Carl Black advises public and private sector clients on diverse property- and finance-related matters. He has a significant background in high-profile joint venture real estate developments across Western Australia (WA) including residential flat land development and affordable housing, city high-rise developments, and regional medical and community facilities.
Carl is involved throughout real estate projects, advising on establishment of the development entity and preparation of terms sheets, project financing and building arrangements, land acquisition, development management and finance procurement agreements, marketing agreements, and pro forma and customised lease and sales agreements.
Carl’s extensive experience in resource-industry projects and financings includes advising joint venture participants on oil and gas projects in WA on worker accommodation and land tenure. He also has wide dealings with transportation industry participants and on the construction of barging facilities, jetties and marine supply base facilities. Carl works with in-house counsel and commercial operators to document and execute transactions, ensuring project participants gain appropriate and tax-effective ownership rights.
Acting on behalf of UK private equity in respect of Australian hospitality lead mixed use developments in Perth, Carl has provided valuable strategic advice and assisted with opportunity identification as well as transaction support. As part of his role as the firm's Asia Pacific head of the Hospitality & Leisure Industry Group, Carl is involved in acting for developers and owners of hotels expanding throughout the region.
He manages portfolios for large commercial property developers and asset owners in WA and overseas. Such portfolios include elements of retail leasing in several central business district precincts.
Carl acts for both borrowers and lenders in the negotiation of construction facilities for development projects. His deal negotiation work includes advising on the appropriateness of pre-sale and pre-leasing commitments needed for project feasibility.
Carl represents operators of liquor-licensed premises in WA in leasing, sale and purchase, due diligence and construction. He has participated in high-profile brewery and hotel acquisitions as well as high-value leasing and real estate asset sale and purchase deals. Carl also has commercial development expertise including adjoining owners and co-owner contracts and arrangements.
His experience in airport operations includes the negotiation of aviation and non-aviation leases and licences, concessions for terminal building and air-side services, the sale and purchase of airports, Airports Act matters, corporate governance, negotiation of consultant agreements and managing portions of the master planning process for airport operations.
Carl also assists regional airports in their infrastructure funding applications and the implementation of airport operator agreements.
City Real Estate Development, Acquisitions, Disposals And Commercial Leasing
Joint Venture and Structured Property Contracting
Aviation and Non-Aviation Airport Leasing and Licensing, Development Contracting and Advisory Services
Property Corporate Governance
General Commercial Property Law
Banking and Finance
Liquor Store Acquisitions and Disposals