New partner expects more Chinese investment in Australian real estate and renewable energy assets this year
Holding Redlich has boosted its Brisbane office and its national property and projects group with the appointment of a new partner.
John Wei has joined the firm from Herbert Smith Freehills, where he was a consultant for the last three years. He specialises in advising Chinese clients on international investments, particularly in real estate and renewable energy.
“Chinese investment in Australian real estate is still very strong despite a downturn in the residential market in Sydney and Melbourne,” he said. “There has also been strong interest from China in renewable energy investments for the last 12 months. I predict that the number of deals emanating from China in renewable energy and real estate is likely to increase in 2019.”
Wei has extensive experience advising on acquisitions and disposals, real estate developments, leasing, renewable energy, mining, and infrastructure matters. The expertise will strengthen Holding Redlich’s China practice, said Ian Robertson, national managing partner.
“John has advised a number of large Chinese property groups with substantial investments in Australia and his appointment further strengthens our property team in Brisbane and nationally,” Robertson said . “He will also work closely with the head of our china legal practice, Carl Hinze, to further develop our practice acting for Chinese firms investing in Australia and Australian companies with legal issues in China.”