Norton Rose Fulbright has advised a consortium composed of two Italian construction companies, Cospin S.r.l. (Cospin) and Nurovi S.r.l. (Nurovi), which was nominated EPC contractor for work to rehabilitate the water and sanitation systems of Kirandich basin in Kenya, Lot 1 (the Project).
Gernandt & Danielsson advises in SSM Holding’s issue of corporate bonds amounting to SEK 400,000,000
The net proceeds will be used to refinance the company’s outstanding bond loan and for general corporate purposes. The bonds are issued within the framework amount of SEK 700,000,000. The company has undertaken to list the bonds on Nasdaq Stockholm.
SSM is active within the field of project development and new production of housing in Stockholm.
We acted as the sole legal advisor to Caverion in its acquisition of Sähkötaso Esitystekniikka Oy made to strengthen its AV solutions expertise. The transaction supports Caverion’s strategy and complements its offering in the area of Information and Communication Services. The sellers are Sähkötaso Esitystekniikka Oy’s CEO Esa Ranta-aho and Palvelurahasto I, a fund managed by Korona Invest.
Herbert Smith Freehills is delighted to have advised Aventus Retail Property Fund (Aventus) on its A$104.5 million fully underwritten 3 for 20 accelerated pro rata non-renounceable entitlement offer of units in Aventus (Units), announced to the ASX on 2 May 2016 (Offer). The Offer consists of an accelerated institutional rights issue and a retail rights issue, at an issue price of A$2.03 per new Unit.
Berwin Leighton Paisner (BLP) has advised Ingenious Real Estate, the property division of alternative investment firm Ingenious, on a joint venture with property developer, Mount Audley.
In April 2016, Retail Estates NV, assisted by Eubelius, has realised an institutional placement of bonds for an amount of EUR 30 million in two tranches, with a term of ten years each. Fixed rate bonds were issued for EUR 4 million and floating rate bonds were issued for EUR 26 million.
Retail Estates is a BE-REIT specialised in peripheral retail properties and listed on Euronext Brussels.
For this bond issue, Retail Estates was assisted by a Eubelius team led by van Lars Van Bever and Robin Van Gysel.
Contentus has acquired the Åhléns property in Ystad from Cornerstone, Nordic Retail Fund. The property, which to some extent is a property for development purpose, has a leasable area of 5,435 sq. m.
Setterwalls's team was led by
Anders Frick
Global law firm White & Case LLP has advised leading French property builder and developer Kaufman & Broad on its re-IPO.
The transaction consists of the sale of a portion of the shares held by its principal shareholder, Financière Gaillon 8, a company owned by funds controlled by PAI Partners. Financière Gaillon 8 currently holds 91.11 percent of the company's share capital.
26 April, 2016, Evergrande Real Estate Group Limited ("Evergrande Real Estate") has successfully acquired China Calxon Group Co., Ltd. (Calxon, stock code: 000918), through which Evergrande Real Estate obtained its first A-share financing vehicle in the domestic capital market. In the transaction, Evergrande Real Estate purchased approximately 952 million shares in Calxon from Zhejiang Commercial Group Co., Ltd., Zhejiang Guoda Group Co., Ltd.
Setterwalls advised Riksbyggen in the acquisition of the historic property Kamelen 14, the old police station in Malmö. The property is acquired from Söderport Fastigheter, which is owned equally by Hemfosa Fastigheter AB and Sagax. The old police station today consists of 13 500 m3 of office and business premises but now a final plan for the area allow for conversion to housing. Riksbyggen is planning to convert the property to 120-150 new apartments distributed in two to three housing associations. The purchase price amounted to MSEK 170.