CMS Budapest represented the leading European investment manager, Union Investment on the sale of Krisztina Palace, a modern class A office building in Budapest to Erste Fund. The building has more than 15,000 sqm leasable area and it is occupied with tenants such as Emirates, Eaton Enterprises, Mazars, Deutsche Leasing, Granit Agriculture and Johnson & Johnson.

The CMS team assisting Union Investment was led by Jozsef Varady and included Ildiko Bodas, Laszlo Jokay and Aniko Szucs.

Houthoff Buruma advised DELA Vastgoed B.V. regarding the sale of the 'Solit Portfolio' to Lone Star. The Solit Portfolio consists of 73 stores, 4 shopping centres, approx 15,000 m2 of office space, 2 parking garages and 90 residential spaces. The transfer took place on 1 September 2017. The transaction vallue amounts to approx EUR 215 million.
Houthoff Buruma team included: Jan Cees Kuiken , Anna Wijnans , Pieter Batenburg , Danielle Verboom , Sahieda Nanhay-Khan , Loes van den Hurk , Doris Smudde

The Corporate team at CMS Cameron McKenna Nabarro Olswang has advised Myanmar Strategic Holdings Limited (“MSH) on its IPO on the standard segment of the Official List and the London Stock Exchange's main market for listed securities.

Freshfields Bruckhaus Deringer LLP ('Freshfields') has advised TPG Real Estate, the real estate platform of TPG, the global alternative asset firm, on the acquisition and financing arrangements of Arlington Properties from Goodman Group and L&G Property.
 

Reed Smith has advised longstanding client London & Regional on the real estate aspects of the refinancing of its London HQ premises at 55 Baker Street.

The mixed-use building comprises over 500,000 sq ft of offices, restaurants, apartments and retail in Central London, and includes tenants such as BDO, Knight Frank and Oliver Wyman.

Shoosmiths was a project partner in Bruntwood's successful consortium bid for funding to launch a tech hub in Leeds, delivering a major boost to the city.

Leeds City Council has awarded Bruntwood, the largest regional property developer and operator in the UK, £2m to open a tech hub at their new Platform development located at the city's mainline rail station.

Houthoff Buruma advised Attestor Capital LLP in the purchase of approximately 75 real estate loans from ABN AMRO with a combined nominal value of over EUR 200 million.
Houthoff Buruma team included: Loet Venrooy , Nadia Nartey-Wemegah , Geert van Leeuwen , Benjamino Blok , Gerard van der Linden , Martine Bijkerk , Thomas de Rave

Simpson Thacher represented Blackstone Real Estate Partners in connection with the sale of the Simply Group of hotels, located across France, to a group of investors sponsored by Dalmata Hospitality, as well as in connection with the discharge and release of security over the Simply Group’s existing financing. The transaction closed on July 27, 2017.

The Simpson Thacher team included Wheatly MacNamara, Tom Lloyd, Sam Charlton, Edd Hampson, Spencer Patton and Carys Hughes (Real Estate).

Schoenherr advised real estate investment company Deka Immobilien on the acquisition of two office buildings in Vienna, "Hoch Zwei" and "Plus Zwei", from S IMMO AG. The purchase price was EUR 235m and closing took place today, 31 August 2017. The two office buildings are the headquarters of Austrian energy company OMV AG. Schoenherr recently advised Deka Immobilien on another prestigious real estate transaction – the acquisition of DC Tower 1, Vienna's tallest hotel and office building.

We advised Talonrakennusteollisuus ry in the sale of its headquarters located at Unioninkatu 14, Helsinki to Barings Real Estate Advisers. The sales price was EUR 16 million. The property currently comprises approximately 4,300 sqm of leasable area. Talonrakennusteollisuus will vacate the property at the end of 2017, after which the building will be fully refurbished and converted by Barings into a 120-room business class hotel.