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Real Estate & Construction

Nabarro advises Chinese property developer R&F Properties on the acquisition of Vauxhall Square

19 Apr 2017

Nabarro has advised Guangzhou R&F Properties Co., Ltd on the acquisition of Vauxhall Square London for £157.77m.

The Hong Kong-listed company has exchanged contracts with the seller on 5 April for the acquisition of the 3.4 acre site which is located in the largest regeneration area in central London and has planning permission for a residential-led, mixed-use scheme of approximately 1.5m sq ft.

Real estate experts advise Propertylink on A$46.6 million Sydney warehouse purchase

13 Apr 2017

Herbert Smith Freehills has advised Propertylink on the purchase of an industrial warehouse property in Western Sydney for A$46.6million.

Located at 205-231 Fairfield Road, Yennora, the headline tenant is online fashion retailer, The Iconic. There are also three other tenants and the property will be added to an existing Propertylink industrial property fund.

Herbert Smith Freehills also advised Propertylink in relation to its Foreign Investment Review Board (FIRB) application and the debt financing required to complete the purchase.

Weil Advises Griffin Premium RE.. N.V. in its Initial Public Offering on the Warsaw Stock Exchange

12 Apr 2017

Weil is advising Griffin Premium RE.. N.V., the owner of pure office and high-street mixed use properties, on its initial public offering on the Warsaw Stock Exchange. The value of the IPO was approximately €118 million. This is the first public offering of a real estate investment trust (REIT) in Poland.

The transaction was led by head of the Warsaw Capital Markets practice Anna Frankowska and included Corporate partner Pawel Zdort, associates Anna Blonska, Piotr Fedorowicz and Lukasz Blazejczyk, and law clerk Tomasz Bakowski.

Trowers & Hamlins advises on Joint Venture deal with Peabody

12 Apr 2017

International law firm Trowers & Hamlins is advising Housebuilder Hill on their joint venture with Peabody for two East London projects, with a combined value of over £350m.

Peabody has put its Fish Island Village site into the scheme and Hill have contributed their Lea Bridge Road development in Leyton together bringing nearly 900 new homes.

The firm advised Hill on the initial site acquisition and funding and subsequent joint venture with Peabody. The project also involved two separate affordable housing transactions and tax structuring by Trowers.

Clifford Chance advises on US$580 million Eco World IPO, the largest offering in Malaysia since 2015

12 Apr 2017

    Raymond Tong, Johannes Juette, Jonathan Crandall, Stephanie Juwita Liman

    Clifford Chance, Singapore

Clifford Chance advised the issuer, Eco World International Berhad (EWI), on the international aspects of its US$580million (RM2.58 billion) initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd. This is the largest IPO in Malaysia since the listing of Malakoff Corporation Berhad in 2015, on which Clifford Chance also advised on.

Dentons advises CPI Property Group on 11-asset CEE portfolio acquisition

12 Apr 2017

Dentons advised CPI Property Group on the acquisition of a portfolio of 11 retail properties from CBRE Global Investors, including six major regional shopping centers located in the Czech Republic, Hungary, Poland and Romania. The transaction has been completed following the approvals received from Czech and Hungarian regulators.

Dentons advises Skanska on €62 million sale of Maraton office building in Poznan

12 Apr 2017

Dentons' Real Estate team advised Skanska on the €62 million sale of the Maraton office building in Poznan, Poland to Union Investment.

With its innovative architecture and central location in the business district, Maraton is one of the most prestigious newly-constructed office buildings in Poznan, offering more than 25,000 sq.m. of gross lettable area and 300 parking spaces.

Pawel Debowski, Chairman of Dentons' Europe Real Estate Group, supervised the project. He was supported by Partner Bartlomiej Kordeczka and Senior Associate Martyna Racz-Suchocka.

Gowling WLG advise on ground-breaking £250m retail park portfolio sale

10 Apr 2017

Gowling WLG's real estate team has advised a fund advised by Brockton Capital on the corporate sale of its portfolio of nine retail parks to the independent real estate investment management boutique, Tristan Capital Partners.

The sale of the corporate entities, which include Foundry Retail Park in Rotherham, Warrington Riverside Retail Park and Cardiff Gate Retail Park, has been completed in a deal worth c. £250 million. Sally Pinkerton, Gowling WLG's head of international real estate and Matt Walker, director, led the matter which completed on 8 March 2017.