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Nikhi Wagstaff

Senior Associate - Melbourne

Areas of Expertise

Property & Real Estate

Expertise

Nikhi is a real estate lawyer working closely with investors, corporate landlords, tenants and commercial property managers. She has particular expertise in negotiating complex leasing transactions and large-scale acquisitions and disposals.

Experience

Nikhi is experienced in drafting, negotiating and finalising key transaction documents, including terms sheets, contracts, leases, development documents and other commercial agreements.

Her experience includes:

  • acting as the primary lawyer for the acquisition of a large regional shopping centre
  •  drafting and finalising legal due diligence reports, letters and advice documents
  • acting as the primary lawyer for various disposals of commercial office buildings and shopping centres across Australia
  • preparing and finalising contracts and other sale documentation and assisting with property management matters 
  • acting as the primary leasing lawyer for retail centres and commercial office buildings
  • preparing ancillary lease documents, including variations, licences, assignments and deeds (including under SPAs)
  • advising on the development of vacant land sites, including advising on structuring arrangements and reviewing, negotiating and preparing transaction documents
  • advising on the development of a regional shopping centre, including preparing, negotiating and finalising agreements for lease.

Publications

20 August 2019 - Knowledge

A setting sun – The use of sunset clauses in Victoria

#Property & Real Estate

The sun is setting on vendors terminating contracts under the guise of sunset clauses for non bona fide reasons. The Sale of Land Amendment Act 2019 (Vic) will bring about some key changes regarding sunset clauses in residential off-the-plan contracts. Vendors and developers should be aware of how these changes are likely to impact their activities.

11 July 2019 - Knowledge

Amendments to the Duties Act – what are the key changes

#Property & Real Estate

Two key changes to the Duties Act 2000 (Vic) have recently come into effect.

11 September 2019 - Knowledge

Residential Focus

#Property & Real Estate

According to a media release published by NSW Department of Finance, Services & Innovation, an unlicensed and uninsured landscaper who received more than $140,000 for unfinished work has been sentenced to a maximum of 18 months prison, with a non-parole period of six months.