Grace Quigley
Snr Adviser External Comms •
Sydney
Media Release: Clayton Utz advises Mitsui Fudosan on its largest acquisition in Australia
1 minute
Clayton Utz has advised Mitsui Fudosan, one of Japan's largest listed property developers, on its acquisition of a two-thirds interest in a premium office development at 55 Pitt Street, Sydney. The acquisition represents Mitsui Fudosan's largest acquisition in Australia.
ASX-listed Mirvac is the owner of the remaining one-third interest and the ~$2 billion project will be delivered as a joint venture. Mirvac will develop and construct ~60,000 sqm+ of premium commercial and retail space and provide leasing, investment and property management services for the property.
Partner David Wilkie, Special Counsel Francis Yuan and Senior Associate Gina Yeung led the Clayton Utz team with support from Partners Michael Richardson, Lina Fischer and Claire Smith, Special Counsel Leighton Smith and Senior Associates, Richard Siou and Jordan Cheung.
David said:
It was a great pleasure advising Mitsui Fudosan on establishing its new capital partnership with Mirvac. We're excited to be a trusted advisor of Mitsui Fudosan as it continues to grow its Australian presence.
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Disclaimer
Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.