[SWP] 102-120 Wakefield Street | 65m | 14lvls | Office

All high-rise, low-rise and street developments in the Adelaide and North Adelaide areas.
Message
Author
cmet
Gold-Member ;)
Posts: 55
Joined: Tue Mar 20, 2018 3:03 pm
Been thanked: 31 times

[SWP] Re: 102-120 Wakefield Street | 65m | 14lvls | Office

#241 Post by cmet » Mon May 13, 2019 1:42 pm

ghs wrote:
Ho Really wrote:
Sat Feb 16, 2019 4:28 pm
We know Samaras can whinge but let’s give him some credit. He has balls putting up buildings without tennants.

Cheers
How does Samaras get finance for this when he doesn't have tennants ?
Probably a big chunk of equity

how good is he
Legendary Member!
Posts: 842
Joined: Thu Jan 24, 2013 1:26 am
Been thanked: 42 times

[SWP] Re: 102-120 Wakefield Street | 65m | 14lvls | Office

#242 Post by how good is he » Mon May 13, 2019 2:07 pm

I'm pretty sure he sold the student accomm building next to Adelaidean to some super fund etc may have used the profit from that....

Jaymz
Legendary Member!
Posts: 501
Joined: Sat Mar 22, 2014 5:12 pm
Has thanked: 30 times
Been thanked: 65 times

[SWP] Re: 102-120 Wakefield Street | 65m | 14lvls | Office

#243 Post by Jaymz » Thu May 16, 2019 9:31 am

Good on him I say, some local entrepreneurial spirit taking a punt on the Adelaide market. I hope it succeeds.

From memory it was a similar story with 115 King William Street, it'd be interesting to know how much of that building is now leased.

Dvious
Legendary Member!
Posts: 560
Joined: Wed Aug 17, 2011 11:46 pm
Has thanked: 2 times
Been thanked: 26 times

[SWP] Re: 102-120 Wakefield Street | 65m | 14lvls | Office

#244 Post by Dvious » Thu May 16, 2019 1:58 pm

ghs wrote:
Mon May 13, 2019 10:51 am
Ho Really wrote:
Sat Feb 16, 2019 4:28 pm
We know Samaras can whinge but let’s give him some credit. He has balls putting up buildings without tennants.

Cheers
How does Samaras get finance for this when he doesn't have tennants ?
Because maybe he decided to do something with his life instead of complaining about everything. Not everyone relies on banks for finance.

Post Reply

Who is online

Users browsing this forum: Google [Bot], Majestic-12 [Bot] and 9 guests