Deal profile | Portside Wharf refinanced to support Brookfield’s investment strategy
8 August 2019
Gadens has advised Brookfield on the refinancing of its mixed-use investment Portside Wharf, in Hamilton, Queensland. Home to the Brisbane Cruise Terminal, Portside Wharf comprises retail, restaurants, a cinema and function centre.
Briefed in early June, the deal was completed in a short time frame
through collaboration across Gadens offices and practice groups, with members
of the Brisbane Property Team completing the due diligence and the Banking and
Finance Teams in Sydney and Melbourne negotiating the Facility Agreement and
suite of Security Documents on behalf of Brookfield.
Firms involved: Gadens (acted for
Brookfield) and Dentons (acted for the incoming lender, Bank of Queensland).
Deal area: Banking & Finance and Property, Construction & Planning.
Key team members: Gadens partner Renae Suttor led the Banking & Finance team and Matthew Raven led the Property team. Renae joined Gadens in February 2019 and this deal highlights how she has both strengthened and broadened the national Banking & Finance offering to Gadens’ clients.