Hogan Lovells advises Fluor on its acquisition of Stork
Hogan Lovells is advising Fluor on its acquisition of Stork for EUR 695 million from Arle Capital Partners. The transaction is expected to close in the first half of 2016.
Hogan Lovells is advising Fluor on its acquisition of Stork for EUR 695 million from Arle Capital Partners. The transaction is expected to close in the first half of 2016.
Linklaters has advised European Shopping Centre Fund II, one of the investment funds managed by CBRE Global Investors, in relation to the acquisition of Galeria Sfera shopping centre. The centre consists of two main malls with circa 61,878 sqm of GLA, and it is well positioned in the centre of Bielsko-Biala. Galeria Sfera was sold by its developer - Bielsko Business Center 3.
Herbert Smith Freehills has advised Spanish property company Allegra Europea Holdings on the acquisition of BVLGARI’s flagship Sydney store and associated offices for A$28.7 million.
Over the past eight years Allegra has generated an attractive international real estate portfolio of both direct property investments and development projects. Allegra has a presence in all real estate sectors throughout the world and also carries out philanthropic activity through the Mario Losantos del Campo Foundation.
NautaDutilh's Real Estate Practice Group assisted leading Dutch developers OVG Real Estate and G&S Vastgoed with regard to the development of the new head office for the ING Group on the Frankemaheerd location in Amsterdam-Zuidoost. ING's current head office – the 'Amsterdamse Poort' – will be transformed in close collaboration with the Municipality of Amsterdam.
Wragge Lawrence Graham & Co's Real Estate team has advised The Crown Estate on the purchase of a 12.5-acre Castles Acre site in Leicester from Everards Brewery. The deal is set to create a 150,000 sq ft extension to Fosse Shopping Park, purchased last September.
Grupo Villar Mir sold Torre Espacio, one of the emblematic cuatro torres (four towers) in Madrid, to Philippine group, Emperador. Grupo Villar Mir is one of the major private industrial groups in Spain, present in 40 countries and on five continents. Its business activity includes construction, real estate development and energy. Emperador leads the spirit beverage sector in the Philippines and is one of the most renowned in the world.
King & Wood Mallesons has advised Mazabi Gestión de Patrimonio on the acquisition of two hotels, the Iberostar Santa Eulalia, located in the Ibizan town of S'Argamassa, and Iberostar Costa del Sol, Málaga, which will open next year.
The deal, valued at €60 million, includes the acquisition of both properties and the subsequent lease agreements of both complexes to the Iberostar Group, who will manage and operate both hotels.
Züblin Immobilien Holding AG successfully placed 1’433’387’664 new registered shares in the capital increase at the offer price of CHF 0.05 per offered share. 1’323’868’992 new registered shares corresponding to 92.36% of total shares offered were subscribed by investors exercising pre-emptive rights during the rights exercise period while the remaining 109’518’672 new registered shares were placed in the share offering and purchased by Lamesa Holding S.A.
Schroder Real Estate (Schroders) has acquired the well-known and outstanding architectural landmark property Königstadt-Carree near Berlins Alexanderplatz as part of a share deal for an investor. King & Wood Mallesons (KWM) Real Estate team advised Schroders on this transaction. The purchase price was not disclosed.
Norton Rose Fulbright is acting for leading UK online estate agency Purplebricks on its £240 million AIM lPO.
Purplebricks, which launched in April 2014, is the first online estate agent to list in the UK to list on AIM.
Backed by a number of well-known investors, Purplebricks has conditionally raised £58m from selling shares to institutional investors. The shares are expected to start trading on AIM on December 17, 2015. The IPO will raise £25m for the company while some directors and investors will cash in shares worth £33m.