Sunland Capital Pty Ltd AUD 7.55% 25 November 2018 Senior Unsecured Bond
Sunland Capital’s parent company Sunland Group Ltd (Sunland) is an ASX listed residential property development group with over 30 years’ industry experience and a market capitalisation of $260m (9 March 2016). The business operates primarily in South East Queensland, Sydney and Melbourne and develops land subdivisions, medium density housing as well as multistorey and high-rise projects.
Over the last seven years, Sunland has completed over 4,500 dwellings (houses and apartments) with a gross value of over $2.7bn. The group has a development pipeline of over 6,000 dwellings with an estimated gross realisable value of $3.7bn.