Innovista Group was engaged by Honestar Holdings Pty Ltd to provide consulting and advisory services for the acquisition of a large-scale land subdivision in Tarneit. The project encompassed over 800 lots with strong development potential under a master-planned framework. Innovista’s role included due diligence, feasibility analysis, and structuring a joint venture partnership to ensure alignment with the client’s long-term objectives.
Innovista delivered critical Consulting, Due Diligence, and Strategic Advice throughout the complex transaction. The team worked closely with Honestar Holdings to evaluate financial viability and structured a joint venture agreement reflecting the interests of all parties. Navigating intricate negotiations with vendors and JV partners, Innovista ensured stakeholder alignment. Strategic advice on pricing and market conditions ultimately informed the client’s decision not to proceed at an inflated price, mitigating financial risk.
Although the acquisition did not proceed due to vendor price expectations, Innovista’s thorough due diligence and strategic guidance kept Honestar Holdings well-informed. This decision protected the client from financial overexposure and preserved valuable industry relationships for future opportunities.
Although we didn’t proceed with the acquisition, Innovista Group’s comprehensive due diligence and strategic guidance were invaluable. Theo’s market insights and ability to structure beneficial partnerships impressed us. We look forward to working with them on future opportunities.
The project was designed to deliver over 800 residential lots, providing a significant opportunity for development in one of Melbourne’s fastest-growing corridors.
Innovista was instrumental in identifying and securing a joint venture partner who shared the client’s vision for the project. This partnership brought together complementary skills and resources, enhancing the project’s potential for success.
Innovista conducted extensive due diligence, including market analysis, financial feasibility studies, and risk assessments. This ensured that all aspects of the project were thoroughly evaluated before proceeding.
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Innovista Group respectfully acknowledges the Traditional Custodians of the land on which we work and operate, the Wurundjeri Woi
Wurrung people of the Kulin Nation.
Innovista Group respectfully acknowledges the Traditional Custodians of the land on which we work and operate, the Wurundjeri Woi
Wurrung people of the Kulin Nation.
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