SHFA Acquisition of Rozelle Marshalling Yard and White Bay Power Station, NSW
Assignment not undertaken by Highgate but by the Highgate individual nominated below.
Client: Sydney Harbour Foreshore Authority
Role: David Hume was appointed by Sydney Harbour Foreshore Authority to carry out the due diligence investigations and feasibility studies to determine the residual land value prior to purchasing White Bay Power Station and Rozelle Marshalling Yards from Energy Australian and State Rail. This included the management of all technical, legal and real estate consultants on behalf of SHFA. David also assisted SHFA with negotiations between SHFA and various authorities required in order to complete this work
Outcome: On completion of the investigations and report, SHFA proceeded with the purchase of each site.