Lander & Rogers has advised JY Group, a leading commercial real estate investment firm, on the financing for its successful acquisition of a 50% interest in Sydney Warriewood Square for A$135.5 million. This transaction is JY Group’s third and final major acquisition of the year, following its purchases of Roxburgh Village and Westfield Whitford City, and brings the Group’s total assets under management (AUM) to a record A$2.8 billion.
Located in Sydney’s Northern Beaches, Warriewood Square is a dominant retail centre featuring a strong tenant mix anchored by Coles, Woolworths, ALDI, and Kmart, alongside a variety of mini-majors and specialty retailers. The centre benefits from high customer visitation and robust retail performance, making it a key asset with significant growth potential.
Lander & Rogers advised JY Group on the financing of the acquisition, with the transaction managed by Finance partner Adam Jeffrey. Adam was supported by senior associate Dominic Ho and lawyers Jaco Moulder and Mariam Dib. The financing facility was provided by the Commonwealth Bank of Australia.
Adam commented: “We are delighted to have again supported JY Group in this landmark acquisition. Warriewood Square is a high-quality asset that complements their growing portfolio and positions them for future success in the Australian market. This deal reflects the Group’s strategic vision and reinforces their leadership in the retail and mixed-use property sector. It’s been a privilege to assist JY Group in achieving this milestone, and we look forward to supporting their continued growth.”
This acquisition further strengthens JY Group’s foothold in the retail and mixed-use sector, enhancing its portfolio of prime assets across Australia.
