find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Property lures global investors: Freehills

Property lures global investors: Freehills

Freehills' real estate experts say Australia's real estate sector is increasingly appealing to overseas investors.

Freehills' real estate experts say Australia's real estate sector is increasingly appealing to overseas investors.

 

The insights come after the firm advised Hines Global REIT on its first foray into the Australian property market with the $88 million acquisition of the Ausenco Building at 144 Montague Road, South Brisbane. 

“Hines investment in the local market is a testimony to Australia’s strong real estate sector and its increasing appeal to international investors,’ said Freehills partner Luke Simpson.

“It was great to assist Hines in this transaction, which will no doubt be the foundation of the fund’s ongoing investment in the local market.”

Hines acquired the building from The Trust Company Limited as trustee for the Empirica Management Montague Road Property Trust, with Freehills advising on all aspects of the transaction including structuring, property and financing. 

The Freehills team was led by partner Luke Simpson, with support from Partner Phil McMahon, Senior Associate Julie Jankowski, Solicitor Katherine Bennett, Solicitor Paul Klug and Solicitor Pamela Khoo.

Hines Global Real Estate Investment Trust, Inc. (Hines Global REIT) is a Houston-based, public, non-traded real estate investment trust sponsored by Hines.

Hines Global REIT has raised over $1.0 billion so far and currently owns interests in 17 commercial real estate investments with over 6 million square feet under management in the United States, United Kingdom, Russia, Poland and now Australia.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Property lures global investors: Freehills
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Jetski
Oct 23 2017
How to fail well
The legal profession is due for an attitude adjustment when it comes to perceived failures, accordin...
Consultation
Oct 23 2017
Lawyers slam rushed consultation for SA repeat offenders bill
The Law Society of South Australia has expressed concern for a proposal to roll out new laws amendin...
IBA
Oct 23 2017
The pursuit of happiness in the law
A panel of legal experts have explored how to define success in the legal profession, and how lawyer...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...