A thematic approach to the real estate sector
Recovering transaction volumes, deleveraged balance sheets, maturing investment structures and readily available capital and debt - there is a new business reality for the Australian real estate sector.
We are at the forefront of this market and clients are calling on our multi-party experience to manage property-related initial public offerings (IPOs), transactions and projects.
Companies are increasingly looking for alternative real estate finance options within debt capital markets, innovative leasing options and non-traditional instruments. Our real estate finance lawyers can advise you on the day-to-day and the extraordinary alike.
Understanding the complex regulatory landscape
Our fully integrated team – across property, construction, finance, funds, M&A and tax – helps clients to navigate the complex regulatory landscape and trading restrictions amidst a tough operating environment.
Our clients include financial institutions, real estate investment trusts (REITs), fund managers, investors and developers. We advise them on world-class developments and complex portfolio acquisitions and divestments.
Our advice on real estate finance law, includes:
- Commercial Development Financings
- Commercial & Residential Mortgage-Backed Securitisations
- Domestic & Cross-Border Financings
- Loan Portfolio acquisitions & Sales
- REITs
- Residential Development Financings
- Restructuring & Distressed Debt.
Market highlights
Our experience includes:
- AMP Capital: acting for a series of domestic and international lenders in connection with the A$770 million financing of several real estate investment funds managed by AMP Capital; and on A$600 million refinancing of a syndicated facility for AMP Capital Wholesale Office Fund (AWOF).
- Cromwell Property Funds: advising on approximately A$1 billion of debt facilities secured by in excess of A$2 billion in assets.
- Brookfield: A$280 million syndicated facility for Port of Geelong; and A$60 million syndicated facility for Elizabeth Quay
- Stockland: A$300 million Australian multi-term note (AMTN) issuance; and HK$400 million Euro multi-term note (EMTN) issuance
- CBA: Growland’s A$200 million / 1,000+ apartment Multi-stage Victoria Square Development.
- Grocon Group:
- all financing and transactional arrangements in connection with the Central Barangaroo Project in Sydney, one of Australia’s premier mixed used urban renewal projects;
- senior trust debt financing in connection with the Axa Project; and
- financing arrangements for the innovative and market leading Build to Rent sector including numerous facility agreements with Singaporean financiers for the Bridge Road Richmond Project and Charles Street Parramatta Project.
