of 2 percent of total capital, up to A$20 million ($13.4 million). The vehicle will provide global institutional investors with unique access to Australia’s real estate credit market, funding high-quality developers and residential real estate projects.
Institutional investors will be offered to participate in the vehicle via a note issuance, with the first date on which notes are issued in the vehicle (first close) anticipa
