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Real Estate & Construction

CMS advises the selling shareholders on the sale of Nederland Isoleert

06 Oct 2017

CMS has advised the selling shareholders on the sale of Nederland Isoleert to Essent.

Nederland Isoleert is a company that focuses on housing insulation for private individuals. With the acquisition by Essent, Nederland Isoleert hopes to boost the acceleration of sustainability of housing stock in the Netherlands and Belgium. Part of the transaction was also Vlaanderen Isoleert that is active in the same field in Belgium and Nederland Schildert.

Slaughter and May is advising SEGRO plc in relation to a cash tender offer for certain of its existing Sterling bonds and the new issue of two Sterling bonds

06 Oct 2017

Slaughter and May is advising SEGRO plc on its cash tender offer for certain of its existing Sterling bonds and the new issue of two Sterling bonds. SEGRO has accepted for purchase in cash an aggregate principal amount of its existing Sterling bonds across four tranches equal to £550 million, at a cash cost of £677 million. SEGRO has also launched and priced a £350 million bond with a maturity of 12 years paying a coupon of 2.375% and a £400 million bond with a maturity of 20 years paying a coupon of 2.875%.

Slaughter and May is advising SEGRO plc in relation to a cash tender offer for certain of its existing Sterling bonds and the new issue of two Sterling bonds

05 Oct 2017

Slaughter and May is advising SEGRO plc on its cash tender offer for certain of its existing Sterling bonds and the new issue of two Sterling bonds. SEGRO has accepted for purchase in cash an aggregate principal amount of its existing Sterling bonds across four tranches equal to £550 million, at a cash cost of £677 million. SEGRO has also launched and priced a £350 million bond with a maturity of 12 years paying a coupon of 2.375% and a £400 million bond with a maturity of 20 years paying a coupon of 2.875%.

Dentons advises Globalworth on its expansion in Poland through a strategic investment in Griffin Premium Real Estate

05 Oct 2017

Dentons has advised Globalworth, a real estate company focused on property investment in South Eastern Europe and Central and Eastern Europe, on an investment agreement to acquire a controlling stake in Griffin Premium Real Estate (GPRE), a company listed on the Warsaw Stock Exchange. The transaction was carried out by way of a tender offer directed to all shareholders of GPRE. This is Globalworth's first investment outside of Romania.

Freshfields advises on the €1.1bn acquisition of Berlin’s Sony Center

05 Oct 2017

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Madison International Realty (‘Madison’) on its acquisition, along with Oxford Properties, of the Sony Center in Berlin for approximately €1.1bn from NPS Korea. The acquisition marks Oxford’s entry into the Berlin market and is an extension of its existing global relationship with Madison, a leading private equity investment firm. 
 

Hogan Lovells advises Barings on its first ever Australian unitranche financing

04 Oct 2017

Leading global law firm, Hogan Lovells, led by Acquisition Finance Partner, Richard Hayes, has advised Barings (formerly Babson Capital) ("Barings") on its first ever Australian unitranche/super senior structured financing.

With over US$288 billion in assets under management, Barings is one of the world's leading asset management firms and is a member of the MassMutual Financial Group.

Slaughter and May advised Glenveagh Properties on its proposed initial public offering

04 Oct 2017

Slaughter and May is advising Glenveagh Properties PLC (“Glenveagh”) on its intention to proceed with an initial public offering of its ordinary shares, as announced on 2 October 2017.  It is seeking a listing on the primary segment of the Irish Stock Exchange and on the standard segment of the London Stock Exchange.  Glenveagh is an Irish homebuilder with a principal focus on the Greater Dublin Area.  It is focused on developing starter, mid-size and executive and high-end homes (both houses and apartments), either for itself or in partnership with third parties.