Gowling WLG's Real Estate team has advised long-standing client U and I Group PLC on the financing of the 2 Brunel Place development in Slough. The development forms the first phase of U and I Group's wider Brunel Place project, providing a new commercial quarter in Slough.
Nabarro has acted for Ask Real Estate on its acquisition of the Bauer Millett site in central Manchester, its first new project since being backed by construction giant Carillion.
The 1.7 acre site, which is located between the Exhibition Centre and Hilton Hotel is in close proximity to Ask’s highly successful and much lauded First Street scheme. A £300m, 750,000sq ft mixed use scheme is planned.
Monica Brij led the Nabarro team.
Advisors to Foncières des Régions in connection with the sale of a logistic portfolio located in France to Rockspring Property Investment Managers LLP with a surface area of 214.597 s.q.m.
Membres
* Alexandre Blestel
* Nicolas Favre
* Paul Talbourdet
* Sebastien Journé
* Sébastien Sayn-Urpar
DWF Germany advised international property investment company Golden Star Properties B.V. (Golden Star) on the asset acquisition of BMW’s training academy in Munich and the leasehold of a landmark office building in Frankfurt.
The DWF team, led by real estate partners Oliver Bolthausen and Dr Falko Grauer, advised Golden Star on the acquisition of BMW’s 16,000 square metre training academy from the seller, Hertie Stiftung.
WATG becomes the first US business to adopt the UK employee ownership model, advised by Graeme Nuttall OBE.
Wimberly Allison Tong & Goo (WATG), the leading international design consultant to the hospitality, leisure and entertainment industries, has become the first US business to adopt the UK's Employee Ownership Trust model, supported by European law firm Fieldfisher.
On 13 April 2016, LEG Immobilien AG signed an agreement for acquiring a portfolio of about 1.100 residential units located in core markets of LEG, by way of a share
deal. The agreed property value amounts to €53m; in addition, the transaction includes the assumption of debt of about €20m. LEG’s obligations under the agreement can be settled in cash or by issuing new shares. The transaction is expected to close by end of July 2016, at the latest.
Norton Rose Fulbright has advised the Leptos Group on the English law financing aspects of its debt restructuring with Bank of Cyprus.
The Leptos Group is one of Cyprus’ largest group of companies, with its main business interests in real estate development, hotels ownership and management, education (owner of private accredited university) and health care (owner of a hospital).
Norton Rose Fulbright has advised Top Spring International Holdings Limited on its US$115 million acquisition of an 85% equity interest in Shanghai Huanjian Investment Company Limited and a 0.85% equity interest in Shanghai Huantang Cultural Communication Company Limited.
Top Spring International Holdings Limited is a real estate property developer in China and is listed on the Main Board of the Hong Kong Stock Exchange.
Setterwalls has assisted KF Fastigheter in the sale one third of a development property with an approximate land area of 88 000 sq. m. to Riksbyggen in one of Gothenburg's most expansive areas – Backaplan/Hisingen.
Balder owns one third of the property.
Setterwalls team was led by Niklas Svantesson and Nicole Hervidsson
Ashurst advised Westfield on its 50/50 joint venture with Commerz Real Investmentgesellschaft (CRI), the German open-ended fund, in connection with the extension to the Westfield London shopping centre which, on completion, will be the largest mall in Europe.
The joint venture with CRI will extend the market leading retail scheme by over 500,000 square feet.
Hugh Lumby, global head of real estate, commented: