Street Talk
Flyers out for Western Melbourne’s $2b sports precinct
Melbourne could be one step closer to a new 15,000-seat football stadium in its western suburbs as flyers for Western Melbourne Group hit inboxes.
The group, headed by Jaszac Investment’s Jason Sourasis, is seeking investment to continue construction of its long-awaited privately owned sports and recreation-driven precinct in the city’s fast-growing western suburbs, according to an investment memorandum seen by Street Talk.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
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