This article is from the Australian Property Journal archive
DLA Piper has appointed two real estate lawyers to its partnership, to support its growth in the corporate and transactional areas.
Eagul Faigen and Tim Mathers will join the firm from Norton Rose Fulbright and Herbert Smith Freehills, respectively, and will commence in the firm’s Perth and Brisbane offices in February next year.
DLA Piper Australia managing partner John Weber said the appointments represents a significant development for the growing real estate practice in the Asia Pacific region and supports the firm’s ambitions for further growth in the corporate and transactional areas of the business.
Faigen advises on large-scale capital transactions, real estate developments and complex high end leasing for public and private sector clients as well as inbound capital transactions for foreign investors.
Mathers advises on all aspects of commercial property transactions in addition to the real estate aspects of major infrastructure projects and commercial M&A transactions.
“We’ve had a very busy 2014, with sustained levels of economic growth and improving global conditions contributing to high levels of investor confidence in the Australian and overseas real estate markets,” DLA Piper’s Australian head of real estate Les Koltai said.
“Eagul and Tim’s experience adds considerable depth to our growing practice and their connections in Perth and Brisbane complement our existing platform, enhancing our ability to take on large mandates from our domestic and international clients,” he added.
Koltai himself joined DLA Piper in 2012 from Blake Dawson (now Ashurst). He said the practice has undergone significant transformation since then and DLA Piper recently advised Investa Property Group, Mirvac, Charter Hall, Challenger, Fortius Funds Management, Blackstone, Abacus Property Group, KWAP, National Pension Scheme of Korea, Heitman International, Fosun Property, CDH Investments, Carlyle and KKR.
Recently the firm advised Mirvac on the purchase of the Birkenhead Point shopping centre and the adjoining car parking facility in Sydney. The team was led by Koltai, who was supported by a team including senior associates Astrid Beemster, Fabrice Lincoln, Bhavini Sundarjee and lawyer Eva Chapple.
The firm also advised Germany’s Union Investment, on the development and acquisition of the Flight Centre HQ in Brisbane, and Investa on its acquisitions of Sydney’s Maritime Trade Tower and its 50% stakes in the iconic Piccadilly Centre, 135 King St and The Glasshouse in Sydney’s CBD.
Australian Property Journal
