Macpherson Kelley smashes record for most expensive electronic property settlement in Victoria

Macpherson Kelley’s Property and Construction team are paving the way for developers and investors to settle larger and more complex transactions online. Today, the team settled a $9 million property transaction online, “This is the largest electronic settlement that has taken place in Victoria. We are proud to be at the forefront of this field and appreciate the work that our team has done to get us to this point and the support from PEXA, our client and our partners in this transaction,” says Sebastian Renato, Principal, Property and Construction.

As one of the many companies in Victoria working with PEXA, a platform that enables property transactions to be settled securely and efficiently online, Macpherson Kelley are keen to continue developing their online processes to ensure fast and convenient developer and investor services.  “Embracing innovative technology and practices is essential to give the best outcome for our clients, who are often time poor and eager to take advantage of technological advances,” says Sebastian Renato, Principal, Property and Construction.

Macpherson Kelley’s Property and Construction lawyers have a strong reputation working with property developer and construction contractor clients across the Australian Property market. Our practical approach and keen understanding of our client’s businesses and their objectives, sets us apart. We give straight up advice that is based on the best commercial solution for our client, having evaluated associated risks. “At the end of the day, our aim is to mitigate risk and help businesses succeed,” says Sebastian Renato, Principal, Property and Construction.

 

For more information about this transaction and our National Property and Construction team, please click here