Herbert Smith Freehills has advised Macquarie Capital (Australia) Limited (Macquarie) in relation to its role as sole bookrunner, lead manager and underwriter for Mirvac Group’s (Mirvac) A$400 million fully underwritten institutional placement, announced on Friday, 10 May 2013. Mirvac has also announced an intention to launch a non-underwritten security purchase plan for up to $15,000 per eligible securityholder. The proceeds from the issue will be used to fund Mirvac’s acquisition of a select portfolio of office assets from GE Real Estate Investments Australia.

The Herbert Smith Freehills team was led by partner Philippa Stone, assisted by executive counsel Lauren Magraith.

Mirvac was advised by Minter Ellison.

Ms Stone said: “Herbert Smith Freehills is proud to have acted for Macquarie on one of the largest primary placements conducted in the market year to date.”

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