Green light on $295M for Next Stage of Moonee Valley Park

ANZ has executed $295m of debt facilities to deliver the next stage of the $2 billion redevelopment of Moonee Valley Racecourse, Moonee Valley Park. The loan to the developer, a joint venture between leading Melbourne private developer Hamton and leading industry superannuation fund Hostplus, represented by its Investment Manager, ISPT, will primarily fund delivery of the next two residential stages,…