find the latest legal job
Senior Associate - Competition, Policy & Regulatory
Category: Other | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Work with a well regarded Partner · Sydney CBD
View details
Commercial Litigation Senior Associate
Category: Litigation and Dispute Resolution | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Lawyers Weekly Australia Partner of the Year 2016, Insolvency
View details
MULTIPLEX Regional Legal Counsel (Vic) | 7 to 10 years + PQE
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Career defining in-house role · Tier One international contractor
View details
Junior Lawyer - Personal Injury Law
Category: Personal Injury Law | Location: Parramatta & Western Suburbs Sydney NSW
· Highly specialized practice · Challenging role with great opportunities
View details
IR Advisor/Member Advocate
Category: Industrial Relations and Employment Law | Location: St Leonards NSW 2065
· Permanent (0.8-1.0 FTE) role in a developing team
View details
Iconic Chatswood property sold

Iconic Chatswood property sold

Marc Kemp, Allens

A consortium has acquired The Zenith for more than $279 million with assistance from multiple firms.

Firms: Allens (BlackRock Investment Management and Centuria Property Funds Limited); MinterEllison (The Zenith vendor); Clayton Utz (Centuria Property Funds Limited's unit trust)

Deal: A BlackRock investment client and Centuria Property Funds Limited made a joint acquisition of The Zenith.

Value: More than $279 million

Area: M&A

Key players: The Allens funds team was led by partner Marc Kemp (pictured), with assistance from senior associate Eve Regnard and associate Rebecca Sheehy.

The Allens real estate team was led by partner Nicholas Cowie, with assistance from senior associate Claudina Vranken, associate Chris Clark, and graduates Emma Bowers and Ryan Jameson.

Deal significance: A BlackRock investment client and Centuria Property Funds Limited made a joint acquisition of The Zenith.

The iconic Chatswood property, which consists of two 21-storey towers, was purchased by the consortium for more than $279 million.

The purchase is the first acquisition for the joint venture partners acting together.

Contracts for sale of the property exchanged on 18 May.

"We are delighted to have assisted BlackRock and Centuria with their first joint acquisition," Allens lead partners Marc Kemp and Nicholas Cowie said.

"We congratulate BlackRock and Centuria on the purchase of one of the north shore's premier office assets."

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

Iconic Chatswood property sold
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Debate, same-sex marriage, Law Society
Sep 21 2017
Law Society acknowledges ‘diversity of opinion’ on same-sex marriage
The council of the Law Society of NSW has said it respects the diverse views of its members on same-...
Scales of Justice
Sep 21 2017
Victoria considers legalising euthanasia
A change in law to allow voluntary assisted dying in Victoria will be considered by the State Parlia...
Old woman
Sep 21 2017
Federal government ignoring elder abuse crisis, lawyer says
A Queensland lawyer has called on federal politicians to follow the lead of the Queensland governmen...
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'...
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...
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 & ...