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$142m sale of Vic property portfolio complete
Two firms have advised on the $142 million sale of a Victorian industrial property portfolio to a Singapore-listed company.
Emma Musgrave
Firms: Herbert Smith Freehills (Growthpoint Property Australia); Squire Patton Boggs (Mapletree Logistics Trust)
Value: $142 million
Area: M&A
Key players: The legal team advising Growthpoint Property Australia was led by Herbert Smith Freehills senior associate Carla Deluca and solicitor Jean Liu, and supervised by partner David Sinn.
Deal significance: Growthpoint Property Australia’s Victorian industrial property portfolio consisted of: 28 Bilston Drive, Barnawartha; 99-103 William Angliss Drive, Laverton North; 213-215 Robinsons Road, Ravenhall; and 365 Fitzgerald Road, Derrimut.
“We were delighted to help Growthpoint achieve the sale of these four premium industrial assets,” Herbert Smith Freehills partner David Sinn said.
“The sale of this portfolio has been a very successful outcome consistent with Growthpoint’s business strategy following its successful takeover of the GPT Metro Office Fund earlier this year, which we were fortunate enough to also assist on.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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