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Chief executive Adam Powick has told employees, partners and contractors they will need to be fully COVID-19 vaccinated to attend the firm’s office and events.
Some offices in Sydney will reopen before the end of October, but most workers are unlikely to return until next year.
Fuelled by the pandemic and Black Summer bushfires, more Australians are demanding that our clothes be made here. A shift back to local manufacturing, or just another fad?
ADVERTISEMENT ADVERTISEMENT Gilbert, Norton Rose Steer ESR's $2.9B AU Logistics Buy Law360 (April 19, 2021, 1:54 PM EDT) -- Asia real estate investor ESR Cayman Ltd. announced Monday that it is partnering with Singapore's sovereign wealth fund to purchase a major Australian logistics portfolio from Blackstone, in an A$3.8 billion ($2.9 billion) deal steered by Norton Rose Fulbright and Gilbert & Tobin. ESR plans to enter an investment partnership with GIC, the Singaporean fund, to buy the so-called Milestone portfolio, which includes 45 properties around cities in Australia, according to Mon...
Singapore sovereign wealth fund GIC Pte Ltd and Hong Kong-based ESR Cayman have teamed up to acquire a portfolio of logistics properties from US private equity manager Blackstone Group for A$3.8 billion (US$2.93 billion). The acquisition is being made via an investment vehicle, EMP, that is 80% owned by GIC and 20% by ESR, the logistics investment firm says in a statement on April 18. According to ESR, this is “the most significant logistics portfolio transaction in Australia” encompassing 45 “high-quality, income-producing assets” across major state capitals. ESR says it will become ...