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Charter Hall advised on 3 property acquisitions

Residential property managers company Charter Hall has been advised on multiple property acquisitions in Sydney and Melbourne, with a combined value of almost $1 billion.

February 06, 2019 • By Jerome Doraisamy
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Firm: Allens (Charter Hall)

 
 

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Deal: Charter Hall has acquired three major properties, including 10 and 12 Shelley Street and 21-25 Sussex Street in the King Street Wharf precinct, Sydney, Campbellfield Plaza in Melbourne’s north, and the freehold acquisition of Chifley Tower in the Sydney CBD.

Value: $976.5 million

Area: Real Estate

Key players: The Allens team consisted of: partners Alexandra Peace and Craig Milner, managing associate Annabelle Aland, senior associates Lucy Woodruff, Peter Brennan and Tom Tian, and paralegals Maria Rughetta, Hilda Lowe and Patty Tooze.

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Deal significance: “We are delighted to have assisted Charter Hall with these significant transactions. This trio of acquisitions represents Charter Hall’s innovative investment in Australia’s changing commercial real estate market,” said Ms Peace.

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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