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Banking Associate - 1-6PQE - Allen & Overy
Category: Banking and Finance Law | Location: United Kingdom
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Academic Dean and Head of School of the TC Beirne School of Law
Category: Other | Location: Brisbane QLD 4000
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Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Arncliffe NSW 2205
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Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: All Sydney NSW
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Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Sydney NSW 2000
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G + T adds water to deal mix

G + T adds water to deal mix

Gilbert + Tobin has acted for Twynam Agricultural Group on the sale of three of the company's farms and associated water rights. The Mungadal and Cooinbil farms in the Riverina district and…

Gilbert + Tobin has acted for Twynam Agricultural Group on the sale of three of the company's farms and associated water rights. The Mungadal and Cooinbil farms in the Riverina district and Buttabone north of Warren on the Macquarie River have been sold to a Macquarie Pastoral controlled agribusiness fund, the Paraway Pastoral Fund. The sale price was not disclosed.

G + T real estate and projects partner Amanda Hempel led the transaction, which was assisted by senior lawyer Kate Bloxsom.

Thomson Lawyers acted for Paraway.

The sale of the three properties comes at a time when there is a renewed sense of optimism with regard to large rural properties, following sluggish sales numbers since the GFC.

The total size of the three properties is around 177,000 hectares.

"In a recently subdued market for rural property, this result proves there is still buoyancy for quality rural real estate assets."

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G + T adds water to deal mix
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