M&A Advisory
K&L Gates
Full Credential Description
Real I.S. AG faced the challenge of establishing a diversified real estate in Australia, with a target volume of AUD400 million focused on core office properties in major cities. The firm sought to make its first significant acquisition to kickstart this strategy. K&L Gates provided tailored legal advice for Real I.S. AG's AUD85 million acquisition of a five-star NABERS-rated office building located on Waymouth Street in Adelaide's central business district. This acquisition is pivotal as it serves as the foundation for Real I.S. AG's broader investment strategy in the Australian market. The K&L Gates team, led by real estate partner Samuel Brown, offered comprehensive support throughout the acquisition process. This included advice on debt financing from partner Richard Gray, guidance on indirect tax matters from partner Matthew Cridland, and assistance with Foreign Investment Review Board (FIRB) compliance from partner Adam Levine. The collaborative effort ensured that Real I.S. AG could navigate the complexities of the Australian real estate market effectively. As a result of this strategic acquisition, Real I.S. AG is positioned to build a robust for its institutional investors, marking a significant step in its investment journey in Australia. The successful completion of this transaction not only enhances Real I.S. AG's presence in the Australian market but also sets the stage for future growth and diversification in various property sectors, including retail, hotel, and logistics.