In the past 6 months, McInnes Wilson has successfully advised Ray White Queensland on the sale and purchase of 8 Gold Coast franchises.
About the transactions
McInnes Wilson advised on the sale of:
- Ray White Surfers Paradise
- Ray White Main Beach
- Ray White Benowa
- Ray White Runaway Bay
- Ray White Sovereign Island
- Ray White Pacific Pines
- Ray White Paradise Point
- a partial interest in Ray White Robina.
These transactions mark a generational shift for Ray White Queensland and demonstrate the group’s commitment to strengthening its market presence on the Gold Coast.
Work provided by McInnes Wilson
McInnes Wilson provided legal and commercial guidance on each of the transactions, ensuring a smooth transition for both Ray White Queensland and the new owners. The firm’s work included:
- preparation and negotiation of the principal sale agreements
- preparation and negotiation of a number of ancillary transaction documents (including, in some circumstances, securityholders’ agreements and bespoke put and call arrangements)
- specialist duty advice on the transactions
- industrial relations advice on key employment and contractor agreements
- various completion matters.
The Corporate and Commercial Advisory team was led by Principal, Nick Camphin, who was assisted by Associate, George Londy and Solicitor, Roberto Randazzo.
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