Global Trade Alert
Global Trade Alert

Australia: CEFC allocates USD 36.9 million to urban property group

Announcement

31 Jul 2018

The Australian government-funded Clean Energy Finance Corporation allocated AUD 50 million to Mirvac to develop the first institutional build-to-rent investment platform in Australia.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

31 Jul 2018

Revocation date:

No revocation date

State loan In force

On 31 July 2018, the Clean Energy Finance Corporation (CEFC) of Australia announced the allocation of up to AUD 50 million (USD 36.9 million at the time of the announcement) loan to Mirvac, an Austral...

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Implementation date

31 Jul 2018

Revocation date:

No revocation date

Local value added incentive In force

The Clean Energy Finance Corporation financing is subject to the Australian Industry Participation (AIP) policy. This framework states that all programs enclosed in this policy must encourage the part...

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