Elanor Investors Group’s $123 Million Acquisition of Two Health and Medical Sector Assets in Queensland

Johnson Winter & Slattery (JWS) has advised Elanor Investors Group on its $123 million acquisition of two health and medical sector assets in Queensland from healthcare real estate investment trust NorthWest.

Elanor Investors Group is an ASX listed Australian real estate investment and funds management business with over $1.7 billion of assets across Australia and New Zealand.

The acquisitions seed Elanor Investors Group’s unlisted healthcare fund, which now comprises two multi-tenanted medical office and day surgeries at 55 Little Edward Street, Spring Hill, Brisbane and Pacific Private, 123 Nerang Street, Southport, Gold Coast.

The JWS team advising on the transaction was led by Real Estate Partner Peter Trevaskis (Picture), who worked alongside Senior Associate Stephanie Chun, and Associates Lucy Wang and Anna Shilova. Partner Andi Milidoni advised on the tax aspects of this transaction.

Involved fees earner: Andi Milidoni – Johnson Winter & Slattery; Stephanie Chun – Johnson Winter & Slattery; Peter Trevaskis – Johnson Winter & Slattery;

Law Firms: Johnson Winter & Slattery;

Clients: Elanor Investors Group;

Author: Michael Patrini