Commercial Development, inner Melbourne

Over the course of 2019 to 2022 CVS Lane provided a range of funding solutions for an innovative commercial development in inner city Melbourne.

Following an initial funding facility to assist with land settlement, CVS Lane provided a construction facility during the peak of the COVID-19 pandemic in 2020. The pandemic had  not only led to a range of delays beyond the client’s control, but also cast doubt on the future of the commercial office market more broadly.

Despite the uncertainty that characterized the period, the nine-story building (7000 square metre net lettable area) was close to 90% pre-leased to several globally renowned brands before it was completed during 2022.

The delivery of the project and the strong leasing outcome was a credit to the resilience and foresight of our client in what was a challenging time for the office market.