Global law firm Norton Rose Fulbright has advised leading real estate portfolio company 151 Property on the sale of Brimbank Shopping Centre in Melbourne's north-west.
The 37,576sqm Brimbank Shopping Centre is a significant sub-regional shopping centre, anchored by Coles, Woolworths, Target and Aldi, and approximately 100 specialty retailers.
Led by partners Adrian Jones and Will Webster, the Melbourne and Brisbane-based real estate team advised on all aspects of the transaction, including negotiation, structuring advice, vendor due diligence, and the completion of the sale on 23 December 2019.
Norton Rose Fulbright partner Will Webster commented:
"We are delighted to have assisted 151 Property on the successful conclusion of their investment in Brimbank Shopping Centre. This transaction caps off a highly successful year for our national real estate team, and shows the continued strength and investor confidence in prime retail real estate."