Grace Quigley
Manager External Comms •
Sydney
Media Release: Clayton Utz congratulates Realterm on its joint venture with Partners Group leading to the acquisition of Sydney industrial outdoor storage facility
1 minute
Clayton Utz has advised global investment manager Realterm on the formation of its joint venture with Swiss-based global private equity firm Partners Group, leading to its acquisition of an industrial outdoor storage facility (IOS) in Sydney. The acquisition represents Realterm's entry into the Australian market.
The IOS facility provides around 40,000 square metres of hardstand in the southwestern Sydney suburb of Chipping Norton, located near Sydney's main arterial routes, including the M5 transport corridor.
Partner David Wilkie led our deal team alongside Senior Associate Francis Yuan.
David and Francis say it was a pleasure to assist Realterm on its entry into the Australian market.
With limited supply and high demand, competition among buyers for industrial assets in Sydney remains tight. It's great to have supported Realterm in forming its joint venture fast enough to acquire a tightly held asset in the area. We're excited to be a trusted advisor of Realterm as they continue growing their Australian presence.
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Disclaimer
Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.