31-40 of 262 results
Beware the stamp duty pitfalls of nominee clauses and resulting trust exemptions – discussion of the Victorian case of Hartman
The recent Victorian case of Hartman1 demonstrates the potential stamp duty dangers of relying on nominee clauses in transactions involving land (or other dutiable property). The VCAT decision highlights the importance of settling, if possible, on the identity of the ultimate transferee prior to execution of a contract and, above all, the need for developers and other purchasers of land to seek advice before relying on a nominee clause or otherwise seeking to transfer title to a third party. ...
LOGOS consortium completes landmark $1.67 billion acquisition of the warehousing and property components of Qube's Moorebank Logistics Park
Moorebank Logistics Park is Australia’s largest intermodal freight facility, offering unparalleled industrial warehousing opportunities and rail-to-port connectivity. The site includes approximatel ...
Are diversification leases the answer?
The WA Government has proposed to introduce a new form of non-exclusive land tenure. These proposed diversification leases would be suitable for hydrogen and other renewable energy projects. ...
Protection of cultural heritage and FPIC
As part of the increasing focus on Environmental, Social and Governance (ESG) in Australia and overseas, there is a spotlight on the principle of 'free, prior and informed consent' (FPIC) in the context of Indigenous engagement and protection of cultural heritage. ...
Allens advises on Centres for National Resilience in Queensland and Western Australia
As head contractor, Multiplex is responsible for delivering a new purpose-built centre to support Australia's response to the current pandemic and any future pandemics, natural disasters or similar ...
New changes aim to improve cash flow for suppliers to government post COVID-19
Businesses supplying goods or services to the Federal Government need to be aware that they may need to modify their procurement processes to support shorter subcontractor payment time periods, under recent changes to federal procurement policies. ...
Allens expands infrastructure expertise with appointment of new partner
Kip specialises in construction and major projects across the infrastructure, property and energy and resources sectors. She has advised a broad range of clients on various aspects of project ...
Key changes to COVID-19 commercial tenancy protections: what do landlords need to know?
NSW's retail and commercial leasing regulations have been amended, now requiring (in addition to the protections under the original regulations) landlords not to increase rent, and to renegotiate rent and other lease terms, before taking enforcement action against eligible impacted tenants ...
Commissioner victorious in taxing cross-border trust distributions of capital gains
The Full Federal Court has confirmed a controversial view held by the Commissioner of Taxation (the Commissioner) on the taxation of capital gains from non-taxable Australian property made by Australian resident discretionary trusts that are distributed to foreign resident beneficiaries. ...
Allens advises on largest Australian hotel real estate sale
Allens has advised a fund managed by the Mirvac Group and the NRMA on the record $620 million sale of the Travelodge hotel portfolio to fund manager Salter Brothers. ...