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Paul Carrick

Partner

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From capital transactions, property developments and joint ventures to title structuring, Paul acts for leading investors, developers and tenants in all aspects of commercial, industrial, residential and mixed-use developments. He is the 'go-to' legal adviser for a number of Australia’s largest property investment houses.

Paul is also a leading lawyer in the social and affordable housing sector and advises the many based community housing providers as well as government and developers in the space.

Paul is a member of the Property Council of Australia.

Key deals

Blackstone

Acted for Blackstone on a number of Australia’s largest and most complex transactions in the past 5 years. Some of these matters include:

  • acquisition of a portfolio of office buildings from GE Capital;
  • acquisition of a portfolio of ten industrial assets from an Australian investor/manager and establishment of an industrial fund;
  • sale and leaseback acquisition of a portfolio of ten logistics assets;
  • acquisition of a 50% interest in South Cross Towers from Brookfield;
  • acquisition of a 25% interest in the ANZ/HSF head office; and
  • acquisition and disposal of dozens of other office, retail and industrial assets.

Affordable Housing

Advised Housing First (formerly Port Phillip Housing Association) on its Ashwood Chadstone Gateway Project, the largest ever development by the not-for-profit sector in Victoria. Negotiated funding and development agreement, finance documents and contracts of sale for the private dwellings (off-the-plan sales) and advised on subdivisions and conveyances.

Also advises many of NSW’s leading community housing providers including Bridge Housing, St George Community Housing Services, Compass and BlueCHP on a range of projects ranging from SAHF2, acquisitions, developments, leasing and compliance matters.

Vicinity Centres

Acts for Vicinity Centre in relation to its landmark deal with GIC for the swap of half interest in the QVB, Galleries and Strand Arcade for a half interest in Chatswood Chase which was the largest Australian direct real estate deal in 2017.

Mirvac/Blackstone lease for Westpac

Acted for Mirvac and Blackstone in relation to Westpac’s Head Office lease at 275 Kent Street, Sydney which is one of the largest lease deals in Australia.

Mirvac residential

Acts for Mirvac on numerous developments including Waterloo and St Leonards and proposed developments at Menangle, Mulgoa and Lane Cove. Paul’s work including aspects of the developments including the acquisition of sites, the structure titled development and sale to purchasers. Paul also acts on complex Project Delivery Arrangements for Mirvac including their award winning Walsh Bay Development and proposed development at Moorebank.

Deutsche Bank

Acted for Deutsche Bank on its acquisition from QIC of 555 Lonsdale Street Melbourne and disposal to QIC of Pittwater Place Shopping Centre.