Sidley advised Kaisa Property Holdings Limited (HKEX: 2168) as the issuer’s Hong Kong counsel in its approximately HK$259 million (approximately US$33 million) global offering on the Main Board of the Hong Kong Stock Exchange.

Kaisa Property Holdings Limited is one of the leading comprehensive property management service providers in China focusing on mid- to high-end properties, in particular in the Guangdong-Hong Kong-Macau Bay Area and Yangtze River Delta.

The Firm is representing KKR in connection with its investment of up to S$500 million for a significant stake in V3 Group Limited (“V3”), representing an enterprise value of approximately S$1.7 billion. Headquartered in Singapore, V3 is a leading Asian luxury group that creates, develops and owns brands in the lifestyle, wellness and specialist fixtures markets. Its brands include OSIM, TWG Tea and ONI (GNC, LAC, Xndo). V3 has a presence in over 100 cities in 26 countries around the world.

DLA Piper has advised US asset manager H.I.G. Capital on its acquisition of the BollAnts Spa im Park in Bad Sobernheim, in the federal state of Rhineland Palatinate, completed with Hamilton Hotel Investors. The two parties involved have agreed the purchase price will remain undisclosed.

The property is the only four-star luxury hotel in the Nahe region, and comprises of more than 105 rooms in addition to a 3,500-square-metre health and beauty area. It will be operated by Hamilton Hotel Partners, a subsidiary of Hamilton Hotel Investors.

DLA Piper has advised Gazeley on the development of a logistics property in Epfendorf near Rottweil in Germany. 28,800 square meters of hall space, 3,000 square meters of mezzanine space and almost 450 square meters of office space will be created on the 58,000 square meter site. The project development on the A 81 motorway, 70 km south of Stuttgart, is the largest logistics area in Stuttgart and is scheduled for completion in May 2019.

Australia’s leading independent law firm, Corrs Chambers Westgarth, is advising ESR on its A$723 million off-market takeover bid for ASX-listed Propertylink Group.

ESR’s cash takeover offer recently opened for acceptance by Propertylink security holders, following entry into a bid implementation agreement by ESR and Propertylink in mid-November. At the time of making the takeover offer, ESR held at 19.89% stake in Propertylink, which it acquired as part of a series of market raids that Corrs also advised on in 2017.