Nick is the Practice Team Leader of the Development team and has extensive experience advising commercial investors and developers in transactions, particularly in relation to real estate.
Nick has advised on a wide range of complex acquisitions and associated due diligence, documenting agreements with land owners and/or joint ventures through to owners corporation structuring and delivery of subdivisions and the management of a high volume leasing and sales.
He is a member of the Urban Development Institute of Australia board and a board member of the Robin Boyd Foundation. His work has led him to be recognised as a recommended lawyer in Legal 500, Chambers & Partners, Best Lawyers and Doyle's Guide for property and real estate.
Providing ongoing commercial and retail leasing advice to Grocon Group in relation to a boutique retail shopping centre in Melbourne. We also advised Grocon Group (in a joint venture with GIC Singapore) in relation to a proposed Build to Rent development of more than 400 apartments for executive style tenants located in both Victoria and New South Wales. Advice included pre-acquisition advice and advice in relation to GST and treatment of duties of this new type of acquisition, contract negotiations and settlement.
Advising a Malaysian developer on the development of Melbourne Square in Southbank, a 5 acre multi-staged 5 tower mixed development project, including initial development structuring advice (including the establishment of a site management agreement across the precinct), negotiations of a detailed s173 agreement with Council to protect the developer rights in relation to open spaces and advice on staging of the development and associated sales documentation
Advising on various acquisition and realisations of development assets, including Woodlea, a master planned mixed-use community with a project life of more than 15 years, and the 3,000 plus lot development of Olivine from establishing joint venture documentation with the landowner through to ongoing development advice including cost sharing of infrastructure delivery, planning agreements, school sales and development and conveyancing. Nick has also advised on the operation of owners corporations within master planned communities as well as high rise developments in Victoria.
Providing on-going structuring, tax and commercial advice to one of Victoria’s most active developers in relation to the establishment and implementation of several medium-density strata plan residential projects in Melbourne’s inner suburbs and CBD including establishing development rights through property development agreements.
Aspial (Australia 108)
Advising the Singaporean publicly listed company and its subsidiary World Class Land, on Australia108, the Southern hemisphere’s tallest tower. Nick advised on all aspects of the negotiation of the terms of contract, due diligence, finance agreements and issues including foreign investment review board approval. Subsequent assistance has been provided in the appointment of key consultants and builders, owners corporation structuring, sales and marketing needs as the owner looks to deliver this iconic Melbourne project and managing more than $1billion of its residential sales.
Acting on landmark multi-use developments
Maddocks has advised OSK Property on its landmark multi-use development, Melbourne Square
Advising on major development projects
We advised a Mirvac and VIP joint venture on the development of the Woodlea project
Maddocks advises Tong Eng Group on major Melbourne building acquisition
We have advised Singapore-based investment company Tong Eng Group on a significant Victorian asset acquisition
First projects sign on with electronic contracts platform
Three major property developers will be among the first to use Maddocks electronic contract exchange platform
Developers and Homes for Homes (Victoria) – how you can be involved
Homes for Homes is an independent not-for-profit established to generate funding to build social & affordable housing
Discretionary trusts used to acquire Victorian residential property – risk of Additional 8% duty
The State Revenue Office has changed the way discretionary trusts are characterised for purposes of FPAD