William Fry are advising Hammerson and Allianz Real Estate on its joint venture to acquire the Project Jewel loan portfolio from NAMA for €1.85bn, anchored by Ireland’s largest shopping centre, the 1.5m sq ft Dundrum Town Centre.  Under the joint venture agreement, Hammerson and Allianz have each acquired a 50% stake in Dundrum Town Centre and Dundrum Phase 2, which has lapsed planning consent for 1.1m sq ft of retail space. Hammerson will act as asset and development manager.

Taylor Wessing has advised Tritax Big Box REIT plc (TBBR) on a new five year £500 million secured debt facility with a syndicate of four lenders.

The Facility comprises a £320 million Term Loan which will be drawn in full immediately, a further £80 million Term Loan available to draw up until the first anniversary of the Facility, and a £100 million Revolving Credit Facility which includes a £10 million Overdraft component.

CMS has advised Globe Trade Centre S.A. (GTC) on the financing of Galeria Polnocna in Warsaw - one of the largest investments in Poland’s shopping centre market in recent years. The credit agreement with Bank Pekao S.A. for the construction of the shopping and entertainment centre in the north-east of Warsaw includes a EUR 116 million construction loan and a EUR 150-175 million investment loan.

Eversheds handled the pre-let and lease negotiations for Hibernia REIT plc with Twitter, relating to Twitter’s new Irish HQ at Cumberland House, Fenian Street, Dublin 2. This is potentially the largest office lease deal of the year, being 85,000 square feet at an initial rent of €4.6m per annum.

Eversheds advised the sellers in the sale of Halmesvaara Oy’s shares. The sellers were, either directly or through the companies in their ownership, Vesa Lipsanen, Turo Levänen, Ariel Nemes, Poju Zabludovicz, Timo Savimäki, Peder Biese, Lauri Ratia, Heikki Lamminaho, Petri Nikula, and Matti, Timo and Ulla Halmesvaara. The shares were acquired by Bravida, a Nordic operator in the field of building services engineering, which expanded its Finnish operations through the acquisition.

Herbert Smith Freehills has advised long standing client Hammerson plc in connection with the formation of a new joint venture with Allianz Real Estate Germany. The joint venture has exchanged contracts with the Irish National Asset Management Agency, following a competitive bidding process, to acquire a €2.6bn portfolio of loans for €1.85 bn. The loans are secured against market-leading retail property assets in Dublin, Ireland, which includes Dundrum Town Centre, Ireland’s pre-eminent shopping and leisure destination.

Clifford Chance advised Allianz Real Estate on its successful bid to acquire the Project Jewel loan portfolio from Ireland’s National Asset Management Agency ("NAMA") in a joint venture with UK listed property company Hammerson plc. at a purchase price of ca. EUR 1.85 bn.

Pandox has sold the Scandic Antwerp hotel to the Dutch Van Der Valk group. The property value amounted to EUR 16 million. The transaction will close on 1 December 2015. Pandox AB, listed on Nasdaq Stockholm, is a leading owner of hotel properties in Northern Europe with a focus on sizeable hotels in key leisure and corporate destinations. Pandox’s hotel property portfolio comprises 104 hotels with approximately 22,000 hotel rooms across eight countries.

For this divestment, Pandox was assisted by a Eubelius team led by Marieke Wyckaert and Tim Van Moorhem.

NautaDutilh's Real Estate team closed a deal for Barrage Vastgoed BV, selling the European Headquarters of Office Depot in Venlo to American investment fund Global Net Lease.

The office building consists of 16,591 m2 and about 660 parking lots and is let for the long-term to Office Depot.

The team was led by David van Dijk and consisted of Frank Spraakman, Frederike Manzoni - van de Kuilen and Fleur Bouman.

Cuatrecasas, Goncalves Pereira advised Corpfin Capital Prime Retail II, real estate investment fund, S.A., specializing in commercial real estate, on its flotation on the MAB.

The transaction involved creating a multidisciplinary team in the firm comprising the Finance, Corporate and Commercial, Tax, and Real Estate and Construction Practices that worked together.