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Chinese company to establish luxury hotel

A Chinese port and logistics operator has been advised on its agreement to build a hotel on the Darwin waterfront.

August 12, 2016 • By Emma Musgrave
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Firms: King & Wood Mallesons (Landbridge); MinterEllison (NT government)

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Deal: Landbridge has signed a binding agreement with the Northern Territory government to build a luxury waterfront hotel in Darwin.

 
 

Value: Undisclosed

Area: Building and construction

Key players: The team advising Landbridge was led by KWM projects and real estate partner David Bell (pictured) and tax partner Katrina Parkyn.

The team advising the NT government was led by MinterEllison real estate partner Cameron Charlton and corporate partner Lachlan Drew.

Deal significance: Landbridge is a port and logistics operator based in the Shandong province of China.

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Its agreement with the NT government will see construction of a luxury hotel on Darwin’s waterfront commence next year.

This latest agreement comes after KWM advised Landbridge on the winning bid to operate Darwin Port under a 99-year lease in October 2015.

“Once again, we were very pleased to advise and work with Landbridge on this strategic development that looks to achieve continued economic growth and development for the Northern Territory region,” said David Bell, KWM projects and real estate partner.

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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