International law firm Olswang has advised Quintain Estates & Development plc, the London property development and investment specialist listed on the main market of the London Stock Exchange, on its corporate and real estate sale of a portfolio of real estate assets to Palace Capital plc, a company listed on the AIM market of the London Stock Exchange.  The transaction was valued at £39,050,000 and constituted a reverse takeover for Palace.

Dentons' real estate team has advised on the sale of a portfolio of shopping galleries in Poland. The team led by Real Estate Partner Pawel Debowski advised Charter Hall Group on the sale to Tristan Capital Partners of the portfolio of five shop  ping galleries in Poland: “Park Handlowy Zakopianka” in Cracov, “Centrum Handlowe Borek” in Wroclaw, “Galeria Handlowa Turzyn” in Szczecin, “Centrum Handlowe Dabrowka” in Katowice and “Park Handlowy Arena” in Gliwice.

The acquisition is one of the largest transactions in Poland this year.

Slaughter and May advised Grosvenor Britain and Ireland (Grosvenor) on the acquisition of 8.2 acres of land from Workspace Group PLC (Workspace) at the Tower Bridge Business Complex in Bermondsey, Southwark for £51million. Planning consent has been granted for the construction of 800 new homes, affordable housing and a new public park on the site.

Paul Hastings LLP, announced that it represented Infinity World Development Corp., a wholly owned subsidiary of Dubai World, in connection with a successful $1.78 billion refinancing package for CityCenter Holdings, LLC, a 50/50 joint venture of Infinity World and MGM Resorts International.

The refinancing of CityCenter Holdings LLC consists of a $1.7 billion term loan that matures in 2020, as well as a $75 million revolving credit facility that comes due in 2018.

Ashurst has advised Chalegrove Properties on its proposals for the redevelopment of the City Pride Public House and Island Point sites on the Isle of Dogs. The London Borough of Tower Hamlets issued planning permissions on 10 October 2013 for both sites, following completion of two section 106 agreements.

DLA Piper has acted for Greenland Holdings of China in the purchase of a stake in the Brooklyn Atlantic Yards project, the largest commercial real estate development in the US to get direct backing from a Chinese company.

Paul Hastings has announced that it represented Vista Land & Lifescapes, Inc. (“Vista Land”), the largest homebuilder in the Philippines, on its issuance of US$100 million 6.75% guaranteed notes due 2018 (the “Notes”).

UBS AG, CLSA Limited and The Hongkong and Shanghai Banking Corporation Limited were Joint Lead Managers and Joint Bookrunners. BDO Capital &
Investment Corporation was the Domestic Lead Manager.

The proceeds of the Notes will be used to partially finance Vista Land’s capital expenditures and for general corporate purposes.

SEGRO has announced the creation of a joint-venture in Continental Europe, named Segro European Logistics Partnership (SELP), valued at approximately one billion euros.

As part of this joint venture, several logistic warehouses have been contributed by SEGRO in France and in Continental Europe.

Ashurst advised Warburg-Henderson Kapitalanlagegesellschaft für Immobilien mbH ("Warburg-Henderson"), represented by HIH Hamburgische Immobilien Handlung GmbH ("HIH"), on the acquisition of "Altezza" office building in Munich's Westend. Warburg-Henderson acquired the property for its special fund Warburg-Henderson Deutschland Top 5. Altezza was sold by CBRE European Office Fund for an undisclosed consideration.

Ashurst has advised project company, AquaSure Pty Ltd in relation to the successful refinancing of its debt financing facilities.  The proceeds of the refinancing were applied to repay AquaSure's senior and mezzanine debt arrangements totalling approximately A$3.7bn originally borrowed to fund the construction of a desalination plant being developed by AquaSure under a PPP arrangement with the State of Victoria.