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AND FINALLY

Baker McKenzie handles Perth hotel sales

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LAWYERS Baker McKenzie has acted for BGC Group, handling the sales of the Aloft Perth hotel and an adjoining office building, and The Westin Perth hotel and an adjoining retail food precinct for more than $300 million.

The Baker McKenzie team was led by commercial real estate partner Roy Melick supported by senior associate, Bethany Armstrong and associate, Rebecca Tan.

The sale of The Westin Perth Hotel was the largest single hotel asset transaction in Australia in 2018 and also the largest ever hotel transaction in Perth.

Melick commented that the logistics of running two significant deals at the same time involving two hotels together with an office building and a retail food precinct was challenging but very interesting.