Herbert Smith Freehills has advised Abacus Property Group on the establishment of a joint venture with The Goldman Sachs Group, Inc.

The venture has exchanged contracts to acquire 201 Pacific Highway, part of the Forum complex located at the St Leonards railway station in Sydney. The consideration for the acquisition is A$115 million, with settlement planned for August.

Herbert Smith Freehills partner, Justin O’Farrell, led the team, assisted by senior associate, Laura Walsh.

Trowers & Hamlins is delighted to have advised Valleys to Coast Housing, known as V2C, on a £25 million private placement with a single UK investor.

V2C provides affordable homes to rent and buy across the County Borough of Bridgend.  In 2003, the not-for-profit housing association was the first ever to undertake a large-scale voluntary transfer of local authority homes in Wales.

Noerr has advised Deutsche Annington Immobilien SE on the agreement of a takeover of the SÜDEWO Group. With some 19,800 flats, SÜDEWO is one of the largest portfolio holders in the state of Baden-Württemberg. The volume of the transaction is € 1.9 billion. Deutsche Annington was again advised by a Noerr team led by the Partners Prof. Dr. Alexander Goepfert and Dr. Holger Alfes.

Vinge advises Pandox Aktiebolag (publ) in relation to its listing on Nasdaq Stockholm. A prospectus was published on 8 June 2015 and the first day of trading on Nasdaq Stockholm was 18 June 2015. The price in the offering was set at SEK 106 per share, corresponding to a market value of all shares issued by Pandox of SEK 15,900 million. The total value of the offering amounts to SEK 6,360 million, assuming that the over-allotment option is exercised in full.

Rikshem and Ikano Bostad have jointly acquired the property where Telia’s headquarters are located in Farsta, Sweden, from RBS Nordisk Renting. The premises comprise approximately 100,000 square metres. Rikshem and Ikano Bostad plan to develop up to 3,000 homes on the property, of which one third will be rental units. Closing of the transaction will take place on 1 July and the start of construction is planned for 2017-2018.

Allen & Overy LLP advises alstria office REIT-AG in connection with its public takeover offer to the shareholders of DO Deutsche Office AG and on the conclusion of an agreement with funds managed by Oaktree Capital Management on the contribution of their stake of 60.54% in DO Deutsche Office AG to the transaction.

The property team at law firm Hill Dickinson has advised on the sale of four historic buildings in Manchester’s Albert Square.

Led by partner and Manchester property team head, Michael Blakey, Hill Dickinson advised The Wrather Group on the sale of a property portfolio worth £17m to London based investors, LJ Group.

Pinsent Masons has advised home builder Cairn Homes on its initial public offering (IPO) on the main market of the London Stock Exchange, raising €385 million and with an initial market capitalisation of €430 million.

Cairn is the first Irish homebuilder to list for more than 20 years and the funds raised will be used to fund development of several sites the company has acquired in Dublin and Galway and to acquire and develop further sites.

AXA Investment Managers Deutschland GmbH (AXA) acquired the "Twenty 8" office building in downtown Munich. A team led by Dr. Peter Zimmermann, partner at the Düsseldorf office of commercial law firm Heuking Kühn Lüer Wojtek, advised AXA on contract design, contract negotiations, and on the transaction. The property was previously part of Deka fund "Westinvest Interselect."

Charles Russell Speechlys recently teamed with Ward Yates to advise Lum Chang Holdings on its £52.6m corporate acquisition of 130 Wood Street, in the City of London, from Land Securities.

This is the second deal Charles Russell Speechlys and Ward Yates have undertaken for the Singapore listed construction and development conglomerate this year, having advised Lum Chang on the sale of 42-60 Kensington High Street - retail, residential and office accommodation totalling 88,000 sq ft - to Urban Retail V in February.