Property & Development

Acted for a number of Australia’s commercial property developers and institutional investors on a broad spectrum of property matters, including:

• Charter Hall Group and Abacus Property Group: on their respective acquisitions of a one-third interest in the Myer Melbourne building for a combined $270 million
• Medical Properties Trust: in relation to the acquisition of $1.25 billion of hospitals from Australian private hospital operator Healthscope
• IP Generation: on a $300 million portfolio of Sydney and regional NSW neighbourhood shopping centres
• Charter Hall Group:
  • on the purchase of a $353 million portfolio of six Bunnings stores around Australia
  • on a leasehold interest in 35 hectares of master planned approved industrial land known as Light Horse Business Hub in Eastern Creek, NSW
  • on the acquisition, development and leasing of industrial properties in Victoria, New South Wales, Queensland, Western Australia and Tasmania by the Core Logistics Partnership Trust
  • on the $830 million acquisition of Telstra’s office headquarters in Melbourne and the $1.43 billion acquisition of a 49% interest in Telstra exchange properties 
  • on an $840 million agreement with BP for a stake in 225 convenience and fuel outlets 
  • on its acquisition - via a Charter Hall managed fund, with Charter Hall and GIC, Singapore’s sovereign wealth fund as investors - of a 49 per cent stake in the Ampol Property Trust
• MAB Corporation: on the acquisition of 32-hectares of land near Cranbourne, Victoria for $37.5 million
• AsheMorgan: on its A$210 million purchase of a prominent Brisbane office tower, featuring global insurer, Allianz, and the Queensland government as anchor tenants
• DeGroup: on the acquisition of the Caroline Springs shopping centre from Lendlease for approximately $140 million
• Essendon Airport: on the development and leasing of Bombardier’s Australian corporate jet MRO base at Essendon Airport, Victoria
• LK Property Group: on the acquisition and development of various residential buildings including Capitol Grand in South Yarra, Victoria
• CGA Spencer: on the $200 million sale of Flinders Bank build to rent and residential development site to Mirvac
• Haben Property Fund on the purchase of two shopping centre assets – The Pines shopping centre and Caloundra shopping centre for a combined $250 million+
• Metro Property: on the acquisition of the prominent ‘Bingara Gorge’ site from Lendlease, one of Australia’s largest residential subdivisions
• Walker Corporation: on the $56 million acquisition of Abacus-controlled entity, Goods Shed North, Docklands
• OSK Group: on the $70 million sale of Melbourne Square retail precinct, and
• A private family group: on the sale of a new Australia Post HQ site to Charter Hall Group.

Acted for major Australian and international property developers and institutional investors on a range of landmark property development and construction matters, including:

• Riverlee: on the development of one of Australia’s biggest residential projects – Lovely Banks – a proposed suburb covering about 1,500 hectares in Northern Geelong
• Capital Alliance: on a development agreement with Development Victoria for a $1.5 billion redevelopment of Central Dandenong
• Hamton and Hostplus: on the construction and broader structure agreements for the $2 billion redevelopment of the Moonee Valley Racecourse
• Steadfast Capital: on the $170 million redevelopment of ‘The Walk Arcade’ in Melbourne’s CBD
• World Class Land: on the $900 million development of ‘Australia 108’ at 70 Southbank Boulevard, Southbank
• S P Setia Bhd: on the construction contracts for the $600 million development of ‘Sapphire by the Gardens’ at 308 Exhibition Street, Melbourne
• Beulah International: on a range of construction agreements across their portfolio, including ‘Southbank by Beulah’, ‘Paragon’, ‘Provenance’ and ‘Grounds of Kew’
• Time & Place: on a range of industrial estates including ‘Cooper T&P, ‘Leakes T&P’, ‘The Junction’ and ‘Williams Point Business Park’, and
• Golden Age Group: on the construction agreements for ‘Sky Village’.

• Gurner and Qualitas: on a luxury $1 billion built-to-rent development fund
• MAKE Ventures: on a joint venture with AustralianSuper in relation to future build-to-rent-to-own residential developments
• Merricks Capital, as agent, mandated lead arranger and a lender: on a $150 million syndicated term loan facility to Alfasi Property Development to fund the development of a new ten-level retail and office building in Cremorne, Victoria, and
• VIMG and its joint venture partner, New Hope: on its refinance for a residential construction facility provided by PAG Assets Limited, including cross-collateral springing security arrangements of other sites owned by VIMG.