Clifford Chance has advised METRO Properties, Düsseldorf, the real estate company of METRO Group, on the sale of parts of METRO headquarters to IVG Institutional Funds GmbH. The parties have agreed not to disclose the purchase price.

The headquarters, the so-called METRO Campus, is located in Düsseldorf's district of Grafenberg. The area sold consists of a total of seven buildings with approx. 75,500 sqm leased space and is rented out to METRO group under a long-term sale and lease back contract.

Simpson Thacher Represents Blackstone Real Estate Partners VII in Connection with the Acquisition of a 95% Interest in Park Avenue Tower

Beijing - Paul Hastings, a leading global firm, announced today that the firm represented Forterra Trust in the financing of the Huai Hai Mall. Forterra Trust is a Singapore-based business trust listed on the Singapore Exchange Securities Trading Limited focused on owning, managing and developing commercial real estate in China.

Located in the heart of the Shanghai’s Central Business District, the Huai Hai Mall, is situated in one the city’s prime luxury retailing precincts.

Clifford Chance has advised BNP Paribas REIM Germany on the acquisition of a junior loan tranche in the amount of EUR 24 million. The acquisition took place through a real estate debt fund that is managed by BNP Paribas REIM Germany.

The total loan of EUR 74 million had been granted by Düsseldorfer Hypothekenbank AG at the beginning of this year. It has a five-year term and refinances five logistics properties in several locations in the Netherlands.

Clifford Chance has advised the special servicer, Hatfield Philips International, on a restructuring of a EUR 225m real estate loan which was originally granted in 2005 by ABN AMRO to a group of German companies for the acquisition of commercial real estate properties throughout Germany and was subsequently securitized through a CMBS issued by Talisman-6 Finance P.L.C.

Dentons’ real estate team advised Hines Poland Sustainable Income Fund (HPSIF) on its first transaction: acquisition of the Ambassador office building in Warsaw from Kronos Real Estate.

This class A 11-floor building located in the rapidly developing business district of Mokotów, was constructed in March 2013 and was the first completed investment of Kronos in Poland.  The building offers 14,900 sq.m. of office space and 1,000 sq.m. of retail space. It is currently undergoing BREEAM assessment.

Herbert Smith Freehills has advised the Wellington Gateway Partnership consortium (WGP) on its successful bid for New Zealand’s largest ever Public Private Partnership (PPP), the availability based NZ$1 billion Transmission Gully Motorway.

WGP will finance, design and construct the project and then operate and maintain the 27km Transmission Gully Motorway for a 25 year period following completion of construction. The project is New Zealand’s first state highway to be delivered as a PPP. WGP aims to have the Transmission Gully highway open for traffic by 2020.

International law firm, Osborne Clarke has advised M&G Real Estate on a £45m investment into Hub Residential's Victoria Square Scheme in North Acton.

The scheme will create 125 new flats across two 16-storey towers and an inter-connecting four-storey block.

This is the first time that Osborne Clarke has advised M&G since it won a spot on the specialist investor's legal panel earlier in the year.

Rajindh Mangat led the Osborne Clarke team. He was assisted by Tracey Wright on tax and Philip Davies on construction.

The highly rated Investment Funds team at Wragge Lawrence Graham & Co has over the past three months acted on seven high-profile transactions that have raised over £700 million in aggregate.

In May 2014 the team acted for existing client GCP Student Living PLC on its Open Offer, Placing and Offer for Subscription which raised £42 million.

Slaughter and May is advising ARCADIS N.V (ARCADIS) on a recommended cash offer for the acquisition of Hyder Consulting PLC (Hyder) which values Hyder at approximately £256.2 million. ARCADIS UK Investment B.V. (AUK Investments), a wholly owned subsidiary of ARCADIS, will acquire the entire issued and to be issued ordinary share capital of Hyder.