Real I.S. AG advised on acquisition of Adelaide real estate

By Jerome Doraisamy|30 October 2019
K&L Gates

Source: commons.wikimedia.org/wiki/File:KL_Gates_Center.jpg

Independent boutique investment manager Real I.S. AG has been advised by K&L Gates on its $85 million acquisition of an Adelaide office property.

Firm: K&L Gates (Real I.S. AG).

Advertisement
Advertisement

Deal: Global law firm K&L Gates has advised Real I.S. AG on its $85 million acquisition of an Adelaide office property, which “forms the basis of a broader strategy for investment in Australian real estate”, the firm said in a statement.

Area: Real estate.

SPONSORED CONTENT

Value: $85 million.

Key players: The K&L Gates was led by real estate partner Samuel Brown, who was supported by special counsel Tracey Jordan, senior associate Karen Yuan and lawyer Eleni Brooks. Partner Richard Gray provided advice on debt financing connected with the acquisition, while partner Matthew Cridland advised on indirect tax matters. In addition, partner Adam Levine advised on FIRB (Foreign Investment Review Board) matters with support from senior associate Natasha Augustin.

Deal significance: “It has been a pleasure for our K&L Gates team to work with Real I.S. AG on a number of significant transactions involving Australian real estate assets over the past 24 months,” said Mr Brown.

“This latest acquisition in Adelaide is of particular strategic importance for our client, and we congratulate Real I.S. AG on securing the critical first property from which to continue building a strong portfolio for their investors.”

Real I.S. AG advised on acquisition of Adelaide real estate
Intro image
lawyersweekly logo
Big Law

latest

Do lawyers want to go back to the office

Do lawyers want to go back to the office?

Top 10 post-COVID predictions for law

Top 10 post-COVID predictions for law

Rachel Setti

Productivity must be audited and redefined post-pandemic

Natalie Stoll

Answering the call of duty during COVID-19

FROM THE WEB
Recommended by Spike Native Network