Real estate experts from Shoosmiths have advised Citygrove Securities PLC and its subsidiary Albemarle Developments Limited throughout the lifecycle of re-developing The Old Dairy, an award-winning mixed use scheme in South Ruislip.

The mixed-use scheme - which recently won the RICS Award for Regeneration - comprises of 162 residential properties, a Cineworld cinema, an Asda foodstore and family-themed restaurants and will create c.536 jobs and a new heart of South Ruislip.

Davis Polk is advising China Vanke Co. in connection with its participation in a consortium to acquire all of the equity interests of Global Logistics Properties Ltd. (GLP) for approximately $11.6 billion. The closing of the transaction is subject to customary regulatory and shareholder approvals.

Schoenherr advised Kronberg International on the acquisition of Mall Varna EAD from Raiffeisen Bank International AG. Closing took place in Q2 2017 and the parties have agreed not to disclose the purchase price.

Shearman & Sterling advised Cooperativa Muratori & Cementisti-C.M.C. di Ravenna Società Cooperativa (CMC) on its €250 million high yield bond offering.

The €250 million senior notes mature in 2022 and have a fixed coupon of 6.875%.   The notes are listed on the Official List of the Luxembourg Stock Exchange and traded on the Luxembourg Stock Exchange’s Euro MTF market. 

Leading international law firm Clifford Chance advised Unibail-Rodamco, Europe's leading listed commercial property company, on its first €650 million "green" loan.

This is a first-of-its kind "green" loan as the interest margin is not only tied to the Group’s long-term credit ratings, but also to three green Key Performance Indicators based on the Group's "Sustainability Vision" and "Better Places 2030" strategies.

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Pandox AB (“Pandox”) on its agreement to acquire Hilton’s London Heathrow Airport for £80m.
 
Pandox is a Stockholm-listed leading owner of hotel properties in Northern Europe, with a focus on sizeable hotels in key leisure and corporate destinations. Pandox’s hotel property portfolio currently comprises 121 hotels with more than 26,000 hotel rooms in ten countries in Northern Europe.
 

Clifford Chance has advised a joint venture led by L'Etoile Properties on the acquisition of the multi-tenant property "QiDUS" in Düsseldorf’s office quarter "Seestern" as part of an off-market transaction. The seller is a joint venture of London investment firm Revcap and asset manager Kriton Immobilien of Munich.

Clifford Chance has advised PATRIZIA GewerbeInvest Kapitalverwaltungsgesellschaft mbH, a subsidiary of PATRIZIA Immobilien AG, on the acquisition of three high-end office properties in Dortmund, Frankfurt and Hamburg. The purchase will take place on behalf of the recently launched "PATRIZIA Gewerbe-Immobilien Deutschland III" fund. The vendor is a subsidiary of Orion European Real Estate Fund IV, C.V., which is managed by Orion Capital Managers. Closing is scheduled for Q3 2017.

Schoenherr has advised real estate investment company Deka Immobilien on the acquisition of DC Tower 1 in Vienna, the tallest hotel and office building in Austria, from a UniCredit Bank Austria AG subsidiary. Sixty percent of the shares will be allocated to the Deka-ImmobilienGlobal portfolio and forty percent to the Deka-ImmobilienEuropa portfolio. Closing took place on 6 July 2017 and the parties have agreed not to disclose the purchase price.
 

Orrick's Paris team advised LBO France in connection with its sale of the WEST PARK office building to AXA Investment Managers – Real Assets (acting for AXA Selectiv’ Immo).

Originally built in the 1980s, WEST PARK is a 20,000 sqm office building spread across 11 floors, including three underground levels with 200 parking spaces. The complex offers a prime location alongside the green corridor now connecting the Terrasses de l’Arche in Nanterre to La Defense, the main business district of Western Paris.