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Big Law

New agreement in Melbourne's multibillion-dollar project finalised

Baker McKenzie has advised OSK Property on its hotel management agreement with Hilton Hotels & Resorts, which will see the hotel group manage a new development within the $2.8 billion Melbourne Square project.

June 05, 2019 • By Emma Musgrave
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Graeme Dickson and Dora Stilianos
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Firm: Baker McKenzie (OSK Property)

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Deal: OSK Property has signed an agreement with Hilton Hotels & Resorts for the latter to manage a new hotel within the $2.8 billion Melbourne Square project in Southbank.

 
 

Value: Undisclosed

Area: Corporate, real estate

Key players: The Baker McKenzie team advising OSK Property was led by corporate real estate partners Graeme Dickson in Sydney and Dora Stilianos in Melbourne.

Deal significance: OSK Property is a Malaysian developer. Its agreement with Hilton Hotels & Resorts paves way for the management of a new hotel within the Melbourne Square Project, which will comprise around 600 rooms, world class restaurant offerings and guest amenities, according to a statement from Bakers.

Melbourne Square is one of the city's largest mixed-use developments, the firm added. In addition to a new Hilton-branded hotel, the development will include a significant residential apartment component, a commercial district, childcare facilities, and an array of other dining and retail options.

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Commenting further on the deal, Bakers partner Dora Stilianos said: “It has been a great honor and pleasure to act on this project, which is possibly the largest management opportunity ever undertaken in Melbourne.”

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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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