Dentons’ Berlin office has advised the Berlin-based BEOS AG on the acquisition of Dock 100 for a group of investors. Dock 100 is a project development located at Borsighafen in Berlin-Tegel. It has a total area of 80,300 square meters and a rentable area of approximately 91,450 square meters. The historic property is used as a technology, commercial, manufacturing and logistics park and is partly protected as a listed historic monument. Amongst others, Dock 100 is home to the manufacturing facilities of PCS Power Converter Solutions, a company in the area of energy conversion.

Simmons & Simmons has advised investment manager Meyer Bergman on the acquisition and financing of the Karstadt Department Store at Berlin’s Hermannplatz from investment consortium Highstreet Holding.

The 90.000 m^2 building is one of the largest city-centre department stores in Germany and has been purchased by the Meyer Bergman managed Meyer Bergman European Retail Partners II fund. The store itself is adjoined by a multi-storey car park with space for 680 vehicles and integrates a block for office and residential use.

rwin Mitchell’s real estate team has advised Prestbury on the sale of a portfolio of care homes formerly operated by care home operator Southern Cross.
 

Trowers & Hamlinshave advised Your Housing Group, as part of the Sapphire consortium, in its successful bid to become the preferred bidder in a £100 million extra care project in Stoke-on-Trent.

On 20 December 2013, Stoke-on-Trent City Council appointed Sapphire – a consortium comprising Eric Wright Group, Your Housing Group, Kajima Partnerships Limited and Seddon Construction – to build and maintain 390 extra care apartments in a £100 million project, the biggest scheme of its kind to ever be developed in Stoke-on-Trent.

Global law firm Eversheds advised New World China Land Limited (NWCL) on its acquisition of Penta Hotel Holdings Ltd for approximately €13.5 million.

NWCL is one of the leading large-scale national developers in Mainland China with total assets of HK$117.8 billion, its projects span over 25 large cities or major transportation hubs.

Penta Hotel Holdings Ltd manages a total of 24 Pentahotels across Germany, the United Kingdom, Belgium, Czech Republic and Austria.

Cravath represented Toll Brothers in connection with its US$600 million registered debt offering and its US$230 million registered common stock offering. Toll Brothers designs, builds, markets and arranges financing for detached and attached homes in luxury residential communities. The debt offering closed on November 21, 2013 and the equity offering closed on November 14, 2013.

The Cravath team included partners Kris F. Heinzelman and Joseph D. Zavaglia and associates Michael E. Mariani, Benjamin G. Joseloff and Thomas K. Wiesner III.

Lawrence Graham's investment funds team has acted on the issue of zero dividend preference shares ("ZDPs") by The Conygar Investment Company PLC ("Conygar") and Vinaland Limited ("Vinaland").  In each case the issues involved the formation of a new wholly owned subsidiary of the client (that issued the ZDPs) and the publication of a prospectus by the subsidiary in conjunction with the admission of the ZDPs to the Official List (by way of a standard listing) of the London Stock Exchange.

Clifford Chance has advised GIC, Singapore's sovereign wealth fund, on both the purchase of a 50% interest in the Broadgate Estate from Blackstone Real Estate Partners Europe III and Blackstone Real Estate Partners VI and on GIC's 50:50 joint venture with British Land to enable the future development of the Estate.

International law firm Taylor Wessing has acted for its client Wainbridge, in connection with the purchase of 11-15 Grosvenor Crescent, SW1, from The Grosvenor Estate. The £350m scheme will comprise eleven super-prime apartments with external terraces overlooking Belgravia, with associated parking and leisure amenities.

Taylor Wessing advised on the acquisition, as well as the related acquisition and development debt funding provided by Urban Exposure and Letter One. This represents Letter One's first financing in the European real estate lending market. 

Burges Salmon have acted for The Crown Estate on the sale of Honda's biggest storage depot in Cabot Park, Avonmouth to the BlackRock UK Property Fund and Canmoor for £31m.

Led by senior associate Matthew Sims, the firm’s Real Estate team acted for The Crown Estate on the sale, which formed part of its announcement of £130 million of property transactions that also included a commitment to fund the development of the £80 million Banbury Gateway fashion park and the sale of Zenith Industrial Estate in Basildon for £19 million.