Staged Construction Program to Protect Cashflow
When a client embarked on a $15 million shopping centre extension and upgrade, they faced multiple pressures: managing existing tenants, minimising disruption, and addressing the financial strain of such a major project.
“The concern was, how do we keep businesses trading while still pushing forward with the works?” the client explained.
ABACORP’s solution was a staged construction program that allowed new retail areas to be completed and opened before existing ones were closed off. This strategy minimised disruption to tenants and customers, protected the centre’s reputation, and, crucially, provided earlier access to rental revenue.
By aligning construction stages with the client’s financing requirements, ABACORP also helped ease cashflow concerns. The result was a saving of $1,500,000 in interest and carrying costs, all while achieving timely project completion.
For this client, ABACORP delivered more than construction, it delivered a financially sustainable pathway through a complex project.