18 May New Era Lawyers advises Sanad Capital $30 million capital raising for Adventure Park
Based in our hometown, Mooloolaba, Sanad Capital have unveiled their $450M integrated tourism resort and active leisure park on the Sunshine Coast, ACTVENTURE. New Era Lawyers advised Sanad Capital on its recent $30 million underwriting agreement with an Asian investment group for the development of ACTVENTURE.
Sanad Capital, a homegrown, privately owned development and investment company, have recently revealed their concept plans for an 8 hectare leisure park on the site their land on Steve Irwin Way. Sanad Capital secured the underwriting agreement to inject $30M equity into the project to complete Stage One of ACTVENTURE.
Including a luxury camping facility, a wavepool, aerial bike monorail and electric skateboarding, we are excited to watch the growth and success of Sanad Capital and ACTVENTURE on the Sunshine Coast.
Sanad Capital serves as a springboard for a diverse range of local projects – particularly community-based and family-friendly projects – by tapping into significant reserves of capital, years of relevant experience and the considerable local know-how of its executives.
Check them out here – Sanad Capital News