This month, I have been working with Cowell Clarke, and the anticipated settlement of their KODO project. The KODO building at 29 Angas Street, Adelaide, is nearing completion and we have been preparing for the Proprietor on Title Role for the upcoming settlements through PEXA Projects. This will be easily the largest project to settle on PEXA Projects in South Australia so far.
With the project now active on our PEXA Projects platform and invitations out to other participants, Cowell Clarke are able to track and monitor the status of their project, invitation acceptance status and settlement date and time acceptance, along with a multitude of other benefits. This assists Cowell Clarke to provide a first class service to their Developer Client.
This project is also particularly important for South Australia, as the Mortgagee on Title is represented here in Adelaide by MinterEllison. MinterEllison will also receive the benefits of using PEXA Projects' Mortgagee on Title solution and will be the first firm to use the newly developed bulk creation of the discharge of mortgage document.
PEXA Projects has had extensive use and development particularly in Victoria and New South Wales, so it is exciting for me to be able to gather experience learned from the larger states, and put in to practise here in Adelaide.
An exciting time for both PEXA in SA, and Cowell Clarke as we eagerly look towards settlement.
For more information about PEXA Projects in South Australia, contact Matthew Kelly on 0498 022 242.
