The acquisition relates to the industrial park in Melbourne’s south-east suburbs sees Hale acquire a multi-tenanted industrial hub offering a total lettable area of 50,000 square metres, which is just 26 kilometres south-east of the Melbourne CBD and close to key transport routes that connect into Melbourne Airport and the Port of Melbourne.
The Pinsent Masons team on the matter was led by Sydney-based finance legal director Melanie Hunter, with close support from Associate Richard Beauchamp.
Commenting on the matter, Melanie said that this strategic acquisition continues the expansion of businesses focused on achieving scale, market presence and connectivity across Melbourne’s eastern corridor.
‘We are pleased to have once again advised KGI Bank and Taishin International Bank on their support of key business hub and logistics acquisitions in Australia,’ Melanie said.
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