International law firm Berwin Leighton Paisner* (BLP) has advised Hines on the acquisition of the future headquarters of online retailer Zalando in Berlin-Friedrichshain
The corporate team from national law firm Shoosmiths has advised its client Coppergreen, a major UK holiday park developer, on the purchase of two new properties - an existing park in Lincolnshire and a brand-new development in Nottinghamshire.
Coppergreen has acquired Kenwick Park Hotel and Spa and Lodge Park, as well as the Clumber Park site in Nottinghamshire, which has planning permission for 129 lodges and a host of other new facilities.
Ashurst advised EQT Real Estate (EQT) on the acquisition and the financing of the "Allee-Center" shopping centre in the German city of Leipzig from Investa Capital Management. The centre, which is located on Ludwigsburger Strasse in the city's Grünau district, covers an area of almost 40,000 square meters. Its largest single tenants are Rewe, Saturn and Aldi. EQT intends, together with center manager ECE, to continue to work on the stabilisation of the property. EQT entered the German real estate business about two years ago and was initially primarily focused on office real estate.
International law firm Proskauer was proud to represent funds managed and advised by BlueBay Asset Management in the €135 million financing provided to DADA, one of the leading names in the European domain and hosting segment.
DADA is a pan-European online hosting business headquartered in Florence, Italy and it is majority owned by Hg Capital. Hg acquired a majority interest in DADA in October 2017 and bought out the remaining shares by way of a tender offer in February 2018. The debt financing was provided by BlueBay by way of an Italian mini-bond.
Loyens & Loeff advised HighBrook on its acquisition of an 86% interest in Groothandelsgebouwen N.V., listed at Euronext Amsterdam, and the Groothandelsgebouw, the biggest multi-company office building in the Netherlands.
Contacts
Bastiaan Cornelisse
Michel van Agt
Paulien van der Does Vos
Wilfred Groen
Melanie Wispelweij-de Ruijter
Kim Koops
Gianluca Kreuze
Law firm Stephenson Harwood LLP has advised Grit Real Estate Income Group Limited (Grit) on its London IPO.
Grit – which has assets in seven African countries – was already listed on the Johannesburg Stock Exchange and Stock Exchange of Mauritius. Following the London IPO, Grit is now also listed on the Official List of the UK Listing Authority and its shares are traded on the main market of the London Stock Exchange (LSE). Grit is the only Mauritian company currently listed on the LSE.
Osborne Clarke with a team led by partner Umberto Piattelli with associate Giulia Basile advised on the procedure to obtain the CONSOB licence for the creation of the new equity crowdfunding platform, Concrete Investing. Osborne Clarke will also advise of all the associated compliance procedures.
Ashurst has advised leading Australian property group, Mirvac Group ('Mirvac') on the seed fundraising and establishment of the Australian Build-to-Rent Club ('ABTRC'), with the Clean Energy Finance Corporation ('CEFC') as a key cornerstone investor.
The ABTRC is Mirvac's first Build-to-Rent Club that will offer the opportunity to invest in purpose-built build-to-rent assets in the Australian market.
Eversheds Sutherland advises on Force India Formula One Team administration
Eversheds Sutherland has acted for Brockstone Limited on its successful application to the High Court for the appointment of the administrators to Force India Formula One Team Limited.
Brockstone Limited, the services company representing Force India driver, Sergio Pérez, made the administration application in order to protect the jobs of 400 employees. The administration will also ensure a stable platform to find a buyer for the Silverstone-based team.
The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised KAEFER Isoliertechnik GmbH & Co. Kommanditgesellschaft ("KAEFER") on a new comprehensive group financing, comprising a Reg S/Rule 144A high yield bond of € 250 million and a super senior revolving credit and multicurrency revolving letter of guarantee facility of € 480 million. Both instruments are governed by German law and secured by guarantees and collateral of the issuer and its subsidiaries.