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Real Estate & Construction

Baker & McKenzie advises The Link REIT on its acquisition of Corporate Avenue 1 & 2 from Shui On Land Limited for RMB 6,600.86 million

12 Aug 2015

Baker & McKenzie is advising The Link Real Estate Investment Trust ("The Link REIT”) on its acquisition of Corporate Avenue 1 & 2 in Shanghai, PRC, for RMB6,600.86 million from Shui On Land Limited.  Comprising two Premium Grade A office towers and a connecting retail podium and pavilion with street shops and carparks thereunder, this is The Link REIT's first acquistion of a mixed-use property (office and retail) in Mainland China.  Completion of the acquisition is expected to take place on 24 August 2015.

King & Wood Mallesons advises London Executive Offices on the letting of The Sugar Building

11 Aug 2015

King & Wood Mallesons has advised London Executive Offices (LEO), the capital’s most exclusive provider of luxury office accommodation and high quality serviced office space, on the letting of The Sugar Building, located next to St Paul's Cathedral, from Lord Sugar’s privately owned real estate vehicle, Amsprop.

CMS Poland advised Bluehouse Capital Advisor Ltd on the purchase of Malta House in Poznan

10 Aug 2015

CMS Poland acted as legal advisor to Bluehouse Capital Advisor Ltd in relation to the purchase of Malta House in Poznan from Skanska Property Poland. The scope of CMS’ work also involved advice on the structure of a joint venture and the financial aspects of the transaction.

Malta House - Skanska’s first office investment in Poznan - is a class A office complex located in close proximity to Lake Malta. The building - commissioned for use in July 2013 - offers 14,700 sqm of modern office space.

Macfarlanes advises Legal & General Property on the £99m acquisition of The Grafton Centre in Cambridge

07 Aug 2015

Macfarlanes has acted for the UK Property Income Fund II (“PIF II”) on the acquisition of The Grafton Centre in Cambridge.

The Grafton Centre was purchased from M&G Real Estate for £99m and comprises 500,000 sq ft of retail and leisure space, an eight-screen Vue cinema and a food court.

Hogan Lovells Advises M&G Real Estate on €175M Madrid Acquisition

06 Aug 2015

Hogan Lovells has advised long-standing client M&G Real Estate on the acquisition of 375,000 sq ft of office property space located on Calle Ríos Rosas in the central business district of Madrid for €175 million (£125 million). The transaction completed on Friday 24 July 2015.

The property will undergo substantial refurbishment following which it will be occupied by leading global marketing communications group WPP on a long term lease.

Dentons advises Crestyl on “Savarin Palace” acquisition in Prague

05 Aug 2015

Dentons’ Real Estate team acted as legal counsel to Crestyl on the acquisition of a company owning several buildings on Wenceslas Square, a prime location in Prague, for further development of a mixed-use (office and retail) property scheme.

Dentons’ Real Estate team acted as legal counsel to Crestyl on the acquisition of a company owning several buildings on Wenceslas Square, a prime location in Prague, for further development of a mixed-use (office and retail) property scheme. The project, also referred to as Savarin Palace, was sold by Ballymore Properties.

Clifford Chance advises on the sale of the "BrahmsQuartier" in Hamburg

04 Aug 2015

Clifford Chance advised Aug. Prien Immobilien and a fund company managed by The Carlyle Group on the sale of the "BrahmsQuartier" office development in Hamburg to Allianz Real Estate Germany GmbH. The parties have agreed not to disclose any details of the purchase price.

The "BrahmsQuartier", which was completed in 2009, includes office space of around 26,500 m², along with 2,900 m² of additional space and approximately 540 parking spaces. The main tenants are Exxon Mobil and a law firm.