find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Real Estate & Projects Lawyer (6+ years PAE)
Category: Property Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Top tier firm with offices nationally · High profile clients
View details
Circular Quay tower sold

Circular Quay tower sold

Andrew Flannery

Two firms have advised on the acquisition of the former Coca-Cola Amatil headquarters in Sydney.

Firms: DibbsBarker (Landream and Macrolink Real Estate); Clayton Utz (AMP Capital)

Deal: Landream and Macolink Real Estate teamed up to acquire 71 Macquarie Street from AMP Capital.

Value: $158.5 million

Area: Real estate

Key players: The team from DibbsBarker included property and project partner Andrew Flannery (pictured), associate Alexandra Henderson and conveyancer Liliane Daher, who were assisted by members of the commercial team and planning and environment teams.

On the Clayton Utz side, partner Julie Levis and senior associate Carrie Rogers worked on the transaction.

Deal significance: Landream is an Australia-based developer with a history of residential and mixed-use projects in Melbourne and Sydney.

Macrolink Real Estate is part of the Beijing-based Macrolink Group, a corporate body with interests in real estate, petroleum, mining, chemical engineering and finance.

In partnership, the two entities have purchased the building at 71 Macquarie Street, Sydney, which was formerly the headquarters of Coca-Cola Amatil.

The office tower is earmarked for development into a 20-storey luxury apartment tower as part of a larger revamp of the Circular Quay area.

Partner Andrew Flannery praised Landream’s vision for the site.

"Landream is a company with clear vision and a strong track record for providing high-quality residential products," he said.

"It is great to see them team up with Macrolink, a major international developer, to jointly deliver Sydney’s most exciting new residential tower."




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

Circular Quay tower sold
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
Scales of Justice, Victorian County Court, retiring judges
Aug 21 2017
Replacements named for retired Vic judges
Two new judicial officers have been appointed in the Victorian County Court, following the retire...
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 & ...