Clifford Chance advised Morgan Stanley Real Estate Investment GmbH, Frankfurt am Main, on the sale of the office complex "Fleetrand" located in Hamburg.
The real property was sold by open-ended real estate investment fund "Morgan Stanley P2 Value" (under liquidation) to HIH Hamburgische Immobilien Handlung who acquired the real property for a special fund of Warburg-Henderson.
DLA Piper have represented Wereldhave on the sale of nearly its entire UK property portfolio in disposals for approximately £243,000,000.
A portfolio of London properties was sold to British Land, including the Ealing Broadway Shopping Centre, which was sold by way of a share disposal, and four retail and office properties located in Baker Street, Chiswick High Road, Putney High Street and Fulham Road. The transaction completed on 8th February.
Clifford Chance has advised long-standing client Canary Wharf Group Plc on the purchase of a 0.25 acre development site adjacent to the Limehouse Cut, Tower Hamlets.
The site on Burdett Road was acquired from Telereal Trillium and has planning consent for an 11-storey mixed-use development comprising 56 apartments, including affordable dwellings, together with commercial space at ground-floor level. It formerly housed a 1930s block vacated by the Department for Work and Pensions in 2006.
Allen & Overy advised affiliates of China Vanke Co., Ltd., the largest residential real estate developer in China, in its first investment in North America
Slaughter and May advised Pembroke Real Estate Inc. on the acquisition of the freehold of 1 Grafton Street, London W1, for an undisclosed sum.
DLA Piper has been advising the international property investment company Cordea Savills on the acquisition of Galeria Juliacum in Jülich, west of Cologne. The purchase was completed for the Cordea Savills German Retail Fund, which focuses on German retail trade properties. Seller of the property is a group of English private investors, with the purchase price amounting to some 12.5 million euros.
Clifford Chance has advised Hines on the £70m sale of One Grafton Street, a 35,000-square-foot building in Mayfair, to Pembroke Real Estate via a Luxembourg limited partnership vehicle. One Grafton Street is fully occupied, having secured its final letting to AXA Private Equity UK Limited in November 2012, and commands some of the highest rents in the West End in the current cycle.
International law firm Osborne Clarke has advised Welbeck Strategic Land in successfully defending a High Court challenge brought by Tewkesbury Borough Council in respect of a decision of the Secretary of State to grant planning permission for Welbeck’s site at Bishop’s Cleeve for 550 homes (including 30 retirement units and a high street). At the same time, the Secretary of State also granted planning permission for 450 homes on a neighbouring site and this decision was also challenged by Tewkesbury Borough Council.
Slaughter and May, working as an integrated team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, is advising the Countrywide Group on its intention to proceed with an initial public offering of its ordinary shares, as announced on 20 February 2013. Countrywide is the UK's leading integrated, full service residential estate agency and property services group as measured by both revenue and transaction volumes in 2012.
Le cabinet d'avocats international Clifford Chance a conseillé la Française REM dans le cadre du montage de leur fonds de dettes immobilières « senior ».