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Plenary advised on the $600m UNSW Health Translation Hub
Plenary Group has been advised on its successful bid for the UNSW Health Translation Hub, a marquee commercial and medical research building within the Randwick Health & Innovation Precinct.
Jerome Doraisamy
Firm: Gilbert + Tobin (Plenary)
Construction is set to begin in 2023, and it is expected to be completed two years later.
Area: Banking, projects
Value: $600 million
Key players: The G+T team was led by partners Nicholas Lazarou, Peter Doyle, Kon Nakousis and Spiro Papadolias, with support from lawyers Amy Huang, Michal Magat, Sara Mohabbati, Karla Lauder, Kane Wang and Yuka Nagata.
The firm noted: “G+T advised Plenary on all aspects of the transaction, including the project and development arrangements with and long-term lease and occupancy arrangements, as well as the joint venture, capital partnership and fund through and delivery aspects associated with ISPT, HESTA and UniSuper. G+T’s role also involved advising Plenary on the competitive bid process run by UNSW and construction arrangements with the proposed construction contractor, Hansen Yuncken.”
Deal significance: Mr Lazarou said: “We congratulate the Plenary Group-led consortium and UNSW on their commitment to deliver this vital, flagship facility, within what will be the largest co-located health and innovation precinct in New South Wales.
“Our cross-disciplined team was delighted to come together to advise Plenary on this transformational partnership and asset that will enhance health and education outcomes and deliver real community benefits for years to come, in the critical life sciences sector.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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