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
Premium Perth office building acquired

Premium Perth office building acquired

Victoria Holthouse

Two firms have advised on the acquisition of a 13-storey office building located in Perth’s CBD.

Firms: Allens (investment entity); HWL Ebsworth Perth (ICWA)

Deal: An undisclosed investment entity associated with Zone Q Investments (Zone Q) acquired Westralia Plaza from the Insurance Commission of Western Australia (ICWA).

Value: $87 million

Area: M&A

Key players: The team advising the investor associated with Zone Q was led by Allens partner Victoria Holthouse (pictured), with assistance from senior real estate counsel Karyn Thomson, lawyer Alexandra Lanyon and law graduate Rachel Giudicatti.

Deal significance: Westralia Plaza is a 13-storey CBD office building located in Perth and is the second in a suite of three premium office buildings ICWA has offered to the market.

Zone Q is a Chinese real estate developer that currently has a number of inner-city residential buildings in development in Perth. The acquisition by the investor associated with Zone Q expands the company’s portfolio to include commercial property.

Allens lead partner Victoria Holthouse said the transaction builds on the firm’s presence in the Western Australian property market.

“It is exciting to see new purchasers enter the Perth commercial CBD market with a commitment to the market,” she said.

“Zone Q is very keen to build on its commercial portfolio.”

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

Premium Perth office building acquired
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
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 & ...