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Paul Carrick

Partner

CARRICK Paul LARGE

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From capital transactions, property developments and joint ventures to title structuring, Paul acts for leading investors, developers and tenants in all aspects of commercial, industrial, residential and mixed-use developments. He is the 'go-to' legal adviser for a number of Australia’s largest property investment houses.

Paul is also a leading lawyer in the social and affordable housing sector and advises the many based community housing providers as well as government and developers in the space.

Key deals

Blackstone

Acted on the largest office acquisition of 2021 being Blackstone’s acquisition of a 75% leasehold interest in the Grosvenor Place office tower at 205-227 George Street, Sydney for $1.4 billion.

Blackstone

Acted on the largest office acquisition of 2019 being Blackstone highly structured $1.5B acquisition of 299 year leasehold interests on 100 Market Street, 77 Castlereagh Street and 85 Castlereagh Street from Scentre Group. Acted on the subsequent $683 M sale of 100 Market Street to Link REIT and the $250M sale of 77 Castlereagh Street to Abacus.

Blackrock

Acted for BlackRock on its 2020 joint venture with NashCap through which high-quality industrial and last mile logistics assets are acquired in strategic locations around Australian capital cities and the establishment of a development and management platform known as Urban Logistics Co.

Blackrock

Acted for BlackRock on its 2021 joint venture with Federation Asset Management through which childcare real estate assets are acquired and/or developed in strategic locations across metro and regional Australia. We have already acted on the acquisition and fund through development of over 20 properties (and continuing).

Blackstone

Acted for Blackstone on $10 billion of of Australia’s largest and most complex transactions in the past decade.

TIAA/Nuveen

Acting for TIAA/Nuveen on its purpose-built co-living/ student accommodation portfolio, including site acquisition, fund through arrangements, development oversight arrangements and property management arrangements.

Vicinity

Acts for Vicinity Centre in relation to its landmark deal with GIC for the swap of half interest in the QVB, Galleries and Strand Arcade for a half interest in Chatswood Chase which was the largest Australian direct real estate deal in 2017.

Mirvac Office, Residential Industrial

Acted for Mirvac for over 2 decades on dozens of acquisitions and disposals and 1000s of leases and providing strategic advise across Mirvac’s business in to Westpac’s Head Office lease at 275 Kent Street, Sydney and numerous residential developments.