Media Release | 26 June 2014

Hall & Wilcox advises on Generation Healthcare transactions

Leading independent business law firm Hall & Wilcox recently advised Generation Healthcare REIT,  the only ASX-listed pure healthcare  property fund (ASX: GHC), on a raft of corporate initiatives including capital raising and several property transactions.

APN Funds Management, the responsible entity for Generation Healthcare, announced a successful capital raising of $50.3 million via the combination of a fully underwritten Accelerated Entitlement Offer and Institutional Placement.

Hall & Wilcox has a long association with GHC’s management according to Hall & Wilcox Partner John Hutchinson, who worked on the capital raisings along with senior associate Jiayue Li and lawyer Zoe Solomon. “We are pleased to have helped finalise another successful capital raising for the fund.

“Generation Healthcare is a unique investment vehicle in an attractive sector and we look forward for assisting the fund in further adding value to for investors.”

Hall & Wilcox also advised on $83.5 million of property transactions, including:

  • Acquisition of a  Brisbane medical centre for $46 million
  • A $12.5 million expansion and refurbishment (including lease extension) of Epworth Freemasons Clarendon Street
  • Development of a new $25 million Integrated Cancer Centre for Epworth Foundation at Clarendon Street

Partners Natalie Bannister and John O’Kane acted on the property transactions. Ms Bannister said the developments would make a significant contribution to the Generation Healthcare portfolio.  “The transactions were completed with minimum fuss on a tight timeframe.  We are proud to have assisted Generation Healthcare with these important property transactions.”

Contact

Oliver Jankowsky

Partner & Head of International Practice

Ed Paton

Partner & Head of SE Asia Practice

Eugene Chen

Partner & Head of China Practice

Melanie Smith

Director - Business Development, Marketing and Communications

Natalie Bannister

Partner & Commercial National Practice Leader

Rhett Slocombe

Partner & Insurance National Practice Leader

Katie McKenzie

DIRECTOR - PEOPLE & CULTURE

James Bull

Special Counsel and Head of Frank

Melanie James

People & Culture Manager

Jacqui Barrett

Partner & Head of US Practice

Paul O’Donnell

Consultant & Head of Energy

Christopher Brown

Partner & Head of UK Practice

Lauren Parrant

Senior People & Culture Advisor, as at 1 July 2022

Melinda Woledge

Marketing & Communications Manager

Jasmine Koh

Senior Associate and Head of Frank

Alison Choy Flannigan

Partner & Leader, Health & Community

Billie Kerkez

Manager – Smarter Recovery Solutions

Peter Jones

Senior Commercial Counsel

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