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St Kilda Road establishment sold for $163m
KHQ Lawyers has advised the Beville Group on the $163 million sale of a landmark office building located on Melbourne’s St Kilda Road.
Emma Musgrave
Firm: KHQ lawyers (Beville Group); Thomson Geer (Mr Da Xie)
Value: $163 million
Area: M&A
Key players: The KHQ team was led by director David Krolikowski, who was assisted by special counsel Jennifer Huppert.
Thomson Geer partner Eu Ming Lim advised the purchaser, Mr Da Xie.
Deal significance: Beville Group is a Sydney based property developer. The sale of its office building on St Kilda Road represents one of the largest office sales to occur outside Melbourne’s CBD, according to a statement from KHQ Lawyers.
The building is located on a large footprint of St Kilda Road, backing onto Fawkner Park. The office has 360 degree views, including over nearby Albert Park Lake, and comprises over 19,500 square metres of net lettable area and 325 car bays, the firm added.
“Use of a sophisticated online data room streamlined the due diligence process for all parties, as did Beville Group’s Rael Hurwitz’s organisation and clarity of instructions," said KHQ special counsel Jennifer Huppert.
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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