Darren is a partner in our Property & Real Estate team and specialises in the following areas within the property industry:
large scale property and business transactions,
comprising due diligence, acquisitions, disposals and financing of those transactions in commercial property, tourism and health and aged care sectors
commercial and retail leasing
structured community title development including mixed use development
liquor licensing and gaming
rural acquisitions and disposals.
Darren has extensive experience in large scale property transactions, commercial and retail leasing, plain English drafting of property documentation, due diligence for acquisitions, disposals and finance transactions, structured community title developments, land valuation disputes and resumptions.
His recent major projects experience includes:
Major acquisitions and disposals
acted in the due diligence and subsequent acquisition of 400 George Street, Brisbane (value in excess of $520 million). This involved separate acquisition agreements with co- owners of the property including a unit acquisition in a unit trust together with a direct property acquisition
acted in the land and asset acquisition of a major retirement village, North Turramurra, New South Wales (value in excess of $50 million)
acted in the acquisition of 310 Ann Street, Brisbane including subsequent lease up (project value in excess of $200 million)
acted in the due diligence of a $1.5billion commercial property portfolio held in Brisbane, Sydney, Melbourne and Perth including:
reviewing leases in respect of major CBD properties in Brisbane, Sydney, Melbourne and Perth
undertaking and reporting on due diligence search enquiries in respect of those properties
reviewing and advising on co-ownership agreements
reviewing and advising on easements and statutory covenants
acted in the disposal of a 50% interest in the Northpoint Tower, 100 Miller Street, North Sydney (value in excess of $300 million)
acted on behalf of developer in the lease up and subsequent sale of Santos Place (32 Turbot Street, Brisbane) to Malaysia’s largest fund manager for more than $280 million
acted in the sale of 313 Adelaide Street, Brisbane (value in excess of $90 million)
acted in the sale of 286 Sussex Street, Sydney (value in excess of $50 million)
acted in the sale of 527 Gregory Terrace, Brisbane (value in excess of $30 million)
act in the sale of Bundall Corporate Centre on the Gold Coast (value in excess of $80 million)
acted in relation to the acquisition or disposal of a number of prominent retail and commercial investment properties in Queensland, including 300 Ann Street; 229 Elizabeth Street; 46 Charlotte Street; 10 Browning Street, South Brisbane; The Mathers Centre, Queen Street; 127 Creek Street; 355 Queen Street; Terrace Office Park, Fortitude Valley and Taringa Central in Brisbane; 1 Cavill Avenue, Surfers Paradise; and Mt Sheridan Plaza, Cairns.
Commercial and retail leasing
acted on behalf of the landlord in relation to the lease of 299 Adelaide Street, Brisbane to the Department of Immigration (Cth)
acted on behalf of the developer in the lease up of Santos place, 36 level commercial office tower in Brisbane CBD with a NLA of 34,000+M2, including the lease to the anchor tenant, Santos
acted on behalf of the landlord in relation to the lease up of 310 Ann Street, Brisbane including leases to the 2 major tenants - Allianz and the State of Queensland
acted on behalf of the landlord in relation to the lease to Woolworths, Spring Hill Marketplace.
acted for the seller in the disposal of one of the largest sheep stations in Australia, a 500,000 hectare plus holding in south west Queensland
acted on behalf of the proposed tenderer for the Kidman property portfolio. This included negotiating and finalising:
joint venture agreement with Chinese JV partner
bid documentation to acquire the Kidman shareholding.
providing structural advice and review of finance documentation for the funding of a property investment portfolio (excess $100million).
acted on behalf of the HCA Group in relation to the merger of that group with Nova Health Limited, as a listed health group. The work included:
project managing the legal aspects of the sale of the HCA Group to Nova
reviewing and advising in relation to finance documentation associated with the transaction
drafting contracts, leases and other associated documentation in respect of the transfer of property assets from HCA to a relevant property trust and the lease back of those properties to Nova.
Residential and mixed use developments
Acted in relation to the development and strata title of the following developments:
acted in the acquisition of the Cairns Court House Hotel and its subsequent resumption
acted in the acquisition of the Normanby Hotel, Brisbane.
reviewing and advising on existing solar and wind farm option, lease and easement documentation granted in relation to large pastoral holdings, on behalf of buyers of the holdings
acting for solar and wind farm tenants in renegotiating aspects of their long-term leases with the land owners
conducting extensive due diligence on behalf of an experienced solar and wind farm project operator, in relation to the acquisition of several projects. The projects included both existing operations, and those still under option with the landowners. The due diligence involved examination and critique of all existing lease, option and contract documentation and all usual aspects of property due diligence.