Hamilton Locke Advises JY Group on its $120.5 Million Acquisition of 50% Share of Carlingford Court Shopping Centre

Hamilton Locke is delighted to announce that it acted on behalf of JY Group on its $120.5 million off market acquisition of its 50% share of the Carlingford Court Shopping Centre.

Partner and Head of Real Estate Markets John Frangi led our multidisciplinary transaction team, core members of which included special counsel Edwina Renshaw and lawyer Bobby Nader, who advised on all aspects of the acquisition including the undertaking of extensive property due diligence and negotiation of the contract for sale. The Hamilton Locke Real Estate team was well supported by partners and lawyers from our Finance, Funds and Financial Services practice groups who advised on the co-ownership and acquisition financing arrangements.

Commenting on the deal, John Frangi said: “We are thrilled to have assisted JY Group as it continues to expand its portfolio of Australian retail assets”.

KEY CONTACTS

Partner, Head of Real Estate Markets