Leasing

A key part of our practice involves working with clients on their major one-off leases and on volume leasing work Australia-wide. MinterEllison's leasing team has significant experience in leasing and redevelopment work for Australia's leading property owners and managers.

We are unique among large full-service firms for delivering these services cost effectively. While other large firms abandoned this work some time ago, MinterEllison renewed its practices and procedures and developed a team and system that enables us to provide the services cost effectively.

We advise on commercial, industrial, and retail leases; headquarters relocation; variations to, surrender or assignments of leases; subleases; green leasing; licence agreements (e.g. car park, storage, and telecommunications); right of entry waivers; facilities management; and lease-related dispute resolution.

Our leasing team is experienced in providing leasing services to landlords, tenants, agents, private enterprise and government, developers and others. Members of our team author the Retail Legislation Compendium, now in its 4th edition, which summarises Australia's tenancy laws across all states and territories.

Acquisition of the Mermaid Marine Supply Base from MMA Offshore

Advised Toll in relation to its strategic acquisition from MMA Offshore of the Mermaid Marine supply base and logistics supply base business for approximately $44 million. The acquisition of assets included property leases, inventory, plant and equipment, leased equipment and statutory licences.

Port Botany and Port Kembla Transaction

Advised the New South Wales Government (NSW Treasury) on the refinancing of Port Botany and Port Kembla in NSW. The project was unique, involving the contemporaneous refinancing and long term lease of two major Australian ports. Our role included extensive legal analysis of the existing assets and businesses and the regulatory landscape; recommending a transaction structure; drafting special transaction legislation; asset restructuring; preparing extensive interrelated transaction documents; tender process and negotiations; and implementation under legal project management. The project was complex and very significant for NSW, with the transaction widely considered to establish a new benchmark in transaction preparation and execution.

Qantas Sydney Airport Domestic Terminal 3

Led the $535million relinquishment of the Sydney Airport Domestic Terminal 3 to Sydney Airport Corporation for Qantas, including the negotiation of priority usage of Terminal 3 for the hosting of millions of Qantas passengers each year for the next decade. This involved the structured relinquishment of approx. 74,000 square metres, including 17 airport lounges gates, 24,000 sqm of office and other leasable space, 51 commercial outlets, three club lounges and 120 valet car parking spaces.

CBA Office Space - 357 Collins Street, Melbourne

Advising the Commonwealth Bank of Australia (CBA) on 357 Collins St, Melbourne. Our role included advising CBA on the design, construction and lease of commercial office space, acting in relation to its negotiation for the design, construction and lease of additional commercial office space to that in the original Agreement for Lease and we also settled claims in relation to CBA's delay damages and advising on contract administration matters involving variation claims and extensions of time claims.

Brisbane commercial office towers and retail leasing

Acts for Brookfield in drafting and negotiating commercial leases for CBD commercial towers at 10 Eagle Street, 324 Queen Street and 240 Queen Street, Brisbane, and retail leasing for Portside Wharf and Great Western Super Centre.