Freehills has advised CIMB TrustCapital Australian Office Fund Number 1 LP on its A$56 million acquisition of 150 Charlotte Street, Brisbane, from Stockland and Walker Group.
Freehills advised on the Australian funds and property aspects of the acquisition of the18 level, recently refurbished property, using advice from the firm’s Melbourne and Brisbane offices.
Melbourne based Sinn led the Freehills team, advising CIMB TrustCapital on the property aspects of the transaction, along with senior associates Sebastian Renato located in Melbourne and Julie Jankowski in Brisbane.
Freehills worked closely with CIMB-TrustCapital Advisors Singapore, the investment manager of CIMB TrustCapital A0F1, to negotiate and complete this acquisition.
Freehills commercial real estate partner David Sinn said the firm Freehills has worked with CIMB TrustCapital since its first acquisition in the Australian market in May 2011.
“This acquisition demonstrates the continued confidence in the Australian commercial office market by investors.”