CMS advised the developer, Garvest Real Estate, on the sale of the Pixel office building in Poznan. The building was bought by Globe Trade Center in a EUR 32.2 million deal.
With its 14,500 square metres and a distinctive form designed by JEMS Architekci, Pixel is located in at ul. Grunwaldzka 182 in Poznan and is wholly occupied by the Allegro Group.
Planning permission was granted on 19 January 2016 for a new 900 seat theatre within the cultural space at One Tower Bridge. We provided strategic planning advice to Berkeley Homes, which is developing One Tower bridge, and secured a variation to the Section 106 Agreement to facilitate the grant of planning permission.
Eversheds represented Realia Isännöinti as it acquired the shares of Päijät-Hämeen Isännöinti Oy in Lahti. The acquisition strengthens Realia Isännöinti’s operations in the Lahti region.
Roschier represented Onvest Oy in the sale of a real estate portfolio consisting of 15 properties to Sagax. The portfolio was valued at approximately EUR 45 million. The properties are leased out on a long-term basis to Onninen Oy and operated as Onninen Express stores providing mainly technical equipment for industrial clients.
Onvest Group provides with a long tradition technical and construction services as well as investment and property activities with a turnover of approximately EUR 1.8 billion in 2014. Sagax is a real estate investment group listed in Nasdaq Stockholm.
Insolvency administrator Mr Ivo-Meinert Willrodt from PLUTA Rechtsanwalts GmbH has achieved an investor solution for Straubinger Metallbau GmbH. The acquisition took the form of restructuring by way of an asset transfer with effect as of today. The company’s name will be preserved. It has been agreed that the purchase price will not be published. 18 employees will be kept on.
Pinsent Masons has advised Turkish construction company, Tepe on its landmark $100 million State Immunity case in the Royal Court of Jersey following long running dispute with Botas
Clifford Chance has advised China Railway Construction Corporation Limited (CRCC) on its US$500 million H-share convertible bond. This is the first H-share convertible since Sinopec's $1.5 billion deal in 2007, and the first since China's National Development and Reform Commission (NDRC) revised its set of debt issuance rules in September last year.
London - Mayer Brown has advised Crosstree Real Estate Partners on the sale of its interests in 207 and 211 Old Street, London EC1, also known as The Bower, to Helical Bar plc for a combined priced that valued the assets at £248 million. Simultaneously, Crosstree has agreed to acquire the retail parade, at 183-213 Old Street, London EC1, for £23 million.
London - Mayer Brown has advised Crosstree Real Estate Partners on the formation of a 50/50 joint venture with Anschutz Entertainment Group (AEG) to develop a new designer outlet retail scheme at The O2, the landmark building on London’s Greenwich Peninsula. The firm has also advised the AEG/Crosstree joint venture on a £185 million financing by Lloyds Banking Group to partly finance the scheme.
Clifford Chance has advised Allianz Real Estate Germany GmbH on the establishment of a joint venture between affiliates of the Allianz Group and a real estate vehicle of the Austrian company SES Spar European Shopping Centers GmbH for the purpose of acquiring the "Fischapark" shopping centre in Wiener Neustadt, Austria.
By acquiring a share in "Fischapark", Allianz complemented an existing joint venture with SES established in 2013 which has a portfolio comprising seven other shopping centres in Austria, Italy and Slovakia (the "Senza Confini Portfolio").