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Metro Property secures Bingara Gorge from Lendlease
A commercial law firm has assisted in securing the Bingara Gorge Lendlease site for client Metro Property.
Naomi Neilson
Firm: Arnold Bloch Leibler (Metro Property)
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Deal: Arnold Bloch Leibler (ABL) has acted for Australian property developer Metro Property on the acquisition of the Bingara Gorge site from Lendlease.
Value: N/A.
Area: M&A.
Key players: The team was led by property and development partner Tyrone McCarthy and commercial partner Paul Rubenstein with assistance from newly appointed senior associate Rob Deev. The team advised on all aspects of the deal.
Deal significance: The sale agreement of one of Australia’s largest residential subdivisions is due to be completed in mid-2021.
Mr McCarthy commented: “We are pleased to have assisted Metro with this significant acquisition and look forward to working with the team on future transactions and land developments.”
