CHSH Cerha Hempel Spiegelfeld Hlawati has provided legal advice to IMMOFINANZ AG in connection with its invitation to bondholders regarding the incentivised repurchase of bonds which are exchangeable into BUWOG shares and other related transactions. The other measures include the successful placement of 8.5 million ordinary shares in BUWOG by an international banking consortium as part of an accelerated bookbuilding process and advising IMMOFINANZ on financing the entire transaction.

Caledonia Investments plc and other shareholders of TGE Marine AG signed a legally binding agreement on the sale of shares in TGE Marine AG (TGE) to MES Germany Beteiligungs GmbH (MES), a subsidiary of Mitsui Engineering & Shipbuilding Co. Ltd., Japan.

In the course of the transaction, TGE was rated at a three-digit million amount.

P+P advised the management of TGE on the transaction with the following team:

Benedikt Hohaus (partner, M&A/PE)
Tim Kaufhold (counsel, M&A/PE)
Nico Fischer (counsel, tax law)

Niederer Kraft & Frey advises Swiss Prime Site in connection with its successful launch of the Swiss Prime Investment Foundation with a primary issuance of CHF 550 million. Notenstein acted as distribution agent. The proceeds of the offering are invested in a real estate portfolio by the Swiss Prime Investment Foundation. The setting up of the investment foundation comprised a regulatory product approval proceeding before the Occupational Pension Supervisory Commission (OPSC).

AFG Arbonia-Forster-Holding AG successfully completed its rights offering which was resolved at the extraordinary shareholders' meeting held on 11 September 2015. In the rights offering, existing shareholders were offered 25,515,845 new registered shares with a par value of CHF 4.20 each at an offer price of CHF 8.10 per new share. The rights offering resulted in gross proceeds of approximately CHF 207 million. UBS Investment Bank acted as Sole Global Coordinator and together with Joh. Berenberg, Gossler & Co. KG as Joint Bookrunner.

SIG plc, the leading European specialist solutions provider to the construction industry, has completed the acquisition of HC Groep B.V.  HC Groep is a specialist Air Handling systems provider based in the Netherlands and the UK (Brighouse, West Yorkshire) with turnover of €45m.
 

Castres & Snellman assisted Avora Property, a company owned by a fund of Partners Group (listed on the SIX Swiss Exchange) and managed by Nordic real estate investor Niam, in the sale of a real estate portfolio consisting of five retail properties to Sirius Fund I Grocery. The properties are located in Jyväskylä, Raasepori, Savonlinna, Siilinjärvi and Ylivieska, Finland.

Roschier represented Nordika in the acquisition of an office complex with a total floor area of approx. 37,600 sqm in the Leppävaara district in Espoo, Finland. The office complex is known as the former headquarters of Nokia Networks.

WLG has advised Telereal Trillium on its acquisition of the Lands Improvement Group from BlackRock Europe Property Fund III (BlackRock).

The Lands Improvement Group is one of the oldest investment companies in the UK, with origins dating back to 1853. The Group specialises in acquiring greenfield and brownfield sites with a view to residential-led development, and has an estimated pipeline of 13,000 new homes across 2,500 acres of landholdings.

Ashurst has advised the leading real estate investment fund manager Gramercy Property Europe (Gramercy) on the acquisition and the financing of 2 retail stores in Germany as well as on the financing of 2 retail stores in the Netherlands. The facilities are leased to, or guaranteed by, Hornbach Baumarkt AG, a leading European retailer of home improvement products.

The properties were acquired for a total purchase cost of approximately €71.5 million and have a weighted average remaining lease term of 9.0 years.

Clifford Chance advised West Register Libori Galerie Paderborn GmbH, a subsidiary of The Royal Bank of Scotland plc. (RBS), on the sale of the Libori Galerie, Paderborn, Germany, to a subsidiary owned by CORESTATE CAPITAL Fund Management S.à r.l. by way of an asset deal.

Libori Galerie was opened in 1995 and is located in the city centre of Paderborn. It comprises of 16,000 m² retail and office space as well as 15 residential units  and a car park accommodating around 500 parking spaces.