John Wei has been hired as the latest partner of Holding Redlich. He is described by the firm as a senior property lawyer “who specialises in advising Chinese clients on international investments, particularly in real estate and renewable energy”.
In addition, the firm noted that Mr Wei has vast experience in advising on matters concerning commercial acquisitions and disposals, real estate developments, leasing, renewable energy, mining and infrastructure.
“John has advised a number of large Chinese property groups with substantial investments in Australia and his appointment further strengthens our property team in Brisbane and nationally,” added Holding Redlich national managing partner Ian Robertson.
“He will also work closely with the head of our China legal practice, Carl Hinze, to further develop our practice acting for Chinese firms investing in Australia and Australian companies with legal issues in China.”
Commenting on his new role, Mr Wei noted his excitement to join Holding Redlich, particularly given the current position of the local property market.
“Chinese investment in Australian real estate is still very strong despite a downturn in the residential market in Sydney and Melbourne,” he said.
“There has also been strong interest from China in renewable energy investments for the last 12 months. I predict that the number of deals emanating from China in renewable energy and real estate is likely to increase in 2019.”