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Australasian Property Investments-Floreat Forum acquisition

US$80.70 m
  • Entry date - Monday, 15 June 2009
  • Jurisdiction - Australia
  • Practice - M&A
  • conditional on GPT Wholesale Shopping Centre Fund waiving its right to acquire the centre

  • Firm
    Allens Arthur Robinson
  • Client
    GPT Group
  • Lead Lawyers
    Nicholas Cowie
  • Role
    Legal adviser to seller
  • Firm
    Corrs Chambers Westgarth
  • Client
    Town of Cambridge
  • Lead Lawyers
    Philip Wilson
  • Role
    Legal adviser to local government
  • Firm
    Lavan Legal
  • Client
    Australasian Property Investments
  • Lead Lawyers
    Peter Beekink
  • Role
    Legal adviser to buyer


DEAL SUMMARY

  • Deal involved a major diversified property group’s sale of its Floreat Forum shopping centre to a property investment and development company

  • Sale is conditional on GPT Wholesale Shopping Centre Fund waiving its right to acquire the centre, and council consent to assign agreements over its property at the centre to purchaser

  • Allens previously acted for GPT on its recent A$1.7bn capital raising



Did you work on this deal? Let us know and we'll add your details. Email us here.
Copyright © 2012 THOMSON REUTERS
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