CMS advised PingProperties on several agreements including a franchise agreement in relation to the rebranding of Tulip Inn Amsterdam Airport to Ibis Styles, a brand of AccorHotels.

Sustainability program
The Ibis Styles Amsterdam Airport will have 141 rooms and will run on green energy to comply with Planet21, AccorHotels' sustainability program. Furthermore, the hotel offers a free shuttlebus service to Amsterdam Airport.

Investment management

Global law firm White & Case LLP has advised Greentown China Holdings Limited, a Chinese luxury residential property developer, on its subsidiary's private placement of unlisted US$500 million senior perpetual capital securities callable 2021.

The placing agents for the private placement are Credit Suisse (Hong Kong) Limited and The Hongkong and Shanghai Banking Corporation Limited.

Cleary Gottlieb is representing Tikehau Capital in connection with the acquisition of Sofidy from its historic family shareholders and in the mandatory takeover bid for Selectirente.

The transactions allow Tikehau Capital to strengthen its presence in the real estate asset management market and improve the group’s business mix.

The acquisition of Sofidy was subject to the approval of competition authorities and the French market authority. The transaction closed on December 17, 2018.

The Frankfurt Real Estate Industry team has advised Godewind Immobilien AG on the acquisition of an office property in Aschheim-Dornach near Munich, Germany for a net price of €30 million.

The property in the ExpoGate business park comprises a rental space of 17,612 square meters and 263 parking spaces. The transaction is expected to close by the end of February 2019.

Gide's Real Estate practice group has advised Orpea Polska on its latest project: the acquisition of the company operating the elderly care home Dabrowka Residence in Warsaw.

Gide advises YIT Development, a subsidiary of YIT listed on the Helsinki Stock Exchange, on the conclusion of an investment agreement and a shareholders' agreement with the Wroclaw-based developer i2 Development, listed on the Warsaw Stock Exchange.

Hogan Lovells Warsaw Office advised the ISOC Group in the transaction consisting of the acquisition of C and D buildings of "Silesia Business Park" from Skanska. The transaction involved two new class A office buildings with leasable area of over 24,000 sq.m. Silesia Business Park is located in the most dynamic business district in Katowice. ISOC and Skanska signed the final sale agreement on December 21, 2018.

Slaughter and May is advising Global Infrastructure Partners (GIP), the leading independent infrastructure investor, on the sale together with its co-investors of a 50.01% shareholding in London Gatwick Airport to VINCI Airports. The transaction values Gatwick at £8.3 billion on a cash and debt free basis. GIP will maintain its integral role in the management and ownership of Gatwick as part of a long-term partnership with VINCI Airports.
 

LONDON – Global law firm, Reed Smith advised Catella AB (Catella) - a leading pan-European organisation specialising in property investments, fund management and banking - on the acquisition of a majority stake in APAM Ltd.

Through Catella’s property fund, Catella Property Fund Management AB (CPFM), the organisation signed a share purchase agreement to acquire a majority stake in the leading UK real estate investment and asset management company, APAM Ltd.