Baker McKenzie acted for Malaysian developer OSK Property in its agreement with Hilton Hotels & Resorts for the iconic hotel group to manage a new hotel within the AUD 2.8 billion Melbourne Square project in Southbank. The new hotel will comprise around 600 rooms, world class restaurant offerings and guest amenities.
Melbourne Square is one of Melbourne's largest mixed-use developments. In addition to a new Hilton-branded hotel, the development will include a significant residential apartment component, a commercial district, childcare facilities, and an array of other dining and retail options.
The Baker McKenzie team advising OSK Property was led by Corporate Real Estate partners Graeme Dickson in Sydney and Dora Stilianos in Melbourne.
Commenting on the deal, Dora Stilianos said, "It has been a great honor and pleasure to act on this project, which is possibly the largest management opportunity ever undertaken in Melbourne.”