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DLA Piper has advised Investa Commercial Property Fund on its acquisition of a Sydney office tower within the city's CBD.
Firm: DLA Piper (Investa Commercial Property Fund); Undisclosed (117 Clarence Street)
Value: $153 million
Area: M&A
Key players: The DLA Piper team was led by real estate partner Astrid Beemster, with assistance from lawyers Caroline Najjar, Lily Bleach, Jemma Cooper, James McDuie, Costa Valtas and Elvis Dangol.
Deal significance: The purchase of 117 Clarence Street brings Investa’s real estate portfolio to a total of 15 assets, with interests in some of Australia’s leading office buildings, including 420 George Street and Deutsche Bank Place in Sydney, and 120 Collins Street in Melbourne, according to a statement from DLA Piper.
“We are delighted to have advised our long-standing client Investa on this latest strategic acquisition,” said DLA Piper partner Astrid Beemster.
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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