HWL Ebsworth has advised Abacus Property Group on the acquisition of 99 Walker Street, North Sydney NSW for $311.3 million. Abacus recently announced the exchange of contracts with settlement anticipated by year end.
The HWL Ebsworth property team was led by Dennis Bluth, Partner, Jennifer Graves, Special Counsel, Sam Troutman, Associate, and Georgia Antonenas, Solicitor.
Dennis Bluth commented:
“This was a significant acquisition for the Abacus Property Group as it aligns with the client’s strategic priority of investing in high quality income producing commercial office and self storage properties. The due diligence and negotiations were done in 16 days from receipt of instructions. A great job by the team“
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HWL Ebsworth is the largest legal partnership in Australia according to the most recent partnership surveys published by The Australian and the Australian Financial Review and is the only commercial law firm with an office in every Australian State and Territory.
The firm comprises 1,353 staff including 259 Partners, 728 other legal staff and 366 support staff across offices in nine locations – Adelaide, Brisbane, Canberra, Darwin, Melbourne, Hobart, Norwest (North West Sydney), Perth and Sydney.
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HWL Ebsworth operates a different business model to the other leading national law practices, and this allows us to offer unrivalled value for money without compromising quality and service. Our low ratio of solicitors to partners ensures that our clients receive optimal access to partner resources for all matters.
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