KWM has continued its run of IPOs, acting for GARDA Capital Limited, the responsible entity for the GARDA Diversified Property Fund in connection with its initial public offering and ASX listing.

The Fund is expected to commence trading on ASX today and will have an initial market capitalisation of approximately $97.2 million. With six commercial properties and one industrial property, the Fund offers investors a diversified portfolio through tenant profile, geographic location and building type.

The Brisbane-based KWM team was led by Brisbane Corporate M&A partners Stefan Luke and Rhys Casey, who were supported by senior associate Prue Macleod and solicitors Mitch Fairbairn, Alexander Tod and Liz Ng.

Stefan Luke said, “We are very pleased to have been able to support GARDA Capital Limited in achieving this significant milestone for the Fund.”

KWM has also recently advised on the listings of Estia Health, Medibank Private and Alibaba (on the NYSE).