11 May 2026
Wingate has closed a $29.35 million senior construction facility in the Greater Geelong region supporting the continued delivery of a multi stage residential subdivision, together with a residual stock facility to support the orderly sell down of completed titled lots.
The package funds current construction stages, including delivery of 79 lots, provides a land tranche for future stages and supports an orderly sell down process for completed stock.
Delivery is well advanced, with multiple stages completed and strong sales and settlement outcomes achieved to date.
“Projects with proven delivery performance and sustained owner occupier demand continue to attract capital. We look for clear evidence of progress and the capability to carry that momentum forward.” – Jamie Kay, Executive Director, Property Origination