Kendra McKay
Kendra McKay is a Partner and commercial property law expert in our National Real Estate and Projects Group.
Kendra specialises in major capital transactions and complex commercial property development and investment in Australia’s real estate sector. Kendra acts for listed property trusts, institutional developers, major corporates and multinationals (inbound investors) and private investment funds; as well as land lease living / MHE developers, owners and operators.
Kendra is known for providing highly responsive and commercial advice to her clients, she leverages off her industry connectedness to find deal opportunities and negotiate cost effective solutions for her clients.
Kendra is also known for her ground-breaking work within the manufactured housing estate and land lease living communities industry – Kendra is one of only a few with this expertise amongst Australian law firms, and regularly consults with the industry association.
Experience
Some of Kendra’s recent experience includes:
- Ingenia Communities Group: (ASX:INA) (S&P/ASX 300 entity) Acting for INA since 2013 in over 25+ acquisitions of Ingenia’s residential community assets (lifestyle and holiday) as well as greenfield development, construction and operational advisory work and complex planning and regulatory advice;
- Meriton: Australia’s largest apartment developer, supporting Meriton’s in-house team in relation to sophisticated titling structures and debt and securitisation structures for major mixed use developments, strata consolidation, as well as the interface with various statutory, and local authorities;
- NSW / VIC Developers and Foreign Investors: Acting for multiple parties in relation to the corporate structuring of their real estate investment vehicles, including equity and debt conversions (via % unit holdings, securities, joint ventures, and loans) and having regard to FIRB considerations. Drafting and negotiating investor agreements, unit trust deeds and development management agreements, debt and security arrangements, conditional unitholders / shareholders agreements, project delivery agreements and development management agreement suites for freehold, strata, leasehold shopping centres, commercial office, industrial and mixed use residential developments;
- PAYCE Consolidated Limited: Acting for PAYCE (post privatisation) for several of its complex master planned communities / large residential, commercial and retail precincts in Sydney: ‘Pierside’, Wentworth Point, ‘The Albany’ Crows Nest, ‘South Village’ Kirrawee;
- Private Off-Shore Investor: Acting in connection with complex syndicated acquisitions by off-shore investors providing capital and other finance arrangements to the SGX parent company for a number of mixed use property developments involving numerous security documents and detailed conditions precedent requiring off-shore parent company involvements;
- CWG Group: CWG’s parent is a top 100 real estate development enterprises in China (SGX: ACW). Acting for CWG since their initial introduction and investment into Australia in 2014 in relation to their mixed use and residential projects and joint ventures in Sydney and Brisbane: ‘Uptown’, Roseville’, Victoria Road, Ryde, ‘Marine’s Hill’, Epping, ‘The Peak’, Parramatta; and ‘Illumina’, Toowong and ‘Vivir’, Nundah (QLD); and
- Folkestone: (ASX: FLK) FLK has $1.6b in FUM and $207m in Total Assets current to 2018). Acting for FLK since 2011 in relation to the following blue-chip development funds / joint ventures in Sydney and Melbourne: Hornsby, Millers Junction, South Dural, Green Square, Wollert, Wollongong (NSW); and Hadfield Nunawading and Truganina (VIC).