KCL Law recently advised Primefield Property Pty Ltd on the financing for the construction of Hotel Indigo Adelaide Markets — Adelaide’s newest boutique hotel.
The 16-storey development is being financed by National Australia Bank, who were advised by Corrs Chambers Westgarth. The financing also refinanced a number of other property and corporate facilities held by the Primefield Property / Expconti Group.
The transaction was led by our Banking and Finance team. Damien Simonetti, Principal Lawyer, and Jaimi Johanson, Lawyer, in KCL Law’s Construction and Infrastructure team, also advised on the transaction.
KCL Law was delighted to have advised the team at Primefield Property in connection with this prestigious development, which promises to be a fantastic addition to Adelaide Central Markets.
Dan Larkey, General Manager of Primefield Property, commented: “We are looking forward to the opening of our Indigo Hotel Adelaide Markets project later this year. I thank the team at KCL Law for their professionalism and advice in assisting Primefield secure finance for this landmark project.”
Based in Victoria and part of the Expoconti Group, Primefield Property’s primary focus is in property development.
For more information
For more information, or to arrange an interview, please contact Stuart Giles, Business Development & Marketing Manager, sgiles@kcllaw.com.au or (03) 8600 8822.