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Real Estate & Construction

KWM paves the road for Hanson’s latest acquisition

06 Feb 2018

King & Wood Mallesons (KWM) acted for Hanson Australia on its acquisition of Australia-based recycling and asphalt business Alex Fraser Group.

Alex Fraser offers a network of facilities across Melbourne and Brisbane, and was listed for sale in 2017 by UK-based Swire Group.

The KWM team was led by Sydney based Mergers & Acquisitions Partner Adrian Perkins, supported by Senior Associate James Slimnicanovski and Solicitors Will Mason, Sam Monk and Will Bartlett.

WFW advises Cartus on sale of its stake in Learnship Networks

06 Feb 2018

Watson Farley & Williams (“WFW”) advised Cartus Corporation (“Cartus”) on the disposal of its stake in Learnship Networks GmbH (“Learnship”) to THI Investments GmbH (“THI”).

An industry leader in the field of corporate relocation programmes and services for more than 60 years, Cartus has previously helped fund Learnship’s expansion by providing equity and convertible loan financing across several venture capital financing rounds. Cartus is also one of Learnship’s key customers.

Allen & Overy advises alstria office REIT-AG on its capital increase

06 Feb 2018

Allen & Overy LLP has advised alstria office REIT-AG on its capital increase raising gross proceeds of approximately EUR 193 million. The 15,323,121 new shares (10% of the company’s registered pre-transaction share capital) from alstria office REIT-AG’s authorized capital have been placed under exclusion of statutory preemptive rights with German and international institutional investors in an accelerated bookbuilding procedure at a price of EUR 12.60 per share.

MoFo represents BlackRock in office-building acquisition

05 Feb 2018

MoFo represented clients advised by BlackRock Real Estate (“BlackRock”) in an acquisition of two blocks of grade-A office buildings at Waterfront Place, Shanghai from PGIM Real Estate, a property investment affiliate of Prudential Financial. Waterfront Place is located in the southeastern corner of Changfeng Ecological Business District, a rapidly evolving industrial cluster area at Suzhou Riverside.

DLA Piper advises Oxford Properties in acquisition with CPPIB of south portion of St. John's Terminal site for US$700 million

05 Feb 2018

DLA Piper represented Oxford Properties Group in a joint venture with the Canada Pension Plan Investment Board (CPPIB) in the acquisition of a portion of New York City's historic St. John's Terminal site south of West Houston Street from Westbrook Partners and Atlas Capital Group for US$700 million.

Greenberg Traurig advised Somerston Group on the acquisition of three shopping centers in Poland

03 Feb 2018

Warsaw - Feb. 2, 2018 - Greenberg Traurig, LLP represented Somerston Group, an international investor engaged primarily in real estate investment and development, through its affiliate Newbridge Poland, a Warsaw-based investment and development firm, in the acquisition of three shopping centers in Torun (Centrum Handlowe Bielawy), Krakow (Centrum Handlowe Czyzyny) and Lodz (Centrum Handlowe Guliwer).

DLA Piper advises Oxford Properties in acquisition with CPPIB of south portion of St. John's Terminal site for US$700 million

03 Feb 2018

DLA Piper represented Oxford Properties Group in a joint venture with the Canada Pension Plan Investment Board (CPPIB) in the acquisition of a portion of New York City's historic St. John's Terminal site south of West Houston Street from Westbrook Partners and Atlas Capital Group for US$700 million.

Slaughter and May is advising Wing Tai Properties on its disposal of Allied Effort

03 Feb 2018

Slaughter and May is advising Wing Tai Properties Limited (Wing Tai Properties) on the sale of the entire issued share capital of Allied Effort Limited (Allied Effort), an investment holding company that indirectly holds the “W Square” property in Wanchai, Hong Kong.  On 2 February 2018, Wing Tai Properties announced that its wholly owned subsidiary had entered into a binding agreement with Top Sincerity Limited and Winland Group Limited in respect of the sale for a consideration of HK$2,848,800,000, subject to price adjustments.  The sale is a “major transaction

MoFo represents BlackRock in office-building acquisition

02 Feb 2018

MoFo represented clients advised by BlackRock Real Estate (“BlackRock”) in an acquisition of two blocks of grade-A office buildings at Waterfront Place, Shanghai from PGIM Real Estate, a property investment affiliate of Prudential Financial. Waterfront Place is located in the southeastern corner of Changfeng Ecological Business District, a rapidly evolving industrial cluster area at Suzhou Riverside.

Herbert Smith Freehills and Hiswara Bunjamin & Tandjung advise on IDR5.4 trillion (US$400 million) rupiah-denominated 'komodo bond'

02 Feb 2018

Leading global law firm Herbert Smith Freehills and its Jakarta associated firm Hiswara Bunjamin & Tandjung (HBT) have advised Indonesia state-owned engineering and construction firm PT Wijaya Karya (Persero) Tbk (WIKA) on its issue of approximately US$400 million rupiah-denominated bonds.

This is the largest and second ever IDR-denominated 'komodo bond' issued to date. The bonds are due in 2021, have a coupon rate of 7.7 percent per year and will be listed on the London Stock Exchange (LSE-ISM) and Singapore Stock Exchange (SGX-ST).