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Expansion in scope of transactions subject to FIRB approval rules
Insight 15 Dec 2021

In this Insight, we look at the changes and comment on what they mean for transactions. The changes to the SOCI Act also have operational implications for many businesses – which we will separately publish on. ...

Allens advises AustralianSuper on $1.9 billion investment in Optus Towers
News 05 Oct 2021

ATN is Australia's largest independent tower company and will continue operating Optus' passive telecommunications tower infrastructure in partnership with Singtel. Its tower platform comprises ove ...

Commissioner victorious in taxing cross-border trust distributions of capital gains
Insight 04 Aug 2021

The Full Federal Court has confirmed a controversial view held by the Commissioner of Taxation (the Commissioner) on the taxation of capital gains from non-taxable Australian property made by Australian resident discretionary trusts that are distributed to foreign resident beneficiaries. ...

Allens advises on largest Australian hotel real estate sale
News 27 Jul 2021

Allens has advised a fund managed by the Mirvac Group and the NRMA on the record $620 million sale of the Travelodge hotel portfolio to fund manager Salter Brothers. ...

AIFMD: update on the state of play for Australian fund managers post-Brexit
Insight 27 Jul 2021

The landscape for wholesale investment funds in the UK has shifted in the wake of Brexit. We give a round-up of the latest developments, and explain what Australian fund managers who are marketing their products to EU or UK investors need to know. ...

Changes to FIRB Guidance Notes
Insight 26 Jul 2021

The Australian Government has finalised and released legislation to make major changes to Australia's foreign investment laws – commonly known as the 'FIRB regime' – with effect from 1 January 2021. This Insight summarises the key changes to the FIRB regime. ...

Potential licensing relief for Foreign Financial Service Providers
Insight 15 Jul 2021

Following on from the 2021-22 Federal Budget announcement in May relating to additional licensing relief for Foreign Financial Service Providers (FFSPs), on Friday 9 July 2021, Treasury released a Consultation Paper titled 'Relief to Foreign Financial Service providers', which canvasses a range of potential options. This marks the next step in the long and winding FFSPs licensing relief saga. ...

Allens advises on US$750m LNG infrastructure investment
News 14 Jul 2021

TGA retains full control and ownership of its 27.5% interest in the Gladstone LNG Project joint venture. 'We congratulate GIP on another landmark acquisition', said lead Partner Igor Bogdanich. 'Th ...

Allens advises LOGOS consortium on $1.67bn logistics acquisition
News 06 Jul 2021

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 ...

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