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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
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Community and Social Services Property Fund restructured
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Firm: Hall & Wilcox (KM Property Funds)

 
 

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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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