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Real Estate & Construction

CRH sells Benelux DIY retail business

23 Jul 2018

International law firm Simmons & Simmons has advised CRH plc, the global building materials group and a longstanding client of the firm, on the divestment of the complete DIY business in the Netherlands and Belgium, together with certain related property assets, to Intergamma (the Dutch DIY franchise organisation) and a US real estate investor for a total consideration of EU510m.

Blake Morgan advises Vail Williams on Hughes Ellard merger

20 Jul 2018

Leading law firm Blake Morgan has advised Vail Williams on its merger with Hughes Ellard to create the largest property advisory team in the Solent region.

Vail Williams is a longstanding client of Blake Morgan, and this latest merger increases Vail Williams’ property transactional team in the south to 50, while the firm's national team will expand to more than 160 across eight offices.

SAT Hands Victory to Como Hotel Developer and Puts Local Government and Main Roads Roles Under the Microscope

19 Jul 2018

In yet another step in the Como Hotel redevelopment saga, the State Administrative Tribunal has ruled in favour of ALH Group Property Holdings’ (ALH) application to extend the period in which its refurbishment and redevelopment is to be substantially commenced.

According to Squire Patton Boggs partner Margie Tannock, who represented ALH, this case has important findings and commentary for the development industry and specifically those involved in hospitality.

Background to the Dispute

Herbert Smith Freehills Real Estate team assists Mirvac to secure Suncorp as major tenant

19 Jul 2018

Herbert Smith Freehills’ real estate team has advised Mirvac in relation to an agreement for lease to secure one of Australia’s leading financial services groups, Suncorp, as the major tenant for its proposed office development at 80 Ann Street in Brisbane, Queensland.

The real estate team also assisted Mirvac with its fund through arrangements with the M&G Asia Property Fund who will hold a 50 per cent interest in 80 Ann Street.

Herbert Smith Freehills Real Estate team assists Mirvac to secure Suncorp as major tenant

19 Jul 2018

Herbert Smith Freehills’ real estate team has advised Mirvac in relation to an agreement for lease to secure one of Australia’s leading financial services groups, Suncorp, as the major tenant for its proposed office development at 80 Ann Street in Brisbane, Queensland.

The real estate team also assisted Mirvac with its fund through arrangements with the M&G Asia Property Fund who will hold a 50 per cent interest in 80 Ann Street.

DLA Piper advises Draper and Kramer and Intercontinental Real Estate Corporation in acquisition of Burnham Pointe

19 Jul 2018

DLA Piper represented Chicago-based Draper and Kramer, Inc., along with equity partner Intercontinental Real Estate Corporation, in the acquisition of Burnham Pointe, a 28-story, 298-unit rental building in Chicago's Printers Row neighborhood.