Sth Bnk Development
Sector: Residential • Location: Melbourne, Victoria, Australia
Source: AFR
Open Capital is seeking to acquire Australia's largest residential project, the Sth Bnk development, from the troubled developer Beulah. The project has faced financial difficulties, and Open Capital aims to fund the $2 billion construction costs, backed by an offshore family office.
- Status
- Prospective
- Sector
- Residential, Commercial
- Location
- Melbourne, Victoria, Australia
- Updated
- 22 Jul 2026
- Source
- AFR
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Open Capital is seeking to acquire Australia's largest residential project, the Sth Bnk development, from the troubled developer Beulah. The project has faced financial difficulties, and Open Capital aims to fund the $2 billion construction costs, backed by an offshore family office. |
Budget |
Location
Country | Australia |
State | Victoria |
City | Melbourne |
Source
Source | AFR |
URL |
More Details
Record type | Project |
Sector | Residential, Commercial |
Article published date | 2025-03-18 |
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