Tim Frew

Managing Director
Specializes in taxation of all classes of real estate
Advises clients on establishing and maintaining compliant Australian REITs
Leads the delivery of large-scale, technology-enabled compliance projects
Sydney
@alvarezmarsal
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Tim Frew is a Managing Director with Alvarez & Marsal Tax in Sydney. He specializes in the taxation of real assets, concentrating on taxation matters relevant to the acquisition, holding and disposal of all classes of real estate, including industrial, retail, office, residential, multi-family, student, agricultural and vacant land.

With more than 17 years of taxation experience, Mr. Frew advises clients on the establishment and maintenance of compliant Australian REITs (Managed Investment Trusts) and works with clients who operate through various structures, including companies, trusts, partnerships, stapled and synthetic stapled structures.

Mr. Frew’s notable assignments include leading the delivery of large-scale, technology-enabled compliance projects (most recently for Australian-listed top-10 REITs). He leverages market leading analytics and robotic process automation to identify and deliver improvements to existing compliance approaches. Mr. Frew works with pension funds and global real estate investors on diligence, structuring and modelling of significant Australian investments made into multifamily, student living and industrial assets. He also brings experience with clients in other industries, including natural resources, infrastructure and consumer products.

Prior to joining A&M, Mr. Frew spent 17 years with Ernst & Young in Sydney and Chicago, serving most recently in Sydney as Associate Partner. He is briefed to advise on the largest and most significant real estate transactions in the Australian market, including providing sell-side assistance for hotels portfolio; various large-scale CBD office and retail buildings; and buy-side assistance for retirement living portfolios, student accommodation platforms and listed de-stapling transactions.

Mr. Frew earned a bachelor’s degree in law (honors) and economics (distinction) from the University of Wollongong. He has an ongoing role facilitating the Effective Tax Structuring courses with the Property Council of Australia and sits on the Property Council of Australia Income Tax Committee.

Insights By This Professional

After much anticipation, the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024 (BTR Bill), which introduces the proposed Build-to-Rent Tax Concessions, finally passed both Houses on 29 November 2024 and received Royal Assent on 10 December 2024.
The Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024 was introduced on 5 June 2024.
The Federal Budget has placed a strong emphasis on increasing support for housing development to address the current housing crisis by introducing over $6.2bn of new and additional spending on social and affordable housing, new housing infrastructure, and rent assistance, amongst others.
The Australian Taxation Office released the new 2024 Reportable Tax Positions (RTP) Schedule last week, posing new questions about intangibles migration and Australian development, enhancement, maintenance, protection and exploitation (DEMPE) activities per Practical Compliance Guideline PCG 2024/1, highlighting transfer pricing and anti-avoidance considerations in particular.
Latest insights The latest insights from Tim Frew's team
Thought Leadership
Whilst the impact of rising costs and interest rates is still being felt throughout the economies of the world, real estate investors appear to be positioning themselves for better times ahead.
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