Qube is one of Australia’s leading integrated providers of ports and terminal infrastructure assets, with extensive port, rail, freight and bulk handling operations spanning Australia, New Zealand and Southeast Asia. In addition, Qube holds a 50 per cent interest in Patrick Terminals, one of Australia’s leading stevedores with operations across all four major gateway ports.

The G+T team advising on the core transaction and consortium arrangements was led by partners Costas Condoleon, Wes Bainbridge and Karen Evans-Cullen, supported by lawyers Hugh Evans, Jacob Lancaster, Maria Bletsas, Jin Yoo, Julia Tran and Albert Swann. The transaction included significant involvement across G+T, including Competition, Consumer and Market Regulation partners Simon Muys and Jeremy Jose advising on the competition and regulatory aspects of the transaction and Banking and Projects partners John Schembri and Adela Smith advising on the acquisition financing.

Costas Condoleon, Karen Evans-Cullen and Wes Bainbridge commented:

We are proud to support Macquarie Asset Management on this significant public markets transaction that demonstrates the growing strong interest of private capital in leading Australian infrastructure assets.

Costas Condoleon, Karen Evans-Cullen and Wes Bainbridge

The transaction is expected to close in the second half of 2026 and is subject to customary conditions including regulatory and Qube shareholder approval.