Grace Quigley
Snr Adviser External Comms •
Sydney
Clayton Utz has advised global investment manager Realterm on the formation of its joint venture with Swiss-based global private equity firm Partners Group, leading to its acquisition of an industrial outdoor storage facility (IOS) in Sydney. The acquisition represents Realterm's entry into the Australian market.
The IOS facility provides around 40,000 square metres of hardstand in the southwestern Sydney suburb of Chipping Norton, located near Sydney's main arterial routes, including the M5 transport corridor.
Partner David Wilkie led our deal team alongside Senior Associate Francis Yuan.
David and Francis say it was a pleasure to assist Realterm on its entry into the Australian market.
With limited supply and high demand, competition among buyers for industrial assets in Sydney remains tight. It's great to have supported Realterm in forming its joint venture fast enough to acquire a tightly held asset in the area. We're excited to be a trusted advisor of Realterm as they continue growing their Australian presence.