Pindara
Pindara
Origination
OPP-109DeclinedClosed

458 Gympie Rd, Preston

Meridian Developments · Brunswick, VIC

Edit
Amount
$51,200,000
Structure
Senior · Debt
Stage
01 Screening
Received
31 May 2025

Request details

Sector
Retail
Project type
Neighbourhood Centre
Business plan
Re-position & Sell
Capital purpose
Investment
Investment
Debt
Facility type
Senior
Amount
$51,200,000
Refinance
No
Target close
Location
Brunswick, VIC
Rating
Medium

Notes & files

OD
Origination Desk31 May 2025

Declined at screening — Overpaid for the site. No further action.

Documents
UI preview
Information Memorandum.pdf4.2 MB
Financial model.xlsx1.1 MB
Heads of Terms.docx320 KB

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Pipeline workflow

Progress through the origination gates

  1. Received

    Complete
    Date received: 31 May 2025
  2. Deal screening

    Declined
    Overpaid for the site
  3. Indicative terms

    Pending
  4. Term sheet

    Pending
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received31 May 2025

    via Sponsor Direct

  2. Note added31 May 2025

    Declined at screening — Overpaid for the site. No further action.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Sponsor Direct
Introducer
Contact
Nathan Brooks
Deal lead
Daniel Hsu