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
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
Multibillion-dollar project to hit emerging Qld hotspot

Multibillion-dollar project to hit emerging Qld hotspot

Kristan Conlon

One of Australia’s largest residential property developments in recent times is underway.

Firms: McCullough Robertson (R&F Properties); King & Wood Mallesons Brisbane (Etone Australia Holdings); King & Wood Mallesons Melbourne (Springfield Land Corporation).

Deal: R&F Properties has been advised on its agreement to partner with Etone Australia Holdings (Etone) and Springfield Land Corporation (SLC) to deliver a major medium-high density apartment project at Greater Springfield.

Value: The end value is estimated at over $6 billion.

Area: Real estate

Key players: The legal team advising R&F Properties was led by McCullough Robertson real estate partner Kristan Conlon, with assistance from real estate senior associate Marianne Lloyd-Morgan and real estate lawyer Joel McAndrew.

McCullough Robertson planning and environment partner Stuart Macnaughton, banking and finance partner Peter Stewart and corporate senior associate Tiffany McLean were also involved in aspects of the deal.

Deal significance: R&F Properties is a Chinese development and investment group.

Its partnership with Etone and SLC will deliver a major medium-high density apartment project at Greater Springfield.

The residential development, to be known as Central Gardens, will be adjacent to the rail station and transit hub in the heart of Greater Springfield and will comprise approximately 10,000 apartments plus ancillary commercial and retail space.

Approximately $12.7 billion has been invested in Greater Springfield so far and the emerging city is attracting approximately $600 million in construction expenditure per year. Total investment on completion is expected to be in excess of $85 billion.

“Central Gardens accelerates the growth of Greater Springfield, an alternative to the Brisbane CBD, by providing new housing and work choices for our diverse and growing community,” SLC chairman Maha Sinnathamby said.

“Greater Springfield is already one of Australia's fastest urban growth regions and this significant project will bring many opportunities for our community and commerce base to grow and prosper here.

“Approximately 2,187 direct and indirect jobs are expected to be created during the life of the project.”

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

Multibillion-dollar project to hit emerging Qld hotspot
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
LCA president Fiona McLeod SC
Aug 17 2017
Where social fault lines meet the justice gap in Aus
After just returning from a tour of the Northern Territory, LCA president Fiona McLeod SC speaks wit...
Marriage equality flag
Aug 17 2017
ALHR backs High Court challenge to marriage equality postal vote
Australian Lawyers for Human Rights (ALHR) has voiced its support for a constitutional challenge to ...
Give advice
Aug 17 2017
A-G issues advice on judiciary’s public presence
Commonwealth Attorney-General George Brandis QC has offered his advice on the public presence of jud...
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 & ...