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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.


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