Group One Capital Eyes $5.8M-$6M from Canberra’s 107-Unit Ahlie Project
Group One Capital has finalized a structured funding facility for the 107-unit Ahlie residential development in Canberra, setting the stage for milestone-driven revenue of up to $6 million over the project lifecycle.
- Structured funding facility finalized for Canberra’s 107-unit Ahlie development
- Expected revenue between $5.8 million and $6.0 million over project life
- Construction underway with initial senior facility drawdowns
- First milestone payment of approximately $850,000 anticipated in April 2026
- Additional structured capital transactions progressing in pipeline
Structured Funding Secured for Canberra Development
Group One Capital Limited (ASX – G1C) has announced a significant milestone with the finalization of a structured funding facility for the Ahlie residential project, a 107-unit development located at 90 Northbourne Avenue, Canberra. This marks a key step in the company’s strategy to originate and manage innovative financing solutions within the property development sector.
The funding package, arranged through G1C’s subsidiary FSU Capital Pty Ltd, comprises a senior first-ranking construction facility provided by an independent financier and a dedicated equity/mezzanine facility. This dual-layered approach allows for staged capital deployment aligned with project milestones, providing both security and flexibility as construction progresses.
Revenue Visibility and Project Progress
G1C expects to generate revenue in the range of approximately $5.8 million to $6.0 million over the lifecycle of the Ahlie project, contingent on milestone achievements and prevailing market conditions. The first major fee-triggering milestone, with an anticipated payment of around $850,000, is expected in April 2026. This phased revenue recognition approach reflects the company’s performance-linked fee structure tied to certified project progress.
Construction has already commenced, with early progress claims certified and initial drawdowns on the senior facility underway. The equity/mezzanine funds will be progressively deployed as the project reaches validated milestones, ensuring capital is efficiently allocated in line with development needs. Monthly sales reporting and lender monitoring are active, underscoring the disciplined management of the facility.
Pipeline Momentum and Strategic Outlook
Beyond Ahlie, Group One Capital continues to advance negotiations on several additional structured capital transactions. These developments align with the company’s broader strategy to expand its footprint in non-traditional funding solutions for property projects. The successful execution of the Ahlie funding package not only demonstrates G1C’s capability in structuring complex financing arrangements but also sets a precedent for future deals in its pipeline.
Managing Director Ross Patane highlighted the significance of this milestone, emphasizing the company’s commitment to delivering value through innovative capital solutions that support property development growth while managing risk effectively.
Bottom Line?
With construction underway and milestone payments on the horizon, G1C’s structured funding strategy is poised to drive steady revenue growth into 2027.
Questions in the middle?
- How will market conditions impact the timing and size of milestone payments?
- What are the specifics of the additional structured capital transactions in G1C’s pipeline?
- How might changes in construction progress or sales affect the equity/mezzanine facility deployment?
