Profile of Michael Graves

Michael Graves

Partner, BSc LLB (Hons)

About Michael Graves

Michael specialises in commercial property development and infrastructure projects. His expertise includes advising developers, investors and financiers of real estate and infrastructure projects on risk allocation, divestment, acquisition, development and ownership/ investment structures, complex leases, finance and security arrangements and subdivision issues.

Michael also has extensive experience in the area of renewable energy having advised some of Australia and the world's leading renewable energy companies on the development of solar and wind farms throughout Australia.

Michael is consistently recognised in various client and peer surveys as a leading individual in Real Estate, including in Chambers Asia Pacific and Best Lawyers. The Chambers Asia Pacific 2018 guide described Michael as "really good, very proactive, hard-working, innovative and solutions-driven".

Michael’s professional honours also include:

  • Chambers and Partners, Notable Practitioner, Real Estate;
  • Best Lawyer, Real Property, The Australian Financial Review's Best Lawyers: Australia
  • Recommended VIC Property & Real Estate Lawyer, Doyle’s Guide

Michael's experience includes:

Commercial Property

  • David Jones – on the sale and leaseback of its flagship store at Elizabeth St, Sydney.
  • KKR – advising on the acquisition of Arnott's, including the contemporaneous sale and leaseback of Arnott's Australian manufacturing facilities in New South Wales, Queensland and South Australia.
  • CBRE Global Investors – on the acquisition, development and ongoing leasing of 118 Mount Street, North Sydney.
  • CBRE Global Investors – on the acquisition, development and divestment of a portfolio of Bunnings hardware stores across Australia.
  • Rest – on its acquisition of a one-third stake in Sydney's Quay Quarter Tower redevelopment for approximately $900 million. Rest joined two AMP Capital managed funds with equal stakes in the $2.7 billion project, which will see the existing AMP Centre tower and two Circular Quay blocks redeveloped into a 50-level premium grade skyscraper.
  • CBRE Global Investors – on its acquisition of an officer tower located at 120 Spencer Street, Melbourne.
  • ExxonMobil - advising in relation to the sale of Esso House and the development and leasing of its new Australian head office premises at 664 Collins Street, Melbourne.
  • Bayerische Versorgungskammer (BVK) – advising German pension fund BVK and Universal Investment Gesellschaft mbH in relation to the acquisition of South Wharf Tower, a premium office tower located in Melbourne, from Deka-ImmobilienGlobal.
  • Scape – advising in relation to the purpose built student accommodation led over-station mixed use development, including the negotiation of a value capture deed with the State.
  • Woolworths Shopping Centres and Speciality Stores – advising Woolworths in relation to the development of shopping centres, supermarkets petrol stations, hardware stores and mixed use.
  • Peters Ice Cream – advising on the sale to Charter Hall and leaseback of the Peters Ice Cream food processing, warehouse and administration facility located in Mulgrave, Victoria.
  • Goldman Sachs – advising in relation to the establishment of a new $1.5 billion student accommodation joint venture with Blue Sky Private Real Estate and the development of student accommodation facilities throughout Australia.
  • British Columbia Investment Management Corporation – advised British Columbia public sector pension fund manager bcIMC on its entry into a joint venture with Pamoja Capital Group to invest in student accommodation assets.
  • Campus Living Villages – advising the owners of Campus Living Villages on the operation and proposed divestment of a portfolio of purpose built student accommodation projects.
  • Google – advising on its Australian premises strategy, including its head office accommodation and the establishment of their drone facility in Canberra, ACT.
  • Brookfield – advising on the property aspects of its $1.3 billion takeover of retirement living operator, Aveo Group.
  • Development Victoria –
    • on its Revitalising Central Dandenong project a 30 year initiative involving the creation of vibrant mixed use precincts comprising new dwellings, community spaces, offices, a hotel and conference centre, education facilities, retail, medical and a contemporary Indian cultural precinct;
    • advising on the divestment of 645 hectares of green fields across three residential estates situated within Melbourne's main growth corridors; and
    • advising Places Victoria in relation to a range of residential projects, including Aurora, Altona, Avondale Heights, Officer, Parkside, Riverwalk, Valley Lake and Tower Hill.
  • SCA Property Group – advising Woolworths in relation to the $1.4 billion demerger of SCA Property Group, which involved the creation of a separate stand-alone entity listed on ASX, SCA Property Group, owning a portfolio of 69 shopping centres and a concurrent IPO capital raising to raise up to $525 million.

Renewable energy

  • Acciona Energy – on the development of wind and solar farms throughout Australia.
  • Metka – on the development of solar farms throughout Australia.
  • Stockyard Hill Wind Farm (Vic) – advising Goldwind in relation to the acquisition and development of this 500 MW project.
  • Moorabool Wind Farm (Vic) – advising Goldwind in relation to the development of this 320 MW project.
  • AGL – advising AGL in relation to the sale of its 102 MW Nyngan (NSW) and 53 MW Broken Hill (NSW) solar plants and its 200 MW Silverton Wind Farm (NSW) to the Powering Australia Renewables Fund.
  • First Solar – in relation to the development and divestment of solar farms throughout Australia.
  • Macarthur Wind Farm (Vic) – advising AGL and Meridian Energy Limited on the development and divestment of the A$1 billion Macarthur Wind Farm project.
  • Granville Harbour Wind Farm (Tas) – advising Westcoast Wind in relation to the development and divestment of this 109MW project.
  • Bald Hills Wind Farm (Vic) – advising Mitsui on the development and financing of its Bald Hills Wind Farm project.
  • Roaring 40s – advised Roaring 40s on the 140MW Woolnorth Bluff Point and Studland Bay Wind Farms (Tas), the 111MW Waterloo Wind Farm (Tas) and the 168MW Musselroe Wind Farm (Tas).

Infrastructure

  • Etihad Stadium – advising Melbourne Stadiums Limited in relation to various issues arising out of the development and operation of Etihad Stadium, including the integration of the stadium with numerous mixed use developments to be carried out on land adjacent to the stadium.
  • Esso – advising Esso in relation to the Longford Pipeline Replacement Project. involving the construction of a $400 million, 187 km pipeline to transports crude oil and condensate between its facilities at Longford and Long Island Point.
  • Sydney Desalination Plant – advising Ontario Teachers Pension Plan and Hastings in relation to the acquisition of the Sydney Desalination Plant. This work involved negotiating a long term lease of the plant and numerous licences and easement agreements.
  • Privatisation of Melbourne's passenger rail system – advising the Victorian Government on the privatisation and re-franchising of Melbourne's train and tram networks.
  • Forestry SA – advising the lenders to The Campbell Group and the Future Fund in connection with their $620 million acquisition of Forestry SA's soft wood plantation business.
  • SP Ausnet and Jemena – advising State Grid International Development Limited on the acquisition from Singapore Power International Pte Limited of:
    • 19.9 per cent of the stapled securities in SP Ausnet, an ASX-and SGX-listed Australian entity that builds, owns and maintains regulated electricity transmission and electricity and gas distribution assets in Victoria; and
    • a 60 per cent interest in SPI (Australia) Assets Pty Limited, a private Australian company trading as Jemena that builds, owns and maintains gas distribution and transmission, electricity, distribution and water assets in Victoria, Queensland, NSW and the ACT.
  • Canada Pension Plan and Insurance Board – advising on its $3.4 billion takeover of toll road investor Intoll Group.