Wragge Lawrence Graham & Co's Investment Funds team has advised AEW UK REIT Plc (AEW UK REIT) on a fundraising worth £100 million.
The fundraising is in conjunction with its shares being admitted to the premium listing segment of the Official List and to trading on the London Stock Exchange's main market for listed securities.
Osborne Clarke, Giovanardi e Associati, Jones Day, DLA Piper, Pirola Pennuto Zei & Associati and Tremonti Vitali Romagnoli Piccardi in the transaction valued at 122 million Euro that marks the entry of the funds managed by Tristan Capital Partners onto the Italian market.
Mayer Brown has advised AEW Europe, a leading European real estate investment manager, on the acquisition of 24-28 Martin Lane in London on behalf of its Europe Value Investors Fund (EVI) for approximately £24 million.
The 32,000 sq ft refurbished office building in the City of London was acquired off market from Trinova Real Estate, the property investment and asset management business, which sold it on behalf of a high net worth investor.
The office building is 100 percent let to tenants, who include Business Wire, WH Ireland and The Law Society.
Ashurst advised RFR Holding GmbH ("RFR") on the acquisition of a business building in Berlin. The property, located on Kurfürstendamm 28, was sold by special fund manager aik for an undisclosed price.
Built in 1892, the property has a rentable space of approximately 3,600 sqm with Deutsche Bank being the main tenant of the retail space. The purchase is RFR's fourth on Kurfürstendamm, with other holdings on the street that include the Upper West highrise and Kurfürstendamm 224 and 188/189.
A team from Fieldfisher lead by partner Graeme Nuttall OBE has advised Laurus Development Limited ("Laurus Development") on the adoption of the employee-ownership business model. Laurus Development, which emerged from a former joint venture between five Probation Trusts in the North West of England, provides qualification and learning programmes for the justice sector. Laurus Development was the first such public probation sector body in the UK to move into the private sector and is believed to be the first to introduce employee-ownership.
DLA Piper has advised Hawkins Group Limited as part of the Future Schools Partners (FSP) consortium, which has won the contract to compete the New Zealand Schools II Public Private Partnership (PPP).
FSP also includes Morrison & Co’s Public Infrastructure Partners fund (PIP Fund) which is providing equity, Programmed Facility Management, who are providing facility management and ASC Architects, who is leading the design team. Hawkins Group will design and construct the new facilities.
Altus Group Limited (“Altus Group”) amended and expanded its revolving credit facility to increase its borrowing capacity from $159.7 million to $200 million (the “Facility”), which will further strengthen Altus Group’s growth strategy.
The co-leads for the Facility are Bank of Montreal and National Bank of Canada, and the syndicate includes HSBC Bank of Canada and the Toronto-Dominion Bank.
Headquartered in Canada, Altus Group is a leading provider of commercial real estate services, software and data solutions.
DLA Piper has advised Starhill Global Real Estate Investment Trust on their AU$288 million acquisition of the Myer Centre in Adelaide from ASX-listed Novion Property Group.
Located in the heart of the CBD and anchored by a newly refurbished Myer store, the Centre is Adelaide's largest shopping centre comprising over 60,000 square metres of retail space and 10,000 square metres of offices. The transaction is the largest retail property deal in Australia year-to-date and the second largest retail transaction ever for South Australia.
Setterwalls represented GSS Fastigheter AB in connection with the company's acquisition of Filmstaden from Aberdeen. The property Filmstaden 23 is situated at the underground station Näckrosen in Gamla Råsunda in Stockholm and hosts tenants such as e.g. Universal, Sony Pictures, SF Bio.
Setterwalls' team consisted of Assur Badur (responsible partner) and Nicole Hervidsson.
Shoosmiths has advised McKay Securities PLC, the only Real Estate Investment Trust specialising entirely in the South East and London office and industrial markets, on the £10.7m acquisition of a large freehold distribution facility.