Corrs advises on ESR's off-market Propertylink deal

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A team from Corrs Chambers Westgarth is advising Asia-Pacific focused real estate logistics and funds management platform ESR on its AU$723 million off-market takeover bid for ASX-listed Propertylink Group.

The cash offer is backed by US private equity giant Warburg Pincus and recently opened for acceptance by Propertylink security holders, following entry into a bid implementation agreement by ESR and Propertylink in mid-November.

The Corrs team advising on the deal is led by Partners Sandy Mak, Adam Foreman and James Morley, who were supported by Special Counsel James Shirbin, Lawyers Tatiana Stein, Corinne O’Sullivan and Jordana Montag, and Graduate Justin Katz.

Also involved is real estate partner Andrew Leadston and his team.

Ashurst celebrates 100 years of women in Australian law
It was 1918 that the Women’s Legal Status Act 1918 (NSW) was passed, enabling women to practise and stand for parliament for the first time in New South Wales.

Ashurst has been marking the 100th anniversary of this landmark legislation which came 15 years after Victoria had become the first Australian state to allow women to practise.

The firm has shown support of the First 100 Years initiative with a photomosaic portrait of Ada Evans, the first Australian woman to graduate with a Bachelor of Laws; created by multimedia artist Rocco Fazzari and made up of a collection of photographs of over 160 staff, clients and affiliates of Ashurst.

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The New Zealand law firm ‘photoshopped’ the image to remove wine glasses. The firm’s HR consultant Poncho Rivera-Pavon told that the glasses were removed to ensure the focus was on the young lawyers’ achievements.