DWF advised leading real estate investment trust (REIT) NewRiver Retail Limited on its £53.5m acquisition of 158 Punch Tavern pubs.
 

K&L Gates LLP has advised Shanghai Sun Kwan Real Estate Group on a RMB3.2 billion (approximately US$500 million) real estate transaction.

Sun Kwan Group acquired a group of companies that owned approximately 400,000 square meters of low-density residential and commercial development land in the Shanghai Sheshan District. The seller is wholly-owned by Hong Kong-listed Tian An China Investments Limited, a subsidiary of property and financial services investment company Allied Group Limited.

Trowers & Hamlins is pleased to have advised Bouygues UK on the construction contracting for a new central London hospital dedicated to cancer treatment.

Bouygues UK has been awarded a £190 million contract by University College London Hospitals NHS Foundation Trust to design and build the hospital and work is already underway onsite.  The new facility will be built near University College London Hospital's existing cancer and radiotherapy centre in Bloomsbury and is expected to be ready to receive patients in 2019.

Clifford Chance advised the French institutional investor Amundi Real Estate on the acquisition of the office property OASIS II in Stuttgart.

Amundi was represented by IC Immobilien Group. The seller of the property is GIEAG Immobilien AG. The parties have agreed not to disclose the purchase price.

The Capital Markets team in Dubai and Riyadh has advised Abdullah Al Othaim Real Estate Investment and Development Company (OREIDCO) on its debut sukuk issuance. The sukuk was issued with a face value of SAR1 billion, with a floating profit rate linked to SAIBOR and a maturity of five years.

Gernandt & Danielsson advises in NP3 Fastigheter’s issue of corporate bonds with a value of SEK 300 million

NP3 Fastigheter AB (publ) is a real estate company focusing on the northern parts of Sweden and with a property value of approx. SEK 4 billion. NP3 Fastigheter is listed on Nasdaq Stockholm.

Davis Polk advised Bestgain Real Estate Lyra Limited, a wholly owned subsidiary of China Vanke Co., Ltd. (China Vanke), in connection with its renewal and update of a US$2 billion medium-term note program. The notes were guaranteed by China Vanke's wholly owned subsidiary Vanke Real Estate (Hong Kong) Company Limited and supported by a keepwell deed and an equity purchase undertaking from China Vanke.  

Warburg-HIH Invest sells shopping center to Semper Constantia for EUR 32 million

Herbert Smith Freehills has advised Lend Lease and HOSTPLUS on a A$1.4 billion repricing of the Sydney International Convention Exhibition and Entertainment Precinct (SICEEP) public-private partnership (PPP).

Completed this week, the repricing and amendment of financing facilities marks the first time an Australian PPP has been successfully refinanced while still in the construction phase.

The  repricing allowed equity investors Lend Lease and HOSTPLUS to take advantage of improved PPP lending market conditions and was initiated and led by Capella Capital.

Norton Rose Fulbright has advised Renhe Commercial Holdings Company Limited on its HK$6.5 billion acquisition of an agricultural produce markets business in the People’s Republic of China.

Renhe Commercial Holdings Company Limited is a major developer and operator of underground malls in large and mid-sized cities across China, and is listed on the main board of the Hong Kong Stock Exchange.