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About us
Amber is a leading international investment manager. For over 15 years, we have mobilised capital into essential, responsible infrastructure.
What we do
We source, finance and manage infrastructure assets for both the public and private sectors, applying an integrated approach throughout the lifecycle of each investment.
Sectors
Amber develops and invests across a wide range of infrastructure sectors, each characterised by a long-term investment horizon and robust, creditworthy counterparties.
Sustainability
As long-term investors, we recognise the need to consider how a changing world could impact our core business activities and investments.
News and insights
View our latest press releases and insights on key topics from across the business.
People
Our people are essential to our success. We are committed to building exceptional teams, maintaining our unique entrepreneurial spirit, and building a culture that is inclusive and impactful.
Projects

Royal Melbourne Showgrounds

Other

The project based in Victoria reached Financial Close in June 2005 and staged the 2006 Royal Melbourne Show at the newly constructed and refurbished facilities at the Royal Melbourne Showgrounds. The project includes a diverse mix of modern and heritage-listed office and exhibition buildings on the 19-hectare site.

Sector
Other
Location
Melbourne, Australia
Status
Operational
equity ownership
100%
financial close
June 2005
term length
25 years from Commencement
image of large canopy in showground

About

The public sector client is a joint venture between The Government of the State of Victoria and the Royal Agricultural Society of Victoria.

The construction works included a grand pavilion, a town square, revitalised main entrance and boulevard, new exhibition space and an outdoor animal competition area. The redevelopment included applying a much needed facelift to old structures, in line with heritage requirements. Works were completed in August 2006. Two-thirds of the 27 hectare site (19 hectares) has been developed as a show venue. The non-core land has been redeveloped into a retail facilities and transport hub.

Project capital cost

AUD $ 0 m

Site size

0 hectares

Public usage

> 0,00

visited the 11-day Royal Agricultural Show in 2022

Why we invested

PPPs provide much needed critical infrastructure often replacing older public sector properties with new state of the art facilities operated by experienced facilities management contractors. This project not only constructed new facilities but refurbished heritage facilities on site.

The new established Showgrounds facilities has enhanced the Royal Melbourne Show and helped build on the link between urban and regional Victoria by creating a flexible, multipurpose events and exhibition precinct.

The project provides stable long-term, index-linked cash flows backed by high-quality public-sector counterparties.

The project was a 50/50 joint venture with D&C Co and reflected the consortium also formed for the Long Bay Hospitals project. In December 2010, INPP acquired D&C Co’s shares from both projects and INPP now controls 100% of both projects.

Sustainable Development Goals (SDGs)

2030 Agenda for Sustainable Development adopted by UN Member States in 2015

SDGs supported:

Outcomes

  • Infrastructure: In addition to traditional investments in transport, health, justice and education, social infrastructure such as the Showgrounds directly impact both urban and regional communities.
  • Public facilities: The Showgrounds are the largest and most flexible indoor/outdoor venue space in Melbourne and home to the annual Melbourne Royal Show, as well as major exhibitions, trade shows, and music concerts.
  • The Melbourne Royal Show: This is the Victorian major event that brings the community together to celebrate agriculture – producers, products and produce - from rural and regional Victoria to greater Melbourne.

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