HWL Ebsworth has advised Berrimah Holdings Pty Ltd on the sale of Darwin Corporate Park for $78.5 million to a private equity group in South Australia.
Darwin Corporate Park is a premier business park for mixed use commercial office space located in Greater Darwin.
The deal was contingent on the construction of bet365’s approximately 3,500 m2 Australian headquarters within the business park, nearly tripling its current tenancy area.
The sale is one of the largest commercial real estate sales in Darwin’s history.
HWL Ebsworth deal team was led by Richard Giles, Partner and Andrew Giles, Special Counsel.
Note to Editors:
HWL Ebsworth is the largest legal partnership in Australia according to the most recent partnership surveys published by the Australian Financial Review.
The firm comprises 1,641 staff including 274 Partners, 994 other legal staff and 373 support staff across offices in nine locations – Adelaide, Brisbane, Canberra, Darwin, Melbourne, Hobart, Norwest (North West Sydney), Perth and Sydney.
HWL Ebsworth is an independent, nationally integrated, full service commercial law firm, providing tailored and commercially oriented legal services.
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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