Infrastructure Advisory Services

Independent advice for government, private sector, and not-for-profit clients.

Delivering proven commercial and financial advice through the full project lifecycle across transport, housing, and social infrastructure.

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Adrian Chua is a seasoned infrastructure and real assets professional with over 13 years of experience in government, origination and investment banking. Having worked on both sides of the table, he offers clients a well-rounded perspective — understanding the pressures, priorities, and decision-making frameworks of government and private counterparties alike.

Adrian has acted as principal, sponsor, and government adviser on complex transport, housing, and PPP projects across Australia — bringing deep commercial and financial expertise and a track record of successful tenders, negotiations, and financial closes.

Adrian's previous roles include Assemble, Victoria Department of Transport and Planning, IFM Investors, Plenary Group, and Lazard.

What we do

Project Advisory

End-to-end advisory support across the full project lifecycle — from business case and investment decision through to procurement preparation, bid strategy, negotiation, financial close, and transition.

Commercial Advisory

Commercial advisory for high-value, high-risk transactions — including commercial structure frameworks, tender negotiation and evaluation, consortia arrangements, commercial disputes, and contract negotiations.

Financial Modelling & Structuring

Financial modelling and commercial structuring expertise across complex infrastructure projects — including capital structuring, public-private financing arrangements, and business case and investment decision support.

PPP & Structured Finance

Commercial and financial advisory on Public-Private Partnerships, availability payment structures, concessional financing, and complex multi-party infrastructure arrangements.

Transport & Franchise Infrastructure

Deep expertise in transport franchise procurement — including train and tram network franchising, toll road transactions, and transport infrastructure PPPs across Australian jurisdictions.

Housing & Social Infrastructure

Specialist advice on social and affordable housing transactions — including build-to-rent structures, Housing Australia Finance Fund (HAFF) programs, and community housing provider arrangements.

Track record of major infrastructure projects across government and private sectors.

Housing
Sponsor
HAFF Social & Affordable Build-to-Rent
$1bn
Project lead for successful financial close of multiple social and affordable build-to-rent projects under the Commonwealth Government HAFF program, including availability payments and concessional financing.
Rail Franchise
Government
MR5 Train Franchise
Undisclosed
Financial lead for the State-side pre-procurement for the MR5 Train Franchise contract to operate Melbourne's metropolitan train network.
Rail Franchise
Government
MR5 Tram Franchise
$7.5bn
Financial lead for the successful State-side tender for the MR5 Tram Franchise contract to operate Melbourne's tram network, including procurement preparation, bidder negotiation and transaction execution.
Roads
Institutional Investor
WestConnex Toll Road
$9bn
Financial and construction lead for the Connecting Sydney consortium in the bid for a 51% stake in the WestConnex toll road.
Rail
Institutional Investor
Southern Cross Station PPP Market Led Proposal
Undisclosed
Financial and commercial lead for the market-led proposal for the owner and operator of the Southern Cross Station PPP.
Rail
Sponsor
Metro Trains and Tunnel PPP
$5.5bn
Financial modelling and commercial advisory for the Continuum consortium in the Metro Trains and Tunnel PPP procurement.
Rail
Sponsor
Victorian High Capacity Metro Trains PPP
$2bn
Financial modelling and commercial advisory for the successful Evolution Rail consortium in the Victorian High Capacity Metro Trains PPP procurement.
Health
Institutional Investor
Victorian Comprehensive Cancer Centre PPP Refinancing
$1bn
Financial modelling lead for the refinancing of the Victorian Comprehensive Cancer Centre PPP, including placement of a full-term USPP bond.
Housing
Institutional Investor
Commonwealth LEAP 2 PPP Refinancing
$740m
Financial modelling lead for the refinancing of the Commonwealth LEAP 2 PPP, including capital structuring.
Education
Sponsor
Vic and WA Schools PPP
$600m
Financial modelling lead for the WA Schools PPP and the Victorian New Schools 2 PPP Project.

Let's discuss your project.

Whether you are in the early stages of procurement planning, navigating a complex transaction already in progress, or require bespoke advice, Adrian will bring his commercial and financial expertise to your project and team.

We work with government agencies, private sector clients, and not-for-profit organisations across Australia on projects of all scales and complexity.

We welcome an initial conversation to understand your project — get in touch to arrange a meeting.

Location
Melbourne, Australia