Processing timeline
27
days
Acquirer(s)
The Trustee for ALTIS ARET SUB TRUST 34 ABN - 18 992 400 810
Target(s) or Vendor(s)
The Trustee for Market Mid Trust ABN - 84 274 975 190, The Trustee for Market Sub Trust ABN - 55 277 202 916, MARKET SUB TC PTY LTD ABN - 45 633 931 094, The Trustee for Link Australia Holdings Trust ABN - 63 692 877 807, MARKET MID PTY LTD ABN - 11 638 066 887, Joy Success Developments Limited British Virgin Islands Entity Number - 2018891
Other parties
AWARE SUPER PTY LTD ABN - 11 118 202 672, AWARE REAL ESTATE MANAGEMENT PTY LTD ABN - 77 653 940 295, Link Real Estate Investment Trust Business Registration Number (Hong Kong) - 56061458
Aware Real Estate, Aware Super's property investment platform, acquired a 50% indirect interest in the leasehold of 100 Market Street, a Sydney CBD office tower. This share and unit acquisition from entities affiliated with Link Real Estate Investment Trust results in both parties holding a 50% indirect interest.
Aware Real Estate proposes to acquire from entities affiliated with Link Real Estate Investment Trust ( Link REIT ) a 50% indirect interest in the leasehold of 100 Market Street, which is a 10-storey office tower in the Sydney CBD (the Property ), through the acquisition of units in a trust and shares in other related entities (the Acquisition ). Following the Acquisition, Aware Real Estate and Link REIT will each own a 50% indirect interest in the Property. Aware Real Estate is the property investment platform responsible for the strategic performance and management of Aware Super’s directly owned Australian property portfolio. The platform manages a diversified property portfolio across industrial, office, retail and mixed-use sectors. Link REIT is a collective investment scheme headquartered in Hong Kong, where its units are listed on the Hong Kong Stock Exchange. Link REIT has a property portfolio primarily focused on retail, office and logistics properties and car park spaces in Chinese Mainland, Hong Kong, Australia, Singapore and the United Kingdom.