MinterEllison has successfully advised Investa Commercial Property Fund in relation to the sale of its entire interest in the premium A-grade office and commercial building located at 135 King Street, Sydney to Daibiru Australia Pty Ltd, a subsidiary of Daibiru Corporation. This prime property is in the Sydney CBD and faces the Pitt Street Mall precinct.

The firm provided legal advice on all key aspects of the transaction, including material due diligence, preparation and negotiation of transaction documents, coordination of completion and liaising with various third-party stakeholders to obtain key consents. Completion occurred on 22 April 2025.

Related entities of Investa will retain their roles as Investment Manager, Property Manager, and Project Manager of the Property.

The MinterEllison team was led by Partner Wissam Abwi.

Wissam Abwi commented: "We are delighted to have assisted Investa Commercial Property Fund in this landmark transaction. Our team's dedication and expertise ensured a smooth and successful process, reflecting our commitment to achieving outstanding outcomes for our clients. Congratulations to Investa Commercial Property Fund and Daibiru on this significant achievement."