Equinix’s $575 Million Joint Venture with PGIM Real Estate

In UK Baker McKenzie, advised on the matter.

Baker McKenzie advised Equinix with a team including David Hart (Real Estate), Kirsty Wilson (Picture – Real Estate).

Equinix Inc. created a US$575 million joint venture with PGIM Real Estate, the real estate investment and financing arm of Prudential Financial’s global asset management business, to develop and operate two xScale data centers in Sydney, Australia.

Equinix Inc. is a digital infrastructure company.

The Baker McKenzie international team was led by London corporate partners Kirsty Wilson (Picture) and David Hart, while Sydney-based partners Anne Petterd, Sebastian Busa, Aylin Cunsolo, John Walker and Amrit MacIntyre led on the commercial, property and tax aspects of the transaction respectively. Regulatory advice was provided by Eunice Tan and Darren Yang in Singapore. Senior associate support was provided by a multi-jurisdictional, multi-disciplinary team, including Oliver Feslier Holmes, Matt Gamble and Tom Bernhardt (corporate) and Simone Blackadder and Saskia Volhard (commercial). 

Involved fees earner: Tom Bernhardt – Baker McKenzie; Simone Blackadder – Baker McKenzie; Sebastian Busa – Baker McKenzie; Aylin Cunsolo – Baker McKenzie; Matt Gamble – Baker McKenzie; David Hart – Baker McKenzie; Oliver Feslier Holmes – Baker McKenzie; Amrit MacIntyre – Baker McKenzie; Anne Petterd – Baker McKenzie; Eunice Tan – Baker McKenzie; John Walker – Baker McKenzie; Kirsty Wilson – Baker McKenzie; Darren Yang – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: Equinix;

Author: Giulia Di Palma