Eversheds has advised Carillion on its £800m landmark partnership with Sunderland City Council, which will secure regeneration activity within Sunderland and the wider North East region.
Carillion, in consortium with Igloo Regeneration, has entered into a 20 year partnership with Sunderland City Council to deliver the £800m regeneration programme.
Castren & Snellman acted as counsel in a finance arrangement where Sponda Plc signed a 5-year loan agreement for EUR 100 million with Swedbank AB (publ), Finnish Branch. The loan is unsecured. The C&S team included Partner Tero Tuomisto and Associate Aleksi Pekkala.
Eversheds has advised SEGRO on the sale of its portfolio of six logistics properties and a smaller regional warehouse to Logicor, Blackstone’s European logistics platform, for £153.3m.
The 2m sq ft portfolio comprises logistics warehouses formerly part of the Logistics Property Partnership joint venture located in Bardon, Bicester, Maidstone, Sheffield, and Swindon, and a smaller warehouse in Norfolk purchased by SEGRO as part of a portfolio transaction in July 2014.
Freshfields Bruckhaus Deringer has advised Invesco on its minority stake investment in the Generator Hostel Group.
The stake, which represents 23% of the business, is the inaugural investment for Invesco’s second opportunistic strategy, which is focussed on real estate related investments in both the US and Europe and is co-managed by Invesco Real Estate, WL Ross & Co, and Invesco fixed income.
Kungsleden divests 65 per cent of Nordic Modular Group to Inter IKEA Investments with a sales price equal to a valuation of the entire company of SEK 1.3 billion. The transaction is subject to approval by the Swedish Competition Authority and is expected to close in January 2015.
Clifford Chance advised Atrium European Real Estate Limited on the acquisition of a property company holding the AFI Palac Pardubice shopping centre in the regional capital city of Pardubice in the Czech Republic.
Clifford Chance's role was to advise the buyer on the acquisition transaction which is in line with Atrium’s strategy to buy prime income-producing shopping centres in the Czech Republic, Slovakia and Poland. As a result of the AFI Palac deal, now almost 20 percent of Atrium’s total income-producing assets are located in the Czech Republic.
DLA Piper has advised Sigma Capital Group Plc, the residential and urban regeneration specialist, on its strategic partnership with the UK's largest listed residential property owner and manager, Grainger, creating a vast Private Rental Sector (“PRS”) portfolio across a number of key cities outside London.
This is the largest UK PRS deal aimed at the development and letting of upwards of 9,000 private rented units over the next five-six years with a envisaged total investment of over £1bn.
Kungsleden AB (publ) has implemented a rights issue of SEK 1.6 billion with pre-emptive rights for the shareholders.
Kungsleden is a Swedish real property company, listed on NASDAQ Stockholm since 1999, with a real property portfolio consisting of commercial properties and modular buildings.
Kungsleden has been advised by Mannheimer Swartling on the rights issue. The firm’s team primarily included Eva Hägg, Nils Nostell, Mirka Ylinen Gorne and Louise Sannebrink.
The Real Estate legal team at Gide advised P3, a specialist owner, developer and manager of European logistics properties, on an investment involving the creation of a production and storage facility for the furniture company Sofa.com in P3 Park Poznan. The building was opened on 1 September.
Gide represented P3 in the lease negotiations for production and storage space in P3 Park Poznan with British furniture dealer Sofa.com, operating in Poland through their subsidiary Zaparoh, as well as in negotiations with the general contractor, Goldbeck.
Allens has advised Places Victoria, the Victorian Government's property development agency, on its sale of two residential growth corridor development sites for a combined $180 million.
Places Victoria sold the Aurora development site in Epping North to Lend Lease and the Aspect/Officer development site in Officer to Satterley Property Group.
These sites, in Melbourne's outskirts, will be developed by the respective purchasers, with Places Victoria developing the adjoining town centres.