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
Real estate developer adds $360m site to portfolio

Real estate developer adds $360m site to portfolio

Two firms have advised on the acquisition of a 9.4-hectare site in the peninsular suburb of Wentworth Point, in a deal worth $360 million.

Firms: Ashurst (Sekisui House); MinterEllison (Roads & Maritime Services)

Deal: Sekisui House has acquired 14A Hill Road, Wentworth Point.

Value: $360 million

Area: Real estate

Key players: The Ashurst team advising Sekisui House was led by corporate partners Pauline Tan and Barbara Phair.

Deal significance: Sekisui House was founded in Japan in 1960 and has a strong presence in Australia.

The real estate developer has over $2 billion currently invested in projects across the country, with more planned over the next 20 years.

This acquisition of 14A Hill Road, Wentworth Point will see the company acquire a further 9.4 hectares of Australian land, worth $360 million.

Ashurst corporate partner Pauline Tan said the acquisition is one of Sekisui House's most significant milestones since entering the Australian market in 2009, and firmly positions Sekisui House as one of the foremost property developers in the country.

“We are delighted to have advised Sekisui House in this significant acquisition at Wentworth Point,” she said.

“The site is an excellent addition to the company's existing developments and we are pleased to have advised on this milestone.”

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

Real estate developer adds $360m site to portfolio
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Transgender teens should not need legal approval for hormone treatment, court hears
A transgender 17-year-old known as Kelvin has appealed in the Family Court against the requirement o...
Appointed, Victorian Legal Services Commissioner
NFP CEO appointed Victorian Legal Services Commissioner
The CEO of a Victorian not-for profit pro bono legal services provider has been named as the state...
Human body, illegal organ trafficking, ALHR
Sep 22 2017
Australia poised to combat illegal organ harvesting: ALHR
The Australian Lawyers for Human Rights are calling for changes to the law so that organ trafficking...
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 & ...