Property & Real Estate » Project Structuring & Delivery

Success often depends on formulating the right deal structure. Good advisers can ascertain which elements to include in a transaction to maximise the chance of success. Just as importantly, they have the industry insights to know which unnecessarily complex arrangements should be left out.

Corrs understands the different perspectives of government and developers. Our lawyers consider regulatory and legislative frameworks to bridge the divide and devise transactions that allocate the right levels of development, construction and delivery risk and the tax outcomes sought by each party.

Our Experts

Alan Churley.jpg

Alan Churley

Partner Location Perth Profile
Andy Leadston

Andy Leadston

Special Counsel Location Sydney Profile
WHEELERCatherinegrey.jpg

Catherine Wheeler

Special Counsel Location Perth Profile
Daryl Clifford.jpg

Daryl Clifford

Partner Location Brisbane Profile
Jay-Andrews.jpg

Jay Andrews

Partner Location Sydney Profile
ATKINSONJoannewebsitegreySIZEDTH.jpg

Jo-anne Atkinson

Special Counsel Location Brisbane Profile
Joe Davi.jpg

Joe David

Special Counsel Location Sydney Profile
LETIZIAJohnwebsitegreySIZEDTH.jpg

John Letizia

Special Counsel Location Brisbane Profile
Julie  Meakes.jpg

Julie Meakes

Special Counsel Location Sydney Profile
JOHNSTONMeaganwebsitegreySIZEDTH.jpg

Meagan Johnston

Special Counsel Location Perth Profile
POPELIANSKINathanielTH.jpg

Nathaniel Popelianski

Partner Location Melbourne Profile
Paul Carrick.jpg

Paul Carrick

Partner Location Sydney Profile
Peter Calov.jpg

Peter Calov

Partner Location Sydney Profile
Phillip Wilson.jpg

Philip Wilson

Partner Location Perth Profile
Randal Gerkens.jpg

Randall Gerkens

Partner Location Melbourne Profile
Rebecca Strom.jpg

Rebecca Strom

Partner Location Perth Profile

Our Experience

Green Square

Sydney’s Green Square project has revitalised an area of the inner city with 2000 apartments, retail and commercial developments and substantial public infrastructure. Corrs Chambers Westgarth is acting for a joint venture consortium comprising Mirvac Properties and Leighton Properties in relation to the AU$1.7 billion development to create the town centre.

ING Real Estate Waterfront City Development

While ING Real Estate has development rights over Melbourne’s $1 billion Waterfront City development at Docklands, the company (like the other developers at Docklands) operates in a highly regulated environment that includes an overarching project delivery/development agreement with the State agency, VicUrban.

The complex regulatory regime also specifies that certain types of development occur within a specific timeframe.

As key advisers to ING, Corrs has facilitated successful take out deals for stages of the project with third party developers that require bringing together all parties and managing complex issues and documentation while mitigating client risk.

Corrs is also advising ING on rectification strategies, contractual restructuring and potential claims by ING and others in relation to the Southern Star Observation Wheel. The wheel closed shortly after commissioning due to significant defects, and a key challenge is to implement a rectification solution that minimises disruption to surrounding retail and residential developments.

More

Major residential developments

Leading developer Australand created Discovery Point, Clemton Park and the Botanica development a Lidcombe in New South Wales under advice from Corrs Chambers Westgarth. The Discovery Point project represents Sydney’s best off the plan apartment development in Sydney at the time of writing.

Our Thinking

The pressure cooker that is Australia’s commercial property market

Development sites are scarcer and the risks are getting higher.

More

Environmental finance: A new way to finance your building retrofit

A new lending product is incentivising property owners to upgrade the environmental efficiency of their existing buildings.

More

Streamlining the sale and conveyancing process in Queensland

The Queensland Government investigation of ways to streamline the sale and conveyancing process in Queensland needs to address the disclosure requirements across all types of transactions.

More

Hot property - Get in quick

The Australian property market is so hot, you’re likely to be burned if you wait until you need it to look for new commercial property. It could cost you in failing to get what you need, or paying too much for it.

More

Dispute or deadlock? Be prepared

There have been a lot of lessons learned about joint venture mechanisms since the GFC. But not about deadlock procedures, even though they’re now more important than ever.

More

Our Experience

Green Square

Sydney’s Green Square project has revitalised an area of the inner city with 2000 apartments, retail and commercial developments and substantial public infrastructure. Corrs Chambers Westgarth is acting for a joint venture consortium comprising Mirvac Properties and Leighton Properties in relation to the AU$1.7 billion development to create the town centre.

ING Real Estate Waterfront City Development

While ING Real Estate has development rights over Melbourne’s $1 billion Waterfront City development at Docklands, the company (like the other developers at Docklands) operates in a highly regulated environment that includes an overarching project delivery/development agreement with the State agency, VicUrban.

The complex regulatory regime also specifies that certain types of development occur within a specific timeframe.

As key advisers to ING, Corrs has facilitated successful take out deals for stages of the project with third party developers that require bringing together all parties and managing complex issues and documentation while mitigating client risk.

Corrs is also advising ING on rectification strategies, contractual restructuring and potential claims by ING and others in relation to the Southern Star Observation Wheel. The wheel closed shortly after commissioning due to significant defects, and a key challenge is to implement a rectification solution that minimises disruption to surrounding retail and residential developments.

Major residential developments

Leading developer Australand created Discovery Point, Clemton Park and the Botanica development a Lidcombe in New South Wales under advice from Corrs Chambers Westgarth. The Discovery Point project represents Sydney’s best off the plan apartment development in Sydney at the time of writing.

Our Thinking

Dispute or deadlock? Be prepared

There have been a lot of lessons learned about joint venture mechanisms since the GFC. But not about deadlock procedures, even though they’re now more important than ever.

Hot property - Get in quick

The Australian property market is so hot, you’re likely to be burned if you wait until you need it to look for new commercial property. It could cost you in failing to get what you need, or paying too much for it.

Streamlining the sale and conveyancing process in Queensland

The Queensland Government investigation of ways to streamline the sale and conveyancing process in Queensland needs to address the disclosure requirements across all types of transactions.

Environmental finance: A new way to finance your building retrofit

A new lending product is incentivising property owners to upgrade the environmental efficiency of their existing buildings.

The pressure cooker that is Australia’s commercial property market

Development sites are scarcer and the risks are getting higher.

Our Experts

Alan Churley.jpg

Alan Churley

Partner Perth +61 8 9460 1660
Andy Leadston

Andy Leadston

Special Counsel Sydney +61 2 9210 6756
WHEELERCatherinegrey.jpg

Catherine Wheeler

Special Counsel Perth +61 8 9460 1684
Daryl Clifford.jpg

Daryl Clifford

Partner Brisbane +61 7 3228 9778
Jay-Andrews.jpg

Jay Andrews

Partner Sydney +61 2 9210 6422
ATKINSONJoannewebsitegreySIZEDTH.jpg

Jo-anne Atkinson

Special Counsel Brisbane +61 7 3228 9801
Joe Davi.jpg

Joe David

Special Counsel Sydney +61 2 9210 6235
LETIZIAJohnwebsitegreySIZEDTH.jpg

John Letizia

Special Counsel Brisbane +61 7 3228 9749
Julie  Meakes.jpg

Julie Meakes

Special Counsel Sydney +61 2 9210 6272
JOHNSTONMeaganwebsitegreySIZEDTH.jpg

Meagan Johnston

Special Counsel Perth +61 8 9460 1720
POPELIANSKINathanielTH.jpg

Nathaniel Popelianski

Partner Melbourne +61 3 9672 3435
Paul Carrick.jpg

Paul Carrick

Partner Sydney +61 2 9210 6353
Peter Calov.jpg

Peter Calov

Partner Sydney +61 2 9210 6215
Phillip Wilson.jpg

Philip Wilson

Partner Perth +61 8 9460 1663
Randal Gerkens.jpg

Randall Gerkens

Partner Melbourne +61 3 9672 3163
Rebecca Strom.jpg

Rebecca Strom

Partner Perth +61 8 9460 1807