find the latest legal job
Part Time Risk & Compliance Officer
Category: Other | Location: Brisbane QLD 4000
· Brisbane City · Flexible Part Time Hours
View details
Infrastructure Lawyer/SA
Category: Construction Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Global elite law firm · Dedicated Infrastructure team
View details
Property Lawyer
Category: Property Law | Location: All Melbourne VIC
· 12 Month Contract · Diverse Work
View details
In-House Legal Counsel (Mid to Senior)| Regulated Markets (Energy and Gas)
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Full PD on Request · Exciting High Impact Role
View details
Family Lawyer
Category: Family Law | Location: Eastern Suburbs Melbourne VIC
· Boutique Firm · Great Reputation
View details
Firms construct groundbreaking IPO

Firms construct groundbreaking IPO

Clayton Utz was one of three firms that acted on a listing not seen on the Australian capital market before.

Firms: McCullough Robertson (Asia Pacific Data Centre Group); Clayton Utz (NextDC); Allens (underwriters)

Deal: APDC Initial Public OfferingArea: Capital markets

Value: $115 million

Key players: Clayton Utz snared the role of advising the ASX-listed NEXTDC on this IPO, Australia’s first listed data centre real estate investment trust (REIT). NEXTDC holds a 23 percent interest in the Asia-Pacific Data Centre Group (APDC) and is its largest initial security holder.

Brisbane-based corporate advisory / M&A partners Tony Lalor (pictured) and Tim Reid led the firm’s team, with assistance from real estate partner Michael Richardson.

McCullough Robertson advised APDC and Allens acted for the underwriters, RBS Morgans and Evans & Partners

Deal significance: This was Australia’s first listed data centre real estate investment trust and is further evidence of a more buoyant capital market.

“The successful launch of the APDC Group contributes to the re-emergence of REITs in the Australian market as investors seek stable yields,” said Lalor.

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

Firms construct groundbreaking IPO
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Law Council of Australia
06:04
LCA calls for urgent adoption of ‘game-changing’ recommendation
The Law Council of Australia has urged for the immediate adoption of a key recommendation put forwar...
Sally Wheeler
Nov 20 2017
ANU College of Law appoints new dean
A distinguished legal academic and the former head of law of a higher education institution in Irela...
Violence
Nov 17 2017
It's time for politicians to commit to eradicating domestic violence
The national shame of domestic violence cannot be left unaddressed, writes Christine Smyth. ...
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 & ...