Brera view of City Skyline

Pindara Partners announces financial close of BRERA

Brisbane, Australia – August 2026

Financial close represents far more than the completion of a transaction it is the culmination of months of underwriting, due diligence and collaboration between experienced sponsors and capital partners.

Which is why we are delighted to have reached financial close on the mezzanine financing for Brera, a landmark mixed-use development in Teneriffe, delivered by Forme alongside a senior construction facility from MA Financial.

Brera exemplifies the type of opportunity we seek to support – an exceptional project, an experienced sponsor, institutional-quality counterparties and a premium location with strong long-term fundamentals. Designed by Richards & Spence and constructed by Graya, the development will deliver luxury residences together with retail and commercial space in one of Brisbane’s most tightly held precincts.

We appreciate the opportunity to partner with MA Financial and Forme on another high-quality transaction and look forward to seeing Brera take shape over the coming months.

About Pindara Partners

Pindara Partners is a specialist real estate private capital firm focused on tactical credit and structured finance opportunities across the Australian mid-market.

Pindara invests in areas of the capital stack where capital is undersupplied, providing solutions including junior debt, preferred equity and structured credit to experienced real estate sponsors. The firm’s investment philosophy is built on disciplined underwriting, rigorous risk management and the belief that attractive returns are driven by structure, selectivity and scarcity.

Pindara was founded by Daniel Erez following the successful sale of Newground Capital Partners to FTSE 100-listed global alternative asset manager Intermediate Capital Group (ICG) in 2021. Together, Pindara’s leadership team has participated in more than $3 billion of real estate credit transactions and partnered with a range of experienced developers and sponsors across Australia.

Pindara partners with sponsors, investors and intermediaries to deliver tailored capital solutions that support project delivery while seeking attractive risk-adjusted returns and strong downside protection.

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