find the latest legal job
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
Infrastructure Lawyers
Category: Construction Law | Location: All Perth WA
· We'd be particularly interested to hear from you if you were a lawyer who knows your way around the infrastructure and energy sectors.
View details
BDW in ING’s Canadian takeover bid

BDW in ING’s Canadian takeover bid

BLAKE DAWSON WALDRON is advising ING Real Estate NV (INGRE) on the cash takeover bid by its indirect subsidiary of Summit real estate investment trust (REIT) in Canada.ING Real Estate Canada…

BLAKE DAWSON WALDRON is advising ING Real Estate NV (INGRE) on the cash takeover bid by its indirect subsidiary of Summit real estate investment trust (REIT) in Canada.

ING Real Estate Canada Trust (INGREC) — a joint venture special purpose vehicle owned by ING Industrial Fund (IIF) and INGRE — has launched a $3.36 billion takeover bid for Summit following a definitive agreement with the company’s board of directors.

IIF is an Australian listed managed investment scheme.

“As a 50/50 entity, the complexities were around structuring to meet the requirements of the Corporations Act 2001 as applicable to IIF as an Australian fund,” said BDW’s lead partner on the deal, Stephen Menzies.

“In relation to IIF’s participation, there were a series of complex Australian regulatory issues and ASIC modifications which had to be obtained by the team.”

Summit is Canada’s leading industrial REIT and the largest owner of industrial development property in the country, as well as Canada’s fourth largest REIT by market capitalisation on the Toronto Stock Exchange.

As well as Menzies, INGRE is being advised by BDW partner Matthew May and lawyer John Segleski. BDW’s team is working closely with Anna Crawford, general counsel for ING.

Simon Romano of Stikeman Elliot LLP in Toronto represented ING Real Estate in Canada.

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

BDW in ING’s Canadian takeover bid
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Law Council of Australia
Nov 21 2017
LCA calls for urgent adoption of ‘game-changing’ recommendation
The Law Council of Australia has urged for the immediate adoption of a key recommendation put forwar...
Sally Wheeler
Nov 20 2017
ANU College of Law appoints new dean
A distinguished legal academic and the former head of law of a higher education institution in Irela...
Nov 17 2017
It's time for politicians to commit to eradicating domestic violence
The national shame of domestic violence cannot be left unaddressed, writes Christine Smyth. ...
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 & ...