Paxon acted as financial, commercial and transaction adviser on the $280 million Health and Medical Research Building (HMRB), the first building on the new Flinders Village Campus.
The building is one of Australia’s most sustainable research institutions and is the first medical research facility in the world to achieve a coveted platinum rating for best-in-class digital connectivity.
Paxon managed the process of taking the site to market and engaging a partner to deliver the HMRB under an innovative structure. Paxon acted as lead transaction adviser through feasibility, funding, procurement, negotiation and post contract award stages.
Flinders University Client
2021 Year
Adelaide, SA Location
$280 million Project Value
Financial and Commercial Adviser Roles
Key Outcomes
The market process led to the engagement of a financing partner who will fund and own the HMRB under a leasehold arrangement, ensuring an optimal financial and risk position for the University.
The HMRB opened in June 2024, a defining achievement in Flinders University’s history and a landmark investment in the health and wellbeing of all South Australians.
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