Parwan
Overview:
Innovista Group was engaged to provide consulting and advisory services for the acquisition of a broadacre farmland site in Parwan, which falls under the Future Parwan Employment Precinct Structure Plan. The client sought to secure this strategic landholding for farming purposes but also future potential, but the transaction involved multiple complexities, including nominee sale negotiations and significant risk factors related to environmental concerns.
Innovista Group’s Role:
Innovista Group provided comprehensive Consulting, Due Diligence, and Corporate Structuring Services throughout this complex transaction. The team’s ability to navigate intricate nominee sale agreements and manage cross-border partnerships was critical in delivering a successful outcome for the client. Furthermore, Innovista’s strategic approach allowed the client to mitigate significant risks associated with environmental regulations while ensuring that their investment was protected. The team’s expertise in structuring deals involving multiple stakeholders and managing high-risk elements was instrumental in securing this valuable landholding for future development.
Outcome:
The Parwan Employment Site acquisition demonstrates Innovista Group’s ability to handle complex land transactions with multiple layers of negotiation and risk management. By securing this key site within an emerging employment precinct, Innovista has positioned its client for future success while mitigating risk exposure through strategic planning and due diligence.
"Innovista Group's handling of our complex land acquisition was exceptional. Theo navigated intricate negotiations and environmental concerns with expertise. Their corporate structuring and risk mitigation strategies were crucial to the success of this strategic investment."
B C | Private Client
Client
Private
Location
Parwan, VIC
Project Value
$10M
Project Status
Complete
Project Highlights
Nominee Sale Structure
The transaction required Innovista to negotiate a complex tripartite agreement between the vendor, the first nominee, and the client. This involved careful coordination to ensure all parties were aligned and that the deal progressed smoothly.
Corporate Structuring
Innovista managed the intricate corporate structuring for the client, who had two overseas business partners (equity & debt). The team worked closely with all stakeholders to establish a structure that satisfied the financial and legal requirements of all three parties.
Risk Mitigation
A significant risk emerged during due diligence related to the potential presence of the critically endangered Victorian Grassland Earless Dragon near the site. Innovista conducted extensive due diligence and worked with environmental consultants to mitigate any potential risk exposure related to this issue, ensuring that acquisition could proceed with minimal environmental & financial impact.
Project Highlights
Nominee Sale Structure
The transaction required Innovista to negotiate a complex tripartite agreement between the vendor, the first nominee, and the client. This involved careful coordination to ensure all parties were aligned and that the deal progressed smoothly.
Corporate Structuring
Innovista managed the intricate corporate structuring for the client, who had two overseas business partners (equity & debt). The team worked closely with all stakeholders to establish a structure that satisfied the financial and legal requirements of all three parties.
Risk Mitigation
A significant risk emerged during due diligence related to the potential presence of the critically endangered Victorian Grassland Earless Dragon near the site. Innovista conducted extensive due diligence and worked with environmental consultants to mitigate any potential risk exposure related to this issue, ensuring that acquisition could proceed with minimal environmental & financial impact.