Scentre Group: disposal of Sydney CBD office towers for $1.52 billion

27 June 2019

Greenwoods has advised Scentre Group on its disposal of Sydney CBD office towers, to funds managed by Blackstone for $1.52 billion. Greenwoods provided income tax and GST advice on the transaction. Cameron Blackwood, Andrew Howe and Alice Deng acted for Scentre Group.

Scentre Group will now commence an $800 million buy-back of SCG securities, allowing it to strengthen its balance sheet and create significant value for securityholders.

Share

Team

Cameron Blackwood

Director

View

Andrew Howe

Director

View

Alice Deng

Senior Associate

View