You have 0 free articles left this month.

Pipeclay Lawson sells 4 warehouses to Hines

Australian industrial property company Pipeclay Lawson has sold four real estate assets to global investment firm Hines.

May 05, 2022 By Jerome Doraisamy
Share this article on:
David Colenso
expand image

Firm: Johnson Winter & Slattery (Pipeclay Lawson)

Deal: Pipeclay Lawson has sold four warehouses in Sydney and Brisbane for $211.5 million to Hines, a global investment firm, which is undertaking its first series of industrial property acquisitions in Australia.

 
 

Area: M&A

Value: $211.5 million

Key players: The JWS team was led by partner David Colenso, who was assisted by special counsel Morgen Kerry and senior associate Rita Bradshaw.

Deal significance: Mr Colenso (pictured) said: “This deal broke records in the industrial market and is one of the largest transactions of its kind so far in 2022.

“There is currently a huge demand for quality warehousing assets, both in Australia and globally. Pipeclay is a sophisticated investor, who has demonstrated astute market insight and timing. We look forward to supporting Pipeclay in future acquisitions.”

Want to see more stories from trusted news sources?
Make Lawyers Weekly a preferred news source on Google.
Click here to add Lawyers Weekly as a preferred news source.