KWM advised on various components of the Quay Quarter development at 50 Bridge Street and the related approximately $430 million acquisition of AMP’s 33 Alfred Street.
The successful sale of 33 Alfred Street will allow AMP to relocate its Sydney headquarters, with the group recently committing to the anchor tenancy of its planned $2 billion Quay Quarter Tower development.
Francesca Giorlando, Will Whitaker, Paul Crawford, Ramya Kumar and Cassandra Steinmetz acted for AWOF and ADPF on the significant 36,000 sqm pre-commitment at Quay Quarter Tower, along with advising on interface issues between 33 Alfred Street and 50 Bridge Street.
Jessica Wallis, Will Whitaker and Elaine Asimakopoulos advised ADPF and AWOF on the acquisition of 33 Alfred Street.
Leah Ranie and Katrina Parkyn acted on GST and Taxation components.
“KWM’s experienced team, which offers impressive transactional credentials across multiple practice groups, looks forward to continuing to provide AMP innovative and tailored legal solutions during its ongoing development process,” Whitaker said.
The landmark Quay Quarter project is set to redefine the Circular Quay precinct, through its scale and technological innovations.
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King & Wood Mallesons advised AMP Capital Diversified Property Fund and AMP Capital Wholesale Office Fund on key transactions leading to it becoming anchor tenant in a multi-billion-dollar development.