Allens is acting for Federation Centres in its proposed merger with fellow real estate investment trust Novion Property Group. Minter Ellison is also acting for Federation Centres.
The proposed merger will create Australia's leading fully diversified retail REIT, with ownership or management of 102 retail assets worth more than $22 billion.
The proposed merger is subject to securityholder approval. The merger, if approved, will be effected by a company scheme and trust scheme, under which Federation Centres will acquire all shares and units in Novion Property Group in exchange for new shares and units to be issued by Federation Centres to Novion Property Group securityholders.
The Allens team on the matter was led by Partner Craig Henderson.
Mr Henderson said the proposed merger was a significant one for Federation Centres and the firm.
'This matters continues our history of acting on the most significant M&A deals in the Australian market,' he said.
Allens legal team
Craig Henderson (Partner – Melbourne), Hannah Biggins (Senior Associate – Melbourne), Adam Laidlaw (Associate – Melbourne), Michael Beaconsfield (Lawyer – Melbourne), David Brewster (Partner – Melbourne), Rosannah Healy (Senior Associate – Melbourne) and Lauren McInnes (Lawyer – Melbourne)
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Notes for editors.
Allens is a commercial law firm working throughout Australia and Asia. Through its integrated alliance with Linklaters it provides clients access to 40 offices in 28 countries around the world.