Payce Consolidated Limited AUD 9.50% 3 December 2018 fixed rate senior secured bond
Payce Consolidated Limited (Payce) is a Sydney focused medium density apartment and mixed use (retail / commercial) development and investment group. Payce focuses on mid-range affordable apartments with the average sale price for a two bedroom apartment in Sydney around $600,000. More recently, the Payce Group has acquired mixed use residential, retail and commercial assets. The business has been operating for more than 30 years and has established a strong track record in delivering successful projects. Payce has been listed on the ASX since 1978 (ASX code PAY).