Delphi advisor in the sale of Svensk Järnvägsteknik AB
Delphi has been legal advisor to Svensk Järnvägsteknik AB in the sale of all shares in the company. The purchase price consisted partly of cash, partly of newly issued shares in NRC Group ASA.
Delphi has been legal advisor to Svensk Järnvägsteknik AB in the sale of all shares in the company. The purchase price consisted partly of cash, partly of newly issued shares in NRC Group ASA.
The building will house two hotels of the H2 and Ramada groups
Berlin - Global law firm Dentons has advised the project developer S&G Development GmbH on lease negotiations with H-Hotels for a hotel development at the central bus station in Leipzig. The project involves a 300-room hotel under the H-Hotel brand “H2” as well as a 200-room hotel under the “Ramada” brand. Both hotels are run by the H-Hotel group which concluded a 20 year lease agreement with S&G Development with an extension option. The hotels are split into two buildings.
DLA Piper represented an affiliate of Davis Marcus Partners in the US$345 million refinancing of its existing debt on a 400,000-square-foot medical and research building located at 185 Cambridge Street in Boston, adjacent to Massachussetts General Hospital. Davis Marcus Partners is a joint venture of The Davis Companies and Marcus Partners, two premier real estate investment, development and management firms.
Care Property Invest, a B-REIT specialised in Belgian healthcare properties, and listed on Euronext Brussels, successfully completed on 22 June 2015 a capital increase with irrevocable allocation rights for an amount of EUR 38 million.
Care Property Invest is the first public B-REIT to realise a capital increase using the special capital market technique of the “irrevocable allocation right”.
The Eubelius team advising Care Property Invest on this transaction was led by Lars Van Bever and Jan Lambertyn.
Houthoff Buruma advised a consortium consisting of, amongst others, Biesterbos, Reggeborgh and Het Fort on the € 76,25 million sale of a large Amsterdam based office building with an office space of 32.000 m² and 438 parking spots, to Israeli based investment company Zabar Group Investments and Menora Mivtachim. The building is currently leased to HEMA (headquarters), VNU and Multisafe Pay.
Houthoff Buruma team included: Lucas Louwerier, Paul Asselbergs, Peter Habraken, Henk Raven.
Allen & Overy LLP has advised CORESTATE Capital on the sale of a commercial real estate portfolio comprising six office buildings rented to Deutsche Telekom AG to DEMIRE Deutsche Mittelstand Real Estate AG by way of a share deal.
Volksbank Real Estate has sold several office buildings in Budapest to Convergen Central Europe Kft. International law firm Wolf Theiss advised on sell-side.
Volksbank Real Estate Services GmbH has successfully closed the sale of three well-known office buildings in Budapest, Hungary. The portfolio consists of the Danube center, the Kálvin center and Baross 52 with a combined gross rental area of 30.000 square meters – all three buildings fit into the buyers' strategy to invest into central located buildings in the CEE regions' major cities.
Wolf Theiss has advised PORR Bau GmbH, a wholly owned subsidiary of PORR AG, on the purchase of Bilfinger Infrastructure S.A. Closing is expected by year end subject to antitrust clearance.
The PORR Group is one of Austria’s largest construction companies and a leading participant in the sector throughout Europe. Bilfinger Infrastructure S.A employs around 800 staff and operates in the road and bridge construction, civil engineering and power plant construction sectors. In 2014 PORR generated construction output of around EUR 300m in Poland.
Implenia AG completed the placement of CHF 175 million 0.5% subordinated convertible bonds due 2022. The convertible bonds were issued at 100% of their principal amount and, unless previously redeemed, converted or repurchased and cancelled, will mature on 30 June 2022 at 100% of their principal amount. Credit Suisse AG and UBS AG acted as Joint Bookrunners and Zürcher Kantonalbank as Co-Lead Manager.
With a team led by Dr. Anne de Boer from its Stuttgart office, Heuking Kühn Lüer Wojtek advised Parkstadt Center S.A. and Parkstadt Hotel S.A. on issuing a bond of up to EUR 30 million for the continued financing of an existing real estate portfolio in the Munich district of Schwabing-Freimann.