Abadeen

Planum advised Abadeen on the capital raise for a 240ha rural land parcel in Ellenbrook, approximately 27kms northeast of the Perth CBD.

The site was originally amassed by Lendlease Communities and conditionally purchased in late 2024 by Abadeen.

Upon successful re-zoning of the land, a circa 3,200 lot subdivision will be created which adjoins existing residential estates, major road infrastructure and a new completed train station.

Planum’s role included:

• Preparing information memorandum and review of feasibilities
• Leading the capital raise process
• Presenting the opportunity to prospective investors
• Negotiating the development agreement
• Negotiating the joint venture and subscription agreements

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