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Real estate M&A and industry review
The real estate industry continues to evolve in a technology focused world, unlocking new REITs (real estate investment trusts) and investment opportunities. Against a backdrop of low bond yields, easing monetary policy and global volatility, our real estate sector M&A experts share insights and consider what opportunities lay ahead for the real estate Mergers and Acquisitions sector. ...
Three things you need to know about the Greater Sydney Commission's final regional and district plans
The Greater Sydney Commission released the final version of the Greater Sydney Plan (A Metropolis of Three Cities), as well as the final district plans for each of the five districts of the Greater Sydney Region (Western City, Central City, Eastern City, North and South). ...
Market-led proposals - still a unique opportunity
Australia has seen a significant increase in market-led proposals for infrastructure projects This is having an important effect on how government interacts with the private sector with all states and territories having released detailed guidance intended to boost these submissions even more Partner ...
Best practice approach to communications between principals and superintendents
This Insight sets out practical tips on achieving best practice communications between principals and superintendents in order to avoid any perception of bias, and summarises recent case law on the consequences of failing to heed this guidance. ...
1972 is calling: repeal of the Aboriginal Cultural Heritage Act 2021 (WA)
Just five weeks after its commencement, the Aboriginal Cultural Heritage Act 2021 (WA) (ACH Act) has been repealed, and will be replaced with an amended version of the Aboriginal Heritage Act 1972 (WA) (1972 Act) – the very legislation it was intended to overhaul. ...
Latest constitutional challenge to notional GST fails
Two recent decisions - Hornsby Shire Council v Commonwealth; and Landcom v Commissioner of Taxation - have rejected constitutional challenges to the notional goods and services tax (GST) voluntarily paid by the Commonwealth, states, local councils and statutory authorities. ...
Future-proofing the energy transition: strategies for mitigating project disputes
In this Insight, we explore the major trends that we believe will prove the most fertile ground for future projects disputes. ...
Allens advises UEM Sunrise on $277m build-to-rent development
Under the fund through structure on which the firm advised, UEM will sell the property to Greystar and will be appointed developer and delivery partner to construct approximately 400 apartments ...
Big Batteries are now 'premises': NSW Land Registry Services
The NSW Land Registry Services (NSWLRS) is expected to release updated guidance regarding the registration of leases for Battery Energy Storage Systems (BESS) in New South Wales. In this Insight, we outline the change and explore its benefits, as well as offer a comparison to the position in other Australian states. ...
Allens advises on Australia's largest ever build-to-rent transaction
'Mirvac is a pioneer in the BTR sector in Australia, and Allens has been a part of that journey since 2018. This landmark transaction establishes the first BTR fund in this country with both ...