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HWL Ebsworth acts for Centuria on the $381 million acquisition of two office properties and associated capital raisings

HWL Ebsworth has advised Centuria on the acquisition of two office properties in fringe CBD locations across Sydney and Perth for $381 million and on the associated capital raisings of $100 million by Centuria Capital Group (ASX: CNI) and $273 million by Centuria Metropolitan REIT (ASX: CMA). Partners James Lonie and Grant Hummel led the … Read more

HWL Ebsworth acts for AXA Investment Managers in acquisition of 44% interest in the Australian Diversified Healthcare Fund

HWL Ebsworth acted for AXA Investment Managers (AXA IM) in its acquisition of 44% interest in the Australian Diversified Healthcare Fund (ADHF). Following completion, AXA IM holds 44% of ADHF, the UK-based property business Grosvenor Group holds 50% of ADHF and Centuria’s newly acquired fund manager Centuria Heathley holds 6%. The parties are aiming to create … Read more

HWL Ebsworth acts for Property NSW on the lease of 231 Elizabeth Street with Charter Hall

HWL Ebsworth has acted for Property NSW in relation to the 12-year tender secured by Charter Hall’s Prime Office Fund, which will see a number of NSW government departments and 2,000 workers move office to the 231 Elizabeth Street address. The Government will lease 13-storeys from the 15-story office tower, commencing in May 2020. This … Read more

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Is the Wayback Machine a legitimate source of legal evidence in Australia?

The admissibility of archived webpage printouts from the “Wayback Machine” website was recently tested by the Federal Court of Australia, providing a useful reminder for businesses to be diligent in keeping internal records of their websites to support their intellectual property rights, rather than relying on external archives. In Dyno Nobel Inc v Orica Explosives … Read more

Super Alert – 11 October 2019

This week’s Super Alert notes the Royal Assent of a superannuation Bill, APRA’s announcement of new executive appointments, ASIC’s reminder to AFS licensees to meet financial reporting obligations on time and a Parliamentary Committee’s scrutiny of the superannuation sector. Superannuation SG Bill receives Royal Assent On 2 October 2019, the Treasury Laws Amendment (2018 Superannuation … Read more

From Nazi parody to dismissal: The importance of robust investigation processes and workplace policies

Unfortunately, inappropriate and offensive behaviour in the workplace is not uncommon. However, can an employer proceed straight to dismissing an employee after learning of such behaviour? The Fair Work Commission (FWC), in Tracey v BP Refinery (Kwinana) Pty Ltd [2019] FWC 4113, has recently upheld the dismissal of a worker who helped create a Hitler parody … Read more

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