MA Financial Group’s MA Marina Fund confirms completion of its acquisition of East Coast Marina (ECM) in Manly, Queensland. The marina will expand the Fund’s portfolio to 13 high-quality marina locations and will form part of the d’Albora network – the largest premium marina and hospitality network in the southern hemisphere.
East Coast Marina is located approximately 20kms from Brisbane’s CBD and within the Manly Boat Harbour which is Australia’s largest small-boat harbour. The marina will add 535 additional berths to the d’Albora portfolio including 295 wet berths and 240 premium dry storage racks. Additional facilities include a full-service boatyard for vessel maintenance, commercial tenancies, waterfront dining, onsite marina office and ample dedicated car parking.
In addition to the scale and quality of on-site facilities, East Coast Marina has the benefit of a significant investment in water recycling and catchment facilities for boat washing and landscape irrigation and nearly 300 solar panels generating renewable energy for the site.
“This latest addition to the network in Southeast Queensland will provide even more opportunity for our brand, it will allow d’Albora services and customer benefits to be experienced by more of the Australian boating public,” - Julien Pouteau – Managing Director, d’Albora.
“We are delighted with the acquisition of East Coast Marina. The purchase aligns with the MA Marina Fund’s growth objectives and is driven by the significant investor demand for exposure to alternative real estate assets.” - Joint CEO of MA Financial, Julian Biggins
d’Albora is Australia’s largest full-service marina network, offering premium marine services and benefits to its customers along the east coast in QLD, NSW, and VIC.
About MA Financial Group
MA Financial is a global alternative asset manager specialising in private credit, real estate, and hospitality. The firm lends to property, corporate and specialty finance sectors and provides corporate advice.
MA Financial invests and manages $9.6 billion on behalf of its clients, is responsible for over $112 billion in managed loans and has advised on over $120 billion in advisory and equity capital market transactions.
The firm has a team of over 600 professionals across locations in Australia, China, Hong Kong, New Zealand, Singapore, and the United States.
