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
Real Estate & Projects Lawyer (6+ years PAE)
Category: Property Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Top tier firm with offices nationally · High profile clients
View details
G+T advises US company on first Oz acquisition

G+T advises US company on first Oz acquisition

Gilbert + Tobin has advised CommonWealth REIT on its acquisition of the MacarthurCook Industrial Property Fund, which has an enterprise value of approximately $90 million.Corporate advisory…

Gilbert + Tobin has advised CommonWealth REIT on its acquisition of the MacarthurCook Industrial Property Fund, which has an enterprise value of approximately $90 million.

Corporate advisory partner Marko Komadina led the Gilbert + Tobin team, together with senior lawyer David Clee and tax partner Peter Feros.

The transaction was implemented via a trust scheme which was subject to a number of conditions, including CommonWealth REIT entering into an agreement with MacarthurCook Fund Management Limited, the responsible entity of the MacarthurCook Industrial Property Fund, in relation to the ongoing management arrangements for the fund.

Gilbert + Tobin negotiated and advised CommonWealth REIT in relation to those management arrangements and also advised on the income tax consequences of the transaction.

CommonWealth REIT, a US real estate investment trust listed on the New York Stock Exchange, owns $US6.6 billion of US office and industrial property assets. It is managed by Reit Management & Research LLC which manages over $US17 billion of property assets across office, industrial, hotel and seniors living sectors.

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

G+T advises US company on first Oz acquisition
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice, Victorian County Court, retiring judges
Aug 21 2017
Replacements named for retired Vic judges
Two new judicial officers have been appointed in the Victorian County Court, following the retire...
Applauds
Aug 21 2017
LCA applauds proposed Modern Slavery Act
The Law Council of Australia has welcomed new recommendations for the development of a Modern Slaver...
Mentoring
Aug 21 2017
Top-tier offers targeted mentoring for Indigenous law students
Students at Macquarie University will be the first to benefit from a new Indigenous mentoring progra...
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 & ...