Recent real estate experience includes:
Investa Property Group
Advising Investa on the sale of Kindersley House at 33 Bligh Street in Sydney to
EnergyAustralia for over A$50 million with Investa retaining the right to build
a 21,000 sqm office tower in the airspace above the substation which
EnergyAustralia plan to build on the site. This is currently the largest
development sale to be completed in Sydney in 2009.
DEXUS Property Group
Acted for DEXUS Property Group (DEXUS), one of Australia's largest diversified
property groups, in a comprehensive deal that saw the sale of a one-third
interest in its new premier office tower development at 1 Bligh Street, Sydney.
Allens advised DEXUS on the complete transaction, including the development, construction, anchor tenant leasing and disposal of its part interest to a subsidiary of Cbus, the national construction and building industry superannuation fund.
The Bligh Street development, being developed by DEXUS, DEXUS Wholesale Property Fund and Cbus Property, is scheduled for completion in mid 2011. Designed to achieve a six-star Green Star rating, the transparent, elliptical-shaped premium grade tower will be Australia's first double-skin facade high-rise office building.
The GPT Group
Acting for the GPT Group on the sale of its hotel and resort portfolio,
including the Four Points by Sheraton Hotel in Sydney, valued at A$185 million.
Acting for the GPT Group on its acquisition of additional interests in Highpoint Shopping Centre and Homemaker City in Maribyrnong, Victoria. The transactions were valued at A$200 million.
Acting on the sale of the Floreat Forum shopping centre to Australasian Property Investments Pty Limited, a private Perth property investment and development company, for A$100 million.
GIC Real Estate
Advising GIC Real Estate on various acquisitions, including its purchase of the
landmark Chifley Tower in Sydney, the trusts owning a half interest in Westfield
Parramatta shopping centre, each for more than A$700 million, and its
acquisition and redevelopment of the Myer department stores.
Charter Hall
Advising Charter Hall on establishing and launching a number of its funds,
including the Charter Hall Diversified Property Fund and the Core Plus Office
and Industrial Funds, and related property acquisitions for these funds.
St Marys Masterplan
Acting for Delfin Lend Lease in a A$2 billion urban development in the western
Sydney growth corridor, which is expected to take 10 to 15 years to complete.
Our recent work has included advising in relation to the adoption by the relevant council of precinct plans; the drafting of development agreements with Blacktown City Council and Penrith City Council relating to those precinct plans; acting in the proposed sale of industrial development land, and acting in the documenting of successful applications by the landowner to participate in the Federal Government's Housing Affordability Fund.
DB RREEF Funds Management
Acting on its development of the next premium-grade office tower in Sydney.
Tabcorp
Advised on their bid for the two integrated resort projects to be constructed in
Singapore, combining gaming with other high-profile entertainment options. We
advised on all construction, real estate, financing and commercial arrangements
with other project participants and partners, as well as on government
regulatory issues.
Goodman International (formerly Macquarie Goodman)
Acted on the establishment of a HK$4.8 billion private equity real estate fund
in Hong Kong.
GPT Management Limited
Acted for GPT in its sale to Westfield of Cape Tribulation Resorts, Penrith
Plaza, Woden Plaza and GPT's interest in Sunshine Plaza. Allens Arthur Robinson
also assisted GPT in the acquisition of industrial land from CSR Limited at
Erskine Park.
Australian Unity Funds Management Limited
Advised on the purchase of Victoria House Hospital in Prahran and the purchase
of the Peninsula Private Hospital.
Wesfarmers
Advising the Coles Group during negotiations of a number of shopping centre
developments with Westfield.
Healthscope hospitals acquisition
Advised Healthscope on the acquisition of 14 private hospitals from the Ramsay
Group. Allens also advised Healthscope on the sale of five of its hospitals, as
well as its purchase of Newcastle Private Hospitals Pty Ltd.
Mirage
Acted for Mirage Resorts on the sale of various Mirage properties, including
Sheraton hotels and Marina shopping centres at Port Douglas and the Gold Coast,
and the resort development at Port Douglas.
ANA
Acted in the sale of the ANA Hotel (comprising 404 guest rooms) and The Piazza
shopping centre, consisting of 8599 square metres of net lettable area, in
Surfers Paradise.
ALE Property Group
Acted for ALE Property Group on the sale of six hotels, valued at more than A$36
million, via a live simulcast auction in four states.
Advised Macquarie Bank and ALE Property Trust, initially on the acquisition from Fosters of sites under development and proposed leases to Australian Leisure and Hospitality Group. Recently advised the ALE Property Group on the sale of the Parkway Hotel and on the acquisition of a number of additional hotels.
Safilo SpA
Advised the Italian-listed eyewear group Safilo SpA on the acquisition of the
Just Spectacles retail chain group of companies.
