GSK Stockmann advised Art-Invest Real Estate for one of its office funds on the purchase of a multi-tenant office building in Frankfurt Ostend. The seller is Generali Real Estate S.p.A. acting on behalf of a Generali Group company. The parties agreed to keep the purchase price confidential.
GSK Stockmann comprehensively advised the project developers Art-Invest Real Estate and ACCUMULATA Real Estate on letting a total of over 11,500 m2 in the Munich neighborhood development “Die Macherei” (“the makery”) to the fitness group McFit Global and the pharmaceutical company MSD Sharp & Dohme.
King & Wood Mallesons’ (KWM) debt capital markets team in Hong Kong continues to maintain a robust track record in the high-yield space in 2019, having advised on a number of high-profile issuance with “first of the market” features and complex liability management components, by leading PRC companies, including most recently:
ENN Ecological
Development In Iconic Location To Go Ahead
National law firm Irwin Mitchell’s Banking and Finance and Construction departments have assisted developer Cole Waterhouse in securing a £55 million finance facility enabling it to build a 354 residential apartment scheme close to the home ground of Manchester United.
The funding was secured from Fortwell Capital and will enable the construction of the development with completion due in the first quarter of 2021.
Charles Russell Speechlys’ construction team has advised Derwent London on its £196m building contract with Laing O’Rourke for the development on top of Tottenham Court Road tube station.
The development, the biggest building contract Derwent London has placed to date, will comprise offices, retail units and a brand new theatre in a 285,000 sq. ft. development on the corner of Oxford Street and Charing Cross Road, sitting above the new Crossrail station at Tottenham Court Road.
HONG KONG—FEBRUARY 26, 2019—O’Melveny recently represented Dexin China Holdings Company Limited in its US$190 million initial public offering on the Main Board of the Hong Kong Stock Exchange (2019.HK).
CCB International Capital Limited is the sole sponsor and the sole global coordinator of the IPO. CCB International Capital Limited, BOCOM International Securities Limited and China Everbright Securities (HK) Limited are the joint bookrunners of the IPO.
Milbank LLP has advised the German office of Pemberton, the diversified asset manager, on the refinancing of the frostkrone Group and on the financing for the acquisition of the Rite Stuff Foods Group by frostkrone Group. For this purpose, Pemberton provides a Unitranche term facility. In addition, Berenberg is participating in the total financing with a super senior term facility and a revolving facility.
Leading commercial law firm Hill Dickinson has acted for Liverpool based developer Downing to secure backing for three major student accommodation schemes in Manchester, Coventry, and London.
Ashurst is advising longstanding client, Interserve plc, on its proposed deleveraging plan, which was formally announced on February 27th having been agreed with all of Interserve's lenders, bonding providers and pension trustee.