Property
Finalist, Commercial Property & Construction Deal of the Year, Australasian Law Awards 2007
The Sparke Helmore Property team has extensive experience in property sales, acquisitions and projects.
We service the full legal and commercial needs of our clients for development, leasing and property management projects in the commercial, retail, residential, industrial and tourism sectors.
As a preferred supplier of property related legal services to the Federal and State governments, the team also has a clear understanding of the government operating environment.
Specialist understanding of key industry sectors differentiates our service provision: Aged Care and Retirement Villages, Public and Private Partnerships, Legal Masterplanning and Community Titling, Financial Services and Managed Investments.
With Sparke Helmore, clients stay close to the process as our legal experts navigate the client through project phases including drafting and negotiating documentation, project strategy, trust issues, management and structuring, planning, tax, finance and stamp duty.
Expertise
Our Property Group specialises in the provision of the following services:
- Joint venture and consultancy agreements
- Acquisitions and sales
- Commercial leases and subleases
- Property management
- Property development
- Legal master planning and titling (community title, strata and stratum subdivisions)
- Asset structuring and protection
- Agency law
- Project strategy and financing
- Planning and environmental advice
- Risk management
- Finance and capital raising
Experience
Examples of the Group's recent experience includes the following:
- Advised BMD/Urbex in its involvement in the proposed $175 million Babcock & Brown Residential Land Partners IPO. BMD/Urbex contributed 25% of the Ascot Chase, Victoria development (being the largest development by value in the portfolio) and 30% of the Kalynda, Townsville development (being the largest development in terms of number of home sites) into the portfolio.
- Advising Newcastle Council on the development and redevelopment of major public infrastructure as PPPs. This included drafting requests for expressions of interest, requests for tenders and advising on the selection process, including probity issues. We were also responsible for advising Council concerning its application for approval of PPPs by the NSW State Government in accordance with its PPP Guidelines.
- Acting on the design, legal masterplanning and development of Kooindah waters resort. A mixed use community title integrated resort development comprising golf course, residential and commercial components.
- Acting on participation agreement, tripartite financial agreement and ancillary documents for joint venture of large area of Honeysuckle Development for 470 stage units, hotel, commercial and retail.
- Acting for Medallist (a related entity to the Macquarie Bank) in the acquisition/legal masterplanning and development of the Vintage/Greg Norman Golf Course and 480 lot community title subdivision located in the Hunter Valley, including preparation of golf course management agreement and memberships, community titling, project financing, hotel management agreements, joint ventures and disposals.
- Advised NIB Hospital on the disposal/operation agreement and finance on the sale of the Hospital.
- Drafting and negotiating leases for Government clients including Centrelink, State Rail Authority, Sydney Water and the Department of Public Works and Services, Port Kembla Port Corporation and Waterways NSW.
- Acting for large corporations including OneSteel Limited, Caltex and AV Jennings on property acquisitions, sales and in the leasing of industrial and commercial premises nationally.
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