Melanie Hunter and Jim Hunwick, Sydney-based lawyers focusing on finance, assist
Pinsent Masons has confirmed that it assisted three Taiwanese banks – KGI Bank Co., Ltd, Taishin International Bank Co., Ltd, and O-Bank Limited – with the over $100m funding of the construction of a warehouse and distribution facility in Sydney’s western suburbs.
The syndicate of banks is financing the building of the approximately 37,000-square-metre facility at Punchbowl, New South Wales, for the Institutional Australian industrial fund manager, which invests in transforming underutilised industrial assets close to major urban centres across the Asia–Pacific.
Pinsent Masons shared in its media release that the deal continues its work with Taiwanese banks investing in Australia, as well as the relationship of the syndicate of banks with the Institutional Australian industrial fund manager.
Most of the parties to the present transaction were involved in a building project in connection with a warehouse and logistics facility in Milperra in Sydney’s western suburbs in 2023, according to the media release by the multinational law firm.
The Pinsent Masons deal team included Melanie Hunter, finance special counsel in Sydney; Jim Hunwick, a Sydney-based partner focusing on complex debt finance transactions; and Migo Sanchez and Richard Beauchamp, associates.
“We are very pleased to have once again advised KGI Bank Co., Ltd, Taishin International Bank Co., Ltd and O-Bank Limited on their latest major investment into the Australian logistics sector,” Hunter said in the firm’s media release.
“These are significant investments from Taiwan into the Australian market that are building vital infrastructure for Australian businesses,” Hunter added in the media release.
