SERV - Secure Electronic Registries Victoria

Secure Electronic Registries Victoria (SERV) has announced it has secured $2 billion of funding to refinance its debt facilities.

Since launching in 2018, SERV has benefited cost-effective and secure funding during a period of significant transformation.

With that transformation in place, and with a six-year track record of consistent business performance, it was an opportune time for SERV to arrange new, stand-alone debt facilities.

Refinancing underpinned by SERV’s six-year track record

SERV received strong support from a syndicate of 12 leading Australian and international commercial banks, who provided $2 billion in senior debt facilities on flexible and competitively priced terms, demonstrating confidence in SERV’s track record and future performance.

The new facilities enable SERV to continue investing to modernise Victoria’s land registry systems.

SERV’s success is driven by its purpose

SERV is a purpose-led company, helping Aware Super members to achieve their best possible retirement and contributing to Victoria’s economic vitality.

SERV Chief Executive Officer Andrew Faber said “We are proud to support more than one million property transactions every year, maintaining the integrity of one of Australia’s largest registries, and providing vital industry insights to Victorians.”

“Our commitment to delivering exceptional land registration and information services is demonstrated by our six-year track record of improved customer services, enhanced operational resilience and ongoing investments to modernise Victoria’s land registry systems. We thank our bank lenders for their commitment to SERV and their confidence in our future.”

SERV acknowledges and respects Victorian Traditional Owners as the original custodians of Victoria’s land and waters, their unique ability to care for Country and deep spiritual connection to it. We honour Elders past and present, whose knowledge and wisdom ensures the continuation of culture and traditional practices.