HWL Ebsworth advises Centuria on their $417M Telstra Data Centre acquisition

07 August 2020

HWL Ebsworth has advised Centuria on the acquisition of the Telstra Data Centre in Clayton, Victoria – in the largest individual industrial asset deal to be completed in Australia. This deal is also the largest individual purchase for Centuria.  The deal involved both the acquisition of the Telstra Data Centre site and a lease back to Telstra for a minimum term of 30 years.

Centuria Capital Limited is an ASX-listed specialist investment manager with a 35 year track-record of delivering a range of products and services to investors, advisers and security holders, centered around property funds management and investment bonds.

The property legal team was led by Anthony Jreige, Partner, with support from David Marriott, Partner, Rupert Lugo, Senior Associate and Nathaniel Leong, Associate. The corporate legal team consisted of James Lonie, Partner, Hanna Posa, Senior Associate and Rita Mikhael, Solicitor.

Note to Editors:

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 1,381 staff including 269 Partners, 778 other legal staff and 334 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.

For further information, please contact:

Russell Mailler, National Marketing Manager (03) 8644 3569 or rmailler@hwle.com.au

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