NEWS

Allens advises LOGOS consortium on $1.67bn logistics acquisition

Banking Competition law Environment & Planning Funds Government Infrastructure Mergers & Acquisitions Property & Development Transport

Allens has advised the LOGOS consortium - comprising AustralianSuper, AXA, NSW Treasury Corporation, Ivanhoé Cambridge and LOGOS - on the $1.67 billion acquisition of the warehousing and property components of Qube's Moorebank Logistics Park.

Moorebank Logistics Park is Australia's largest freight infrastructure project and will link Port Botany direct to rail terminals and warehousing on a 243-hectare site, greater than the size of the Sydney CBD.

Co-lead Partner and projects specialist, Nigel Papi said: 'This highly complex transaction underscores the strong interest of long-term investors in logistics assets. The Moorebank Logistics Park is a unique site combining warehouse construction, rail infrastructure and an import-export terminal. Qube's monetisation process received strong interest from a number of parties and we are very pleased to have been able to assist the LOGOS consortium to secure this significant asset.'

Co-lead Partner and funds specialist, Penny Nikoloudis said: 'We congratulate LOGOS and the consortium partners on this landmark investment. We are fortunate to know LOGOS very well, having acted for LOGOS on significant ventures and transactions over the past decade, which have helped shape the dynamic and growing logistics sector in Australia.'

Allens legal team

Projects

Nigel Papi (co-lead Partner), Magda Kucharska (Senior Associate), Isabel Burraston (Senior Associate), Timothy Leschke (Senior Associate), Muirgen O'Seighin (Associate), Hennie Lui (Lawyer), Rachael Eustace (Lawyer), Eden Sweeney (Lawyer), Emily Graham (Law Graduate)

Funds

Penny Nikoloudis (co-lead Partner), Will Francis (Senior Associate), Jamil Diu (Senior Associate), Breda Loughnane (Associate), Isabel Wormald (Associate), Ellie Wyatt (Associate), Adriano Carnevale (Lawyer), Jin Pang (Lawyer)

M&A

Tom Story (Partner), Adrian Amer (Managing Associate), Patrick McGregor (Senior Overseas Practitioner), James Nguyen (Senior Associate), Lucinda Campbell (Lawyer)

Real Estate

David McLeish (Partner), Raj Patel (Senior Associate), Peter Brennan (Senior Associate)

Environment and Planning

Bill McCredie (Partner), Gobind Kalsi (Managing Associate), Katherine McLellan (Senior Associate), Tina Tran (Associate)

Banking and Finance

Jo Folan (Partner), Morgan Phelan (Managing Associate)

FIRB

Wendy Rae (Partner), Andrew Wong (Counsel)

Energy

Andrew Mansour (Partner), Luisa Colosimo (Senior Associate), Mark Leersnyder (Senior Associate), Georgia Percy (Associate)

Competition, Consumer and Regulatory

Ted Hill (Partner), Anita Thompson (Managing Associate), Andrew Robertson (Lawyer)

Intellectual Property

Joel Barrett (Partner), Emma Gorrie (Senior Associate)