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Real Estate & Construction

Osborne Clarke advises CoStar Group on acquisition of Realla, the UK's largest commercial property marketplace

16 Oct 2018

International legal practice Osborne Clarke has advised the leading global provider of commercial real estate information, analytics and online marketplaces, CoStar Group, on its acquisition of Realla, the UK’s largest public portal specialised in commercial property.

Over the past five years CoStar Group has invested billions of dollars into building the world’s leading online property marketplaces, generating hundreds of millions of leads resulting in millions of successful commercial property transactions for its clients.

Greenberg Traurig advised CA Immo on the acquisition of Warsaw Spire Building C

15 Oct 2018

Lawyers from the Greenberg Traurig Warsaw office advised CA Immo in connection with the acquisition of Warsaw Spire Building C for ca. EUR 100 million.

The transaction was carried out as a share deal.

The Greenberg Traurig transaction team was led by Partner Radomil Charzynski, supported by Associates: Kamil Majewski, Michal Niecko, Samanta Wenda-Uszynska, Karolina Woronko, Oliwia Hutnik, and Filip Widuch. Senior Associate Pawel Jaskiewicz was responsible for all financing aspects of the transaction.

Gide, counsel in Audacia's acquisition of a stake in Sharies

15 Oct 2018

Audacia, a reference investor in the real and productive economy, has just announced it has acquired a strategic minority stake in the share capital of Sharies, a start-up that specialises in designing and operating Coliving spaces. Set up in March 2017 by Julien Morville and Augustin Midon, Sharies reinvents the living experience by way of a hybrid homes concept dedicated to sharing and living together.

Real Estate Team Advises on the Development of One of Spain’s Largest Retail Parks

15 Oct 2018

Squire Patton Boggs in Madrid has advised Lar España Estate Socimi on the development of Spain’s largest retail park, Vidanova Parc, located in Sagunto, Valencia. The team advised on the acquisition of land, planning matters, development and construction agreements, as well as on the negotiation of all of the tenant leasing agreements. The total investment in this project has exceeded €60 million.

Clifford Chance advises joint venture between Helical plc and Healthcare of Ontario Pension Plan on hat-trick of lettings at Creechurch Place, London

15 Oct 2018

Clifford Chance has acted for the joint venture between Helical plc and Healthcare of Ontario Pension Plan (HOOPP) in relation to a trio of recent lettings at One Creechurch Place in the City of London to Softcat plc, West of England Ship Owners Mutual Insurance Company and Dell Corporation. The 272,500 square foot building, which is located in the heart of the City of London's insurance and financial district, is now close to being fully let with only one floor remaining.

Two Real Estate Companies IPO in Hong Kong on Same Day

12 Oct 2018

Beijing and Hong Kong – Paul Hastings LLP, a leading global law firm, announced that the firm has acted in connection with two Hong Kong IPO transactions, with both companies listing today. The firm is advising Midea Real Estate Holding Limited (“Midea Real Estate”) on its US$392 million global offering and IPO on the Hong Kong Stock Exchange, and DaFa Properties Group Limited (“DaFa Properties”) on its US$107 million global offering and Hong Kong IPO.

SCPG, Vanke, and Triwater Form Partnership to Acquire Chinese Real Estate Portfolio from CapitaLand for US$1.33 Billion

11 Oct 2018

Hong Kong & Beijing – Paul Hastings LLP, a leading global law firm, announced today that the firm has represented SCPG Holdings Co., Ltd, a leading shopping mall owner, developer and operator in China; China Vanke Co., Ltd., a leading urban and rural construction and residential service provider; and Triwater Asset Management Holdings Limited, an affiliate of leading Chinese private equity firm HOPU Investment, in the formation of an offshore consortium for the purpose of acquiring a large-scale Chinese real estate portfolio from CapitaLand Mall Asia Limited, a wholly owned subsid

MinterEllison acts for Hometown in $942 million off market takeover bid for Gateway Lifestyle

11 Oct 2018

MinterEllison has acted for Hometown Australia Holdings Pty Ltd (Hometown Australia) and Hometown America Holdings, L.L.C. (Hometown America) on the $942 million enterprise value off market takeover bid for Gateway Lifestyle Group (Gateway, ASX: GTY).

Hometown Australia is wholly owned by Hometown America, an operator of residential land lease communities in the United States. Founded in 1997, it currently owns over 60 communities with more than 24,000 homes across the United States. It entered the Australian market in 2017.

Ashurst advises GEG German Estate on the acquisition of 'Garden Tower' in the Frankfurt banking district

11 Oct 2018

Ashurst has advised the investment manager GEG German Estate on the acquisition of the 'Garden Tower' located in the Frankfurt banking district by way of share deal. According to media reports the purchase price was approximately €275m. The seller was Tristan funds Curzon Capital Partners, who had acquired the building for €175m three years ago.

Ashurst advises RFR Holding on the acquisition of the office complex 'Rosenthaler Höfe' in Berlin

11 Oct 2018

Ashurst has advised RFR Holding GmbH on the acquisition of the office complex 'Rosenthaler Höfe' in Berlin-Mitte from DIC Asset AG. The building was part of the starting portfolio of the specialized real estate fund DIC Office Balance I, which was established in 2010. The exact purchase price was not disclosed but the transaction value was in the three-digit million range. The office building with more than 13,000 square meters of rental space is fully let to the global leader in enterprise software SAP. Ashurst has repeatedly advised RFR.