find the latest legal job
Legal Inhouse / Lawyer / Company Secretary
Category: Other | Location: Brisbane QLD 4000
· Fantastic Company · Potential to be Part Time / Flexible Work Pattern
View details
Part Time Risk & Compliance Officer
Category: Other | Location: Brisbane QLD 4000
· Brisbane City · Flexible Part Time Hours
View details
Infrastructure Lawyer/SA
Category: Construction Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Global elite law firm · Dedicated Infrastructure team
View details
In-House Legal Counsel (Mid to Senior)| Regulated Markets (Energy and Gas)
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Full PD on Request · Exciting High Impact Role
View details
Family Lawyer
Category: Family Law | Location: Eastern Suburbs Melbourne VIC
· Boutique Firm · Great Reputation
View details
Canadian real estate giant acquires EstateMaster

Canadian real estate giant acquires EstateMaster

Ben Smits

A Canadian-listed company that services the global commercial real estate industry has acquired Australian-based property group EstateMaster.

Firms: Norton Rose Fulbright (Altus Group Limited); K&L Gates (Estate Master Group Holdings Pty Limited)

Deal: Altus Group Limited (Altus Group) has been advised on the acquisition of 100 per cent of the issued capital in Estate Master Group Holdings Pty Limited (EstateMaster).

Value: Undisclosed

Area: M&A

Key players: The Norton Rose Fulbright team was led by partner Ben Smits (pictured), with assistance from partner David Cross and associate Mitchell Kelly.

The K&L Gates team was led by corporate and transactional partner Russell Lyons, with special counsel Rohan Purdy and lawyer Marie Zuo.

Deal significance: Altus Group is a Canadian-listed company and a provider of commercial real estate services, software and data solutions to the global commercial real estate industry. It has a network of more than 70 offices worldwide, including in Australia, Canada, UK, US and Asia.

EstateMaster is an Australian-based property development feasibility and management software provider. The company delivers a range of property development, valuation, investment and management software to more than 20,000 property professionals and over 1,000 firms across the Asia Pacific, Africa, Europe, India, the Middle East, the UK and US.

Altus Group chief executive officer Robert Courteau said the acquisition of EstateMaster broadens his company’s product offerings with “software solutions complementary to our ARGUS Developer product, while adding market share in our growth regions, including Australia and the Middle East”.

“Their established track record of growth, combined with their impressive team and solid industry reputation, will add value to our growth initiatives.”

Norton Rose Fulbright partner Ben Smits said the firm was delighted to assist Altus Group on an acquisition that will complement its existing client offering.

“The deal has come at a time where Altus Group, as an innovative and dynamic market player, can harness the considerable market interest in property, construction and related services globally,” Mr Smits said.


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

Canadian real estate giant acquires EstateMaster
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Nov 22 2017
Reduced investment protections will make robust commercial arbitration mechanisms all the more critical for investors
Promoted by Maxwell Chambers. This article discusses the current trend away from investor protect...
Tsunami
Nov 22 2017
‘Document tsunami’ driving lawyers to upskill in TAR
A prominent Victorian judge has highlighted the growing need for lawyers to expand their knowledge o...
Defamation expert appointed to lead Victorian Bar
Nov 22 2017
Defamation expert appointed to lead Victorian Bar
The Victorian Bar has named Dr Matt Collins QC as its new president, with an additional eight member...
APPOINTMENTS
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'...
opinion
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...
Help
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 & ...