Real Estate – Recent experience
Recent real estate experience includes:
GPT
Acting for GPT on the sale of its hotel and resort portfolio.
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 that is expected to take 10 to 15 years to complete.
DB RREEF Funds Management
Acting on the sale of its half interest in The Zenith (a twin-tower office
complex in Chatswood, NSW) and 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.
DB RREEF Trust
Acted for SAS Trustee Corporation in its sale by put and call options of its
interests in six properties to trusts associated with DB RREEF Trust's stapled
vehicles: 16-20 Barrack Street, Sydney; Greensborough Plaza; Westfield
Hurstville; Westfield Mt Druitt; Regents Park Estate; and St Leonards Corporate
Centre.
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 six industrial properties in Silverwater, Canberra,
Pinkenba, Sunshine, Burwood and Villawood as well as 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.
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
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 8,599 square metres of net lettable area,
in Surfers Paradise.
Woodside Development
In Perth's first major CBD office development for more than 10 years, we advised
Deutsche Asset Management in a transaction valued at A$225 million, including on
building, design and finance contracts made particularly complex as a result of
an adjoining and simultaneous hotel development.
Fosters' pubs sale
Advised Macquarie Bank and ALE Property Trust on the acquisition from Fosters of
sites under development and proposed leases to Australian Leisure and
Hospitality Group.
Aurora Place, Sydney
Acted in Australia's largest ever commercial office transaction involving a
single purchaser, advising the joint venture owners of Aurora Place with respect
to the sale of ownership structures of the building through the use of a complex
subscription and redemption structure.
