법무법인(유한) 율촌 | Yulchon LLC

Yulchon’s Real Estate & Construction Group advised FG Asset Management in its acquisition of the Australian Taxation Office Building located in Albury, a major regional city in New South Wales, Australia. This purchase was financed by a local special purpose vehicle established and managed by FG Asset Management.

Yulchon’s advisory services throughout this transaction included assisting with the review and revisions of due diligence reports provided by local counsel, reviewing the transaction structure, formulating explanatory documents for investors as well as the review of the purchase and sale agreement, trust deed, and financing documents, as well as the preparation of foreign exchange filings and and providing ad hoc legal support for the client’s local special purpose vehicle.

In addition to this purchase, Yulchon has also advised FG Asset Management in its purchase of a property situated in Box Hill, a suburb in the state of Victoria, Australia. This has helped the firm establish stronger expertise in the Australian property market which Yulchon’s Real Estate & Construction Group will look to utilize when assisting other Korea-based investors identify potential investment opportunities.

Tae Jin Cha, Jin Seok Choi, Kyo Jun Shim and Young Joon Yoon of the Real Estate and Construction Group assisted the client on this transaction.