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Real estate M&A and industry review
Insight 28 Jan 2020

The real estate industry continues to evolve in a technology focused world, unlocking new REITs (real estate investment trusts) and investment opportunities. Against a backdrop of low bond yields, easing monetary policy and global volatility, our real estate sector M&A experts share insights and consider what opportunities lay ahead for the real estate Mergers and Acquisitions sector. ...

Allens advises ISPT on redevelopment of Karingal Hub Shopping Centre
News 19 Dec 2019

The Allens team, led by Partners David McLeish and David Donnelly and Senior Associate Ben van Weel, advised on all aspects of the project, such as commercial, legal and procurement matters. The ...

When performance is personal – the hazards of subcontracting without consent
Insight 17 Dec 2019

A recent NSW Court of Appeal decision emphasises the importance of contractors complying with contractual requirements to obtain the principal's approval before subcontracting services or works. Failure to do so may disentitle the contractor from claiming payment for services that the unauthorised subcontractors have provided. However, the case leaves open whether it may be possible for a contractor to recover the cost of unauthorised subcontracted services in restitution based on a quantum meruit claim, or on the basis of an unenforceable penalty. ...

Draft South East Queensland Koala Conservation Strategy 2019-2024
Insight 11 Dec 2019

The Draft South East Queensland Koala Conservation Strategy 2019-2024 has been released for public consultation. The Strategy is supported by new koala habitat mapping. The Strategy and mapping have serious implications for landowners in koala habitat areas within a Koala Priority Area, who will be prevented from clearing their land except in very limited circumstances. We discuss these implications below and suggest that, at a minimum, landowners should review the mapping to ascertain whether their land is within a Koala Priority Area. ...

NSW looks to hold builders and designers liable to current – and future – property owners for defective works
Insight 13 Dec 2019

Legislation focusing on imposing new obligations on design consultants and builders was recently introduced to the NSW Parliament. Importantly, the Design and Building Practitioners Bill creates a statutory duty of care owed by builders, and others, for economic loss for defects in construction serv ...

Allens advises on purchase of prime North Sydney office development
News 13 Dec 2019

The office tower, which is due to be completed in 2020, will include first-class amenities, a rooftop terrace and lobby café. 'We were pleased to advise leading global asset manager, CBRE Global ...

Healthcare trend watch 2019
Insight 09 Dec 2019

The healthcare team at Allens reports on some key trends and sectors to look out for in 2020. ...

Build-to-Rent holds the key to Australia's future liveability
News 25 Nov 2019

New research from Allens and Urbis, the Build-to-Rent: Key to unlocking the future liveability of Australia's cities report, has found that Build-to-Rent ( BTR ) may be the quickest solution to ...

Report: Australian Infrastructure Investment Report 2019
Insight 15 Nov 2019

Investor appetite for Australian infrastructure remains strong. However, to maintain our status as a leading infrastructure investment destination, we must address systemic issues that are adversely impacting the market, including cost overruns on major projects.  ...

Landlord and tenant rights and obligations to change under Retail Leases Amendment Bill 2019 (Vic)
Insight 05 Nov 2019

Landlords and tenants will see changes to their rights and compliance obligations under retail shop leases as a result of proposed amendments to the Building Act 1993 (Vic) (and regulations) ( ...

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