Linklaters has advised Brookfield Property Partners on the acquisition and related financing of the entire interest in a portfolio owned by Unitech Corporate Parks and IDFC Limited. The portfolio comprises six IT and Special Economic Zones projects with two in Gurgaon, three in Noida and one in Kolkata. The purchase price for the portfolio was partly funded by a US$220,000,000 term loan facility by Brookfield and the onshore debt was refinanced following the acquisition.

publity AG, an asset manager with focus on German office properties, property financings in sometimes distressed situations and specialised in the development, launch, sales and management of investments has gone public on 2 April 2015. GSK Stockmann + Kollegen has comprehensively advised publity AG on the IPO executed under the Entry Standard of the Frankfurt Stock Exchange.

King & Wood Mallesons has acted on DEXUS Property Group’s (DEXUS) A$400 million institutional placement. The institutional placement is fully underwritten by Deutsche Bank AG, Sydney Branch and Goldman Sachs Australia Pty Ltd.

Following completion of the institutional placement, DEXUS will undertake a non-underwritten security purchase plan for eligible Securityholders in Australia and New Zealand.

Pinsent Masons has advised developer Arena Central Developments, a joint venture between Miller Developments and Pro Vinci Asset Management, on a landmark deal to develop new UK headquarters for HSBC.

HSBC will forward purchase the 210,000 sqft 2 Arena Central in Birmingham, which will be the Head Office of HSBCs new UK ring fenced bank serving personal and business customers. Ring fencing legislation comes into effect in the UK on 1 January 2019 and HSBC confirmed last month that it will create its ring-fenced bank head office in Birmingham.

Norton Rose Fulbright has advised its client ADLER Real Estate AG (“ADLER Real Estate”) on the issuance of a corporate bond with a nominal value of EUR 300 million. The New York law governed bond has a maturity of five years and a coupon of 4.75 percent at an issue price of 98.9059%. The proceeds will be used primarily to finance the cash component of ADLER Real Estate’s public takeover bid for Berlin-based WESTGRUND AG. Through this acquisition ADLER would become the fifth largest publicly listed residential real estate company in Germany.

Vinge has advised Platzer Fastigheter in connection with its acquisition of Gamlestadens Fabriker in Gothenburg from Aberdeen for SEK 750 million. The acquisition is part of Platzer Fastigheter’s investment strategy to increase its portfolio within Gamlestaden, which currently consists of approximately 100 000 sq.m. of lettable area and the same amount in future development volume.

Vinge’s team consisted of partner Olof Jisland and associate Mercedes Anderas.

Vinge has advised Platzer Fastigheter in connection with its disposal of five properties with an area of 19 300 sq.m. located in southern Högsbo to Kungsleden among others for SEK 178 million. The sale is part of Platxer Fastigheter’s ambition to concentrate its holdings to northern Högsbo.

Vinge’s team consisted of partner Olof Jisland and associate Mercedes Anderas.

Vinge has advised IKANO S.A. in connection with the sale of 51 per cent of Ikano Retail Centres to the IKEA group. Ikano Retail Centres owns, builds and develops shopping centres and retail parks together with Ikea in the Nordic Region. Ikano Retail Centres currently has five shopping centres in Sweden located in Linköping, Sundsvall, Västeras, Kungens Kurva as well as in Kuopio in Finland. Ikano Retail Centres also owns eight retail parks.

A team led by Dr. Thorsten Kuthe, partner at the Cologne office of commercial law firm Heuking Kühn Lüer Wojtek, advised SeniVita Social Estate AG and its large shareholder SeniVita Sozial gGmbH on establishing a joint venture with Ed.Züblin AG and the intended placement of a convertible bond at Frankfurt Stock Exchange in the total nominal amount of EUR 50 million. The securities prospectus was approved by the Federal Financial Services Supervisory Authority (BaFin).

Castellum and Heimstaden have completed a transaction involving property values worth SEK 2.4 billion, comprising 27 properties totalling 186,668 square metres in Norrköping, Linköping, Örebro and Solna, Sweden.