Acquired a 12-hectare site, formerly used as an oil terminal, remediated the land to EPA standards and created an industrial business park for small and medium enterprises.
The 29-lot industrial subdivision was sold out within 10 months of completion with an end value of $27 million.
*Arranged and managed by Mark Davidson in his capacity as CEO of Trafalgar Corporate.
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Sale of the remediated industrial business park generated an IRR of 31 per cent.
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