Real Estate Finance

Financing is perhaps more important to the real estate industry than most. The link between the availability of finance and real estate asset values was all too clear during the worst of the global financial crises. Real estate continues to be an area with significant scope for growth in the Asia Pacific region with the industry facing the challenges of urban consolidation and competition for development sites, as well as the consolidation of industry participants. Recently, we have witnessed foreign interest in the Australian real estate market with many foreign players having an appetite for Australian assets. All of this suggests an ongoing demand for debt finance in the real estate sector and an active real estate finance market into the future.

Real estate finance is a strength of MinterEllison. Our real estate finance group are market leaders on all aspects of real estate financing from structuring through to dispute resolution. We advise a broad range of market participants, acting for senior and mezzanine debt providers, borrowers, issuers, sponsors and REITs.

We regularly structure and execute complex construction and development finance transactions across the residential, retail, commercial, industrial, hotel and tourism and aged care sectors, often involving joint venture or co-ownership arrangements and public private partnerships. We have had leading roles in a number of landmark urban renewal projects.

We are also active in the financing of REITs (both listed and wholesale) and managed investment schemes and have acted for the financiers in many of the significant A-REIT debt transactions (and restructures) over the past few years.

Our debt capital markets team regularly acts for real estate industry participants in DCM raisings including commercial mortgage backed securities and bond issues.

Acting for Commonwealth Bank of Australia in providing a cash facility to Century Finance Pty Ltd to fund the acquisition of a 50% interest in the Runaway Bay shopping centre in Runaway Bay, Queensland

Acting for Commonwealth Bank of Australia in providing a cash facility to Century Finance Pty Ltd to fund the acquisition of a 50% interest in the Runaway Bay shopping centre in Runaway Bay, Queensland

Acting for Global Construction Services Group in obtaining from Commonwealth Bank of Australia cash and equipment facilities to fund working capital requirements

Acting for Global Construction Services Group in obtaining from Commonwealth Bank of Australia cash and equipment facilities to fund working capital requirements

Acting for Bankwest in providing a guarantee facility to NRW Holdings Group to fund their working capital requirements

Acting for Bankwest in providing a guarantee facility to NRW Holdings Group to fund their working capital requirements.

Facility to the Metro Property Development group for the construction of over 400 units at the Newstead Central complex

A$115m facility to the Metro Property Development group for the construction of over 400 units at the Newstead Central complex in Brisbane, Queensland (advised HSBC as Financier)

Term and revolving facilities for the acquisition by a Blackstone sponsored fund of a portfolio of logistics assets

A$432m term and revolving facilities for the acquisition by a Blackstone sponsored fund of a portfolio of logistics assets from the Goodman Group (advised ANZ and HSBC as Financiers)