13 December 2023
MA Financial Group, the owner of the marina and hospitality network d’Albora, has recently settled on the purchase of two new marinas in Australia.
The acquisitions have increased the group’s total marina portfolio to 12 locations across the eastern seaboard. MA Financial Group says the dual acquisitions solidify its position as the largest marina group in the southern hemisphere.
The inclusion of Port Macquarie and Batemans Bay Marinas in New South Wales adds a further combined 223 berths to the marina network, with over 3,000 berthing solutions across wet berths, dry storage and swing moorings, catering for vessels up to 50-metres in length.
Aside from increasing berthing and coverage, these two new regional acquisitions will see further marine services added to the network, including boatyards, waterfront dining and fuel services for d’Albora members and the public, while travelling along the Australian East Coast.
Both sites play important roles within their local communities, providing a range of marine and hospitality services within their ports to support the region. Additionally, they will be available to assist any travelling vessels, whether they are d’Albora members or the public, in need of berthing and or marine services along the coast.
“We’re pleased to add another two strategically placed marina locations into our network, further supporting customer demand for berthing, vessel maintenance, boat sales, fuel, and waterfront hospitality offerings along with our strong customer focus, designed to create each site as a hub for marine lifestyle,” said Julien Pouteau, general manager at d’Albora.
Joint CEO of MA Financial, Julian Biggins, said the acquisition of the two additional marinas Is aligned with the firm’s strategy and driven by increasing investor demand for exposure to alternative real estate assets.
“We’re delighted with the purchase of the two new marinas. Port Macquarie and Batemans Bay are among the fastest growing areas in New South Wales, which contribute to their appeal and value,” he stated.
d’Albora is a full-service marina group and network offering marine and lifestyle services across locations in Queensland, New South Wales and Victoria.
MA Financial is a global alternative asset manager specialising in private credit, real estate, and hospitality. It lends to property, corporate and speciality finance sectors and provides corporate advice.