Peakstone’s AUD$530 Million Acquisition of Sydney Tower


Clayton Utz advised the lenders.

Commonwealth Bank of Australia acted as agent and arranger on an AUD$300 million syndicated funding package provided to Peakstone, a Singapore Headquartered investor and manager of Asian capital, to facilitate its acquisition of 45 Clarence Street, Sydney for AUD$530 million from Dexus.

Peakstone is a privately owned, Singapore-headquartered company representing Asian capital, that is transforming the Australian commercial property landscape through the investment and management of quality commercial assets.

Perth Finance partner Rohan Mishra (Picture) led the firm’s deal team, with key support from special counsel, Kate Casellas, and lawyers, Isabella Bogunovich and Nicole Courtney.

Involved fees earner: Isabella Bogunovich – Clayton Utz; Kate Casellas – Clayton Utz; Nicole Courtney – Clayton Utz; Rohan Mishra – Clayton Utz;

Law Firms: Clayton Utz;

Clients: Commonwealth Bank of Australia;

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Author: Michael Patrini