MinterEllison has advised Challenger Life Nominees Pty Ltd (in its capacity as trustee for the Challenger Barracks Trust) (Challenger) on the sale of heritage- listed 'The Barracks', an iconic mixed retail and commercial complex situated within the Caxton Street entertainment precinct in Brisbane.

The Barracks is one of Brisbane's premier specialty retail precincts, offering a unique range of convenience and retail amenity in an easily accessible location.

"As an iconic destination in the Caxton Street precinct, we are proud to have been involved in the recent sale of The Barracks and achieve a fantastic outcome for our client," said Adrian Rich, MinterEllison lead Partner.

"We have advised Challenger with its leasing transactions at The Barracks for a number of years, and this understanding really helped deliver tangible benefits to Challenger during all phases of the transaction."

"It has been great to work alongside Challenger on leasing matters within its national portfolio for a number of years, including the recent significant commercial lease transactions with Hatch and Southern Cross Austereo at The Barracks."

Challenger is an ASX-listed investment management firm managing $81 billion in assets (as at 30 June 2018).

The MinterEllison team was led by Adrian Rich (Partner). He was supported by Euon Williams (Senior Associate), Ruth Sainsbury (Associate), Harold Rafter (Lawyer) and Samantha Byrne (Law Clerk).