Cleary Gottlieb is representing Tikehau Capital in the conclusion of an exclusive negotiation agreement, for the acquisition of Sofidy from its historic family shareholders.
The transaction will allow Tikehau Capital to strengthen its presence in the real estate asset management market and thus improve the Group’s business mix.
Davis Polk is advising Affine R.E. in connection with its contemplated combination with Société de la Tour Eiffel (“STE”) to create a large French property company with a portfolio exceeding €1.7 billion and a market capitalization of approximately €750 million.
Generali Real Estate has acquired the prime high-street property Købmagergade 39 from a private investor. The property spreads over a total surface of 1.700 sqm.
The transaction marks the first direct asset acquisition ever closed by the company in the Nordics real estate market. The property was built in 1780 and has recently been fully refurbished, and the retail area is fully let to Beauty by Boozt.
Orrick Paris advised Principal Real Estate in acquiring the 8,100-square-meter Silly 1 building, located at 161 Rue de Silly in Boulogne-Billancourt, near Paris. Principal Real Estate acquired the property on behalf of one of its German funds to SCPI Ufifrance Immobilier, managed by Primonial REIM.
The nine-story office building has been occupied since 1992 by the French subsidiary of the German group Henkel.
Sarah Fleury led our team, with assistance from Anne-Sophie Kerfant and Margaux Azoulay on tax aspects.
Macfarlanes has acted for long-standing client Realstar Group, a Canadian real estate investment company, on two financing deals for BTR (build to rent) developments in Wembley and New Cross, London.
Macfarlanes advised on a £55m development facility to assist an affiliate of Realstar in financing the £100m construction of the Chesterfield House development in Wembley. This project will be formed of two BTR towers containing a mix of 239 apartments, retail space, a public square and a community centre.
International law firm Berwin Leighton Paisner (BLP) has advised Select Group on the acquisition of the ‘niu Air’ hotel in Frankfurt, from GBI AG. The investment is Select Group’s first venture into the German market.
The niu Air Hotel is currently under construction and will house 344 rooms in Leonardo-da-Vinci-Allee, near the Rebstockpark district, in the vicinity of the Messe Frankfurt exhibition grounds. The hotel is to be completed in the fourth quarter of 2019.
King & Spalding advises Tishman Speyer Investment Management GmbH on the acquisition of the office tower "Bürohaus an der Alten Oper" in Frankfurt from Mann Unternehmensgruppe.
The Firm represented IndoSpace in connection with the formation of a long-term strategic partnership with GLP, a leading global provider of modern logistics facilities and technology-led solutions. GLP will partner with IndoSpace and also co-invest in IndoSpace's managed investment vehicles. The partnership enables IndoSpace to leverage GLP's fund management, development and operational expertise and resources, as well as GLP's extensive global customer network, to further strengthen IndoSpace's leadership position in India.
King & Wood Mallesons (KWM) advised Shanghai Lingang Economic Development (Group) Co., Ltd. (Shanghai Lingang) as its international and PRC counsel on the debut issuance of its USD 300 million 4.625% guaranteed notes due 2021.
International law firm Ashurst advised Octopus Investments Limited ("Octopus") on the disposal of its portfolio of 15 PV assets backed by renewable obligation certificates to a special purpose vehicle, Renewable Energy Income Partnership II, which is a new fund vehicle also managed by Octopus.
The disposal was funded through a combination of equity and debt provided by Korea Investment & Securities. Octopus raised £107 million in total which was used for the acquisition.