Commercial Real Estate Development in Myanmar
Delphos assisted Four Rivers, a real estate developer, in securing a $20 mm in senior debt commitment from OPIC for the development and construction of the first in a portfolio of international standard office buildings in Yangon. The office space will be leased to multinationals, NGOs and other companies with operations in Myanmar. The Project will greatly contribute to the development of the commercial real estate industry in Myanmar, which is currently in a nascent stage and is characterized by insufficient supply of both office and apartment space of international standard quality. Delphos has been assisting with all aspects of the financing process, including building a pro-forma financial model, preparing information memoranda and other disclosure materials, assisting with the lender due diligence, and negotiating loan documents.
Details
Category
- Real Estate & Hospitality
Client Name
Four Rivers
Services Provided
- Capital Raising
Region
- Asia
Country
- Myanmar