Global law firm Clyde & Co acted for developer Corinthian Mountfield in the recent judgment by the Court of Appeal, pursuant to which it rejected a judicial review of the Secretary of State’s refusal to call-in Corinthian's planning application for a major residential-led development (including up to 4.000 new homes) to the south-east of Canterbury.
Irwin Mitchell’s Corporate Team Advises idverde On Latest Deal
Idverde has announced the acquisition of KJT Group, an established provider of grounds maintenance, arboriculture and traffic management services in South West England.
Based in Devon, KJT Group has annual sales of £8m and employs 150 colleagues, delivering a number of high-profile contracts throughout the South West.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the Bochum-based residential housing company Vonovia SE (‘Vonovia’) on the sale of its stake of approximately 4.7 per cent in Deutsche Wohnen SE by way of an accelerated bookbuilding procedure.
At the close of trading on 31 January 2019, the block of shares held by Vonovia had a market value of circa. €733.2m. The proceeds will be used to further strengthen the balance sheet.
Dentons' Real Estate team in Warsaw has advised Hines Poland on the sale of Graffit office building in Warsaw, Poland. The building was acquired by a company from the group of Zeus Capital Management and it is its first investment in Poland.
Put in operation in the first quarter of 2018, Graffit is located in the business part of the Mokotow district of Warsaw. The building offers a total rentable area of 18,500 sqm, and meets the highest standards of modern workplace. With its wide range of energy efficient design solutions, the building is certified as BREEAM "Excellent".
DLA Piper has advised Principal Real Estate Spezialfondsgesellschaft mbH on the acquisition of the “Vitahris” health centre located in Bad Neuenahr in Rhineland-Palatinate. This acquisition is the first property for Principal Care Invest II, and was sold by stadt(werk) Gesellschaft für Stadt + Projektentwicklung GmbH. The purchase price is undisclosed.
Our commercial property team in Stratford upon Avon supported Galliford Try Partnerships on the land sale for the latest stage of the Europa Way development, between Leamington Spa and Warwick. Shakespeare Martineau advised on the land acquisition and planning aspects of the scheme.
This stage of the development will see a considerable housing boost for the local area and is due to be finalised in six years’ time with an estimated worth of in excess of £100 million.
Clifford Chance advised Orange Capital Partners (OCP) on the acquisition of a portfolio of around 450 residential properties from Rubens Capital Partners. The deal value of this portfolio is around 90 mln. Clifford Chance advised OCP on the due diligence, acquisition, corporate structuring, acquisition financing and closing of this real estate portfolio.