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Intera Group completes $212m North Sydney Tower acquisition
Australian law firm, McCabe Curwood, has advised Intera Group on its acquisition of 65 Berry Street, located in North Sydney.
Emma Musgrave
Firm: McCabe Curwood (Intera Group).
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Deal: Intera Group was advised in relation to the acquisition and finance of 65 Berry Street.
Value: Approximately $212 million.
Area: M&A.
Key players: The team advising Intera Group was led by McCabe Curwood property principal Marcus Andrews and special counsel Toby Carter.
Deal significance: The acquisition was complete on 18 December 2020. Prior to settlement, the North Sydney Tower was part of the Charter Hall Office Trust.
Commenting on the deal, McCabe Curwood’s property team said: “It was a pleasure to represent the Intera Group in this matter which involved complex due diligence including the existence of the Metro station at North Sydney being constructed immediately adjacent to the site.”
