King & Spalding has advised BEOS AG on the sale of the special fund BEOS Corporate Real Estate Fund Germany I (CREFG I) which was set up as open-ended real estate specialized fund by Capital Investment Company IntReal and Asset Manager BEOS AG in 2010. The fund portfolio comprises 21 mixed-used commercial properties with lettable space of 565.000 square meters located at the top sites of Germany's most attractive regions.
Global law firm White & Case LLP has advised CTP, a leading commercial real estate developer and manager of business parks in Central & Eastern Europe, on the EU450 million sale of a Czech logistics portfolio to Deka Immobilien, the largest German institutional investor.
Group Nike has officially announced it will open its flagship store at 79, Avenue des Champs-Élysées, within an Art Deco-style building belonging to Groupama Immobilier.
At this new address, the American brand will develop its House of Innovation concept in a sales area covering 4,300 sq.m. and which will include labs to customise each model, digital experience areas, VIP spaces, private coaching by the world's best athletes, digital services to find a product or a size, and collect a product or have it delivered.
RTPR Allen & Overy has advised Ruukki Romania, a member of the Swedish group SSAB, in relation to the sale of its factory in Bolintin-Deal to Peikko Group Corporation, a Finnish company supplier of slim floor structures and connection technology for precast.
Ruukki is a producer of metallic roofing sheets for residential buildings and metallic solutions for commercial and industrial buildings. The factory near Bucharest which was built in 2007 has a total surface of 30,000 sqm and it also comprises a piece of land of 60,000 sqm.
Global law firm Clyde & Co has advised Grainger, the UK’s largest listed residential landlord, on its joint venture (JV) with a London borough council to build 300 homes for the private rented sector (PRS).
The partnership with Lewisham Council will provide up to 300 homes as well as a new GP surgery, pharmacy, office space and an outdoor gym at Besson Street in New Cross Gate.
The scheme will comprise 35% affordable homes let at "London Living Rent" and long-term tenancies for Lewisham residents.
Today, trading in Aros Bostadsutveckling AB’s (publ) (“Aros Bostad”) preference shares commenced on Nasdaq First North in Stockholm.
Aros Bostad is a real estate company specialized in residential properties. Aros Bostad’s business concept is to acquire, develop and/or convert commercial properties into residential properties.
Thanks to comprehensive legal advice by GSK Stockmann, Quantum Immobilien AG concluded two long-term lease agreements for 130,000 m2 with Deutsche Bahn AG.
International law firm Trowers & Hamlins has advised Karbon Homes, one of the North East’s largest housing providers, on their £250 million bond issue.
The firm advised Karbon on the structure and documentation of the issue, including carrying out full due diligence in order to provide certificates of title for over 1,000 properties.
Baker McKenzie recently advised Weave Co-Living on the US$181 million initial investment from US-based private equity firm Warburg Pincus. Warburg Pincus has the option to upsize its investment to US$431.5 million.
Weave Co-Living is Hong Kong's first institutional co-living rental accommodation platform founded last year by Sachin Doshi, the former Asia Pacific head of private real estate at APG Asset Management. The company’s first property, Weave on Boundary, opened in Hong Kong in August 2018.
International law firm Berwin Leighton Paisner* has advised industrial space developer Panattoni Europe on the development of a logistics property in Euskirchen, Germany, for backpack manufacturer FOND OF.