Parwan
Overview:
Innovista Group was engaged to provide consulting and advisory services for the acquisition of a broadacre farmland site in Parwan, located within the Future Parwan Employment Precinct Structure Plan. The client aimed to secure this strategic landholding for farming and future potential, despite complexities including nominee sale negotiations and environmental risk factors.
Innovista Group’s Role:
Innovista provided comprehensive Consulting, Due Diligence, and Corporate Structuring Services throughout the transaction. The team expertly navigated nominee sale agreements and cross-border partnerships while mitigating environmental risks. Their strategic deal structuring and risk management were critical in securing this valuable landholding for future development.
Outcome:
The Parwan Employment Site acquisition highlights Innovista Group’s capability to manage complex land transactions involving multiple negotiations and risk factors. By securing a key site in an emerging employment precinct, Innovista positioned its client for future success while effectively reducing risk exposure through thorough due diligence and strategic planning.
"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.