KWM advises Mitsubishi Estate’s investment management arm MEC Global Partners Asia on ~$779m acquisition of 60 Margaret Street, Sydney
King & Wood Mallesons (KWM) has advised Mitsubishi Estate on the establishment of a value-added fund together with AsheMorgan which has acquired 60 Margaret Street (a large-scale mixed-use property in Sydney) from Mirvac and Blackstone for ~A$779 million. This is the first time a large-scale value-added fund has been established by a Japanese real estate company in Australia.
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