Dubai—Dentons has advised DAMAC Real Estate Development Limited, a leading developer of high-end and luxury residential property in the Middle East, on its tender offer in respect of the outstanding US$650 million Trust Certificates, due 2019, and a simultaneous new debt issuance of a US$500 million five year Regulation 'S' senior unsecured sukuk, maturing in April 2022, which completed on 20 April 2017. The new Sukuk was issued via a Cayman Islands special purpose vehicle, Alpha Star Holding III Limited.

Kajo Neukirchen Group, a family office, specializing among others in investmenta in companies and real estate, acquired a number of office and commercial buildings in Mannheim and Heidelberg from a project developer based in the Rhine-Neckar region. The purchase includes a listed office property and a residential complex. Kajo Neukirchen Group thus continues its growth in the real estate sector.
 
Kajo Neukirchen Group was advised by a team led by Frankfurt-based real estate specialist Dr. Thomas Nickel.

    Counsel to Kajo Neukirchen Group

San Francisco and Hong Kong – Paul Hastings, a leading global law firm, announced today that it represented SRE Group Limited (“SRE”), an integrated real estate developer focusing on high-quality development and renewal projects in first-tier cities in China, in its acquisition of 75 Howard in San Francisco, the United States of America. China Minsheng Investment Group has a controlling stake in SRE.

Ashurst is advising Waterman Group plc on the recommended cash offer by Tokyo Stock Exchange-listed CTI Engineering Co. Limited.

CA IMMO, a Vienna-based real estate company, and Union Investment Real Estate, a German real estate investment manager, successfully sold their co-owned logistics centre named Aerozone, thus completing the strategic process of CA Immo’s withdrawal from the logistics segment.

Aerozone, the last logistics facility co-owned by CA Immo, is strategically located near Budapest Ferenc Liszt International Airport and has a total floor area of 65 000 sqm.

Leading global law firm Baker McKenzie has advised Steiner AG, a leading Swiss real estate developer and total contractor, on the set up of a regulated investment foundation with the name Steiner Investment Foundation. Steiner AG is the first Swiss contractor to launch such an investment vehicle.

Addleshaw Goddard's market-leading real estate team has advised developer HB Reavis on a strategic Central London acquisition.

Elizabeth House, Waterloo has a prime location adjacent to the UK's busiest station. HB Reavis plans to deliver a new 945,000 sq ft mixed use scheme comprising 753,000 sq ft of commercial floorspace, 142 homes and public space totalling 192,000 sq ft.

Dentons has advised VGP NV, the leading international project developer of high-quality logistics and semi-industrial real estate and ancillary offices, on its €284.8 million Rule 144A/Regulation S marketed secondary public offering. The offering consisted of shares sold by affiliates of a founding shareholder and the chief executive officer, and is one of the largest secondary share sales in Belgium in recent years. VGP is incorporated in Belgium and listed on Euronext Brussels and the Prague Stock Exchange.

International commercial law firm Hill Dickinson has advised on the sale of Countrywide Grounds Maintenance to The Dwyer Group, one of the world’s largest parent companies of trade service brands.

Based in Manchester, Countrywide offers commercial grass cutting, landscape maintenance, sports grounds maintenance and winter gritting services. Established by Founder Martin Stott in 1985, he and his family have grown Countrywide Grounds Maintenance from a family-owned and operated business into a system with more than 50 franchisees across the UK.

DLA Piper has advised NAI Svefa on its acquisition of the majority of the shares in Värderingsdata i Kungsbacka AB through the acquisition of shares from a minority of the shareholders and in connection with a share issue in kind in Värderingsdata.

In connection with the acquisition, a separate business area of NAI Svefa regarding property information, Fastighetsinformation, will be integrated in Värderingsdata, which will become the largest player within the field of automated valuation models (AVM) for the Swedish banking and finance market.