DLA Piper is pleased to announce it has been selected to advise WinnCompanies in the US$1.6 billion redevelopment of New England's first public housing development, the Mary Ellen McCormack complex in South Boston. DLA Piper will advise on permitting and land use matters.

The Boston Housing Authority's (BHA)'s recent designation of WinnCompanies as developer kicks off a lengthy city, state and federal design review and approval process that will include extensive input and close collaboration with resident and community groups.

Macfarlanes has advised UK-based housebuilder Avant Homes in relation to the provision of a £200m revolving credit facility provided by Santander, HSBC, Bank of Ireland and RBS.

This funding injection will be used to acquire land in the Midlands, North East of England and central Scotland, forming part of Avant Homes’ ambitious growth plans which include increasing annual turnover to £500m and a building goal of 2,000 homes per year.

Fotografiska runs the world renowned photography museum in Stockholm.  The new premises at The White Chapel Building will be its first gallery outside Stockholm and will be used as Fotografiska – The London Museum of Photography.

Following completion of the works to construct the new office pavilion (which is expected in H2 2018), Fotografiska will take a 15-year lease at a basic annual rent of approximately £2.4 million.

Addleshaw Goddard has advised Galliard Homes on the acquisition from a fund advised by Brockton Capital of three large office parks across three established London commuter belt locations.

BLP Germany has advised Hines as asset manager for an institutional investor on the acquisition of the Mira Shopping Centre in Munich.

Built in 2008, the Mira Shopping Centre covers roughly 24,000sq m and hosts around 60 retail tenants, including Rewe, H&M, New Yorker, dm, C&A, Aldi, Deichmann, Hunkemöller, Douglas, Woolworth and Expert. Hines plans to reposition the centre and establish it as a popular hub for the district.

Hines is a global real estate investment firm with presence in 20 countries and has AUM of approximately €90.3bn.

Ashurst represents Alberta Investment Management Corporation ("AIMCo") on their US$300 million cornerstone commitment to Macquarie Asia Infrastructure Fund 2 LP (the "Fund") and assisted AIMCo in negotiating the terms of their significant investment.

The major real estate investment company DADES has sold its subsidiary Datea, Denmark's market leader within commercial real estate, to Newsec, the leading company within property asset management and advisory in Northern Europe.

For DADES, the sale means an enhanced focus on its primary business and a release of funds for further investments in real estate property, the very core of DADES’ business model.

CMS* is pleased to announce that it has advised M.V. Cargo in respect of two parallel loans made available to it by the European Bank for Reconstruction and Development and the International Finance Corporation. The loans, totalling USD 74m, will partly finance M.V. Cargo’s construction of a new modern grain terminal in Ukraine’s Black Sea port of Yuzhni capable of handling up to 5 million tons of grain annually. The overall value of the investment into the project is expected to exceed USD 150m, and construction of the grain terminal is expected to be finalised in 2018.

CMS* is pleased to announce that it has advised M.V. Cargo in respect of two parallel loans made available to it by the European Bank for Reconstruction and Development and the International Finance Corporation. The loans, totalling USD 74m, will partly finance M.V. Cargo’s construction of a new modern grain terminal in Ukraine’s Black Sea port of Yuzhni capable of handling up to 5 million tons of grain annually. The overall value of the investment into the project is expected to exceed USD 150m, and construction of the grain terminal is expected to be finalised in 2018.

On 4 August 2017, advised by King & Wood Mallesons (“KWM”), the reorganization plan of Nantong Sinopacific Offshore & Engineering Co., Ltd. (“Sinopacific”) was approved by Jiangsu Qidong People’s Court. Sinopacific resumed full production to celebrate its rebirth.