Leading Australian law firm Hall & Wilcox is pleased to have advised Arena REIT on its recently announced capital raising to assist it in funding a number of acquisitions and maintain balance sheet capacity for future growth opportunities. Arena is an ASX300 listed property group that owns, manages and develops social infrastructure properties across Australia.
Bernard Pinsky, Q.C. was quoted in the March Advisor’s Edge Report (Advisor.ca) compliance roundup, Five Provincial Regulators Adopt New Prospectus Exemption. The article discusses a new prospectus exemption for capital raising now available without an offering document in five provinces for issuers listed on a Canadian exchange. The key condition is that an investor must obtain advice from an investment dealer on the investment’s suitability.