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Community and Social Services Property Fund restructured

National law firm Hall & Wilcox has advised KM Property Funds on the restructure and retail offering of the Community and Social Services Property Fund.

March 08, 2022 By Lawyers Weekly
Community and Social Services Property Fund restructured
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Firm: Hall & Wilcox (KM Property Funds)

Deal: KM Property Funds has been advised on restructuring the Community and Social Services Property Fund to facilitate a flexible sub-trusts structure, amending the constitution to facilitate the fund’s features, registering the fund with ASIC and preparing the product disclosure statement for the fund’s retail offering.

Area: Financial services

Value: N/A

Key players: The Hall & Wilcox team was led by partner Vince Battaglia, who was assisted by lawyers Nina Mao and Charlie Renney.

Deal significance: Speaking about the deal, Mr Battaglia said: “It was a pleasure to work with KM Property Funds to bring to market a fund which allows retail and wholesale investors to contribute to the fund’s investments in education, health, housing and other social services.”

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