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Adelaide Oval opens hotel with ‘fully integrated stadium experience’
Global law firm MinterEllison has advised Adelaide Oval Stadium Management Authority on its $42 million boutique hotel.
Jerome Doraisamy
Firm: MinterEllison (Adelaide Oval Stadium Management Authority [SMA]).
Value: $42 million.
Area: Corporate.
Key players: The Minters team was led by corporate partner Jeremy Rees.
Deal significance: The project involved complex arrangements including the overarching structuring, leasing agreements for the ongoing operation and tenure of the hotel, the construction contract with the builder, financing arrangements, the operations service services agreement covering shared services with the Oval (such as food & beverage and linen) and liquor licensing, Minters said.
Speaking about the deal, Minters partner Stephen Hill said that South Australians have a “special affinity” with the Adelaide Oval.
“It was therefore critical in the development of the Oval Hotel that a number of important considerations were addressed, including historical, environmental, economic and social,” he said.
“We are immensely proud to have been involved in such an innovative project from its inception over two years ago. In the current environment, the Oval Hotel stands as a beacon of enterprise in South Australia”.
Mr Rees added: “We are delighted to have supported the SMA in this iconic development for South Australia. This project looks towards a post-COVID future where sport, travel and tourism will return.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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