M&A Finance
K&L Gates
Full Credential Description
Real I.S., a German real estate investment fund manager, faced the challenge of executing a significant sale in the competitive office sector of the Australian Capital Territory. The client sought to divest the Australian Taxation Office (ATO) Building in Canberra, a transaction valued at A$290 million, which required careful of complex legal and regulatory frameworks, particularly given the cross-national nature of the deal. K&L Gates provided a tailored solution by leveraging their expertise in real estate transactions and their understanding of both Australian and German legal landscapes. The firm’s team, led by Sydney-based partner Samuel Brown, worked closely with Real I.S. to ensure a smooth transaction process. This included coordinating with Charter Hall, the buyer, and their legal advisors to facilitate the exchange and closing of the deal efficiently. The results of this collaboration were notable. The transaction not only marked a significant milestone for Real I.S. but also reinforced their strategic position in the Australian market. The successful sale followed a previous record-setting transaction involving the Geosciences Building, also sold to Charter Hall, demonstrating K&L Gates' consistent ability to support Real I.S. in achieving high-value outcomes in complex real estate transactions. The partnership has proven invaluable, with Real I.S. expressing confidence in K&L Gates' bespoke that enhance the efficiency and effectiveness of their capital transactions.
Measurable Results
Successfully completed $290M transaction