Top 40 law firm Trowers & Hamlins has advised 90 North Real Estate Partners on the sale of Riverside East in Sheffield to to Corum XL for £24.65m.

Trowers advised on all aspects of the transaction, drawing on expertise from our commercial property, banking & finance, corporate and projects & construction teams.

The building provides 119,000 sq ft of office space across a ground and six upper floors and walking distance of Sheffield City centre.

Ben Neary, Senior Associate at Trowers who led on the deal said:

A joint project company of ON Real Estate and TPH Real Estate sold a project development at Wattenscheider Straße 13 in Düsseldorf. A team led by Düsseldorf-based partner Dr. Peter Vocke advised the company on the share deal. The buyers are two family offices from Frankfurt and Hamburg.

DLA Piper has advised Round Hill Capital, a leading specialist real estate investment, development and asset management firm, and StepStone Group Real Estate LP (StepStone Real Estate), a leading private markets firm, on the successful completion of the multi-currency refinancing of the acquisition debt secured against their Nordic logistics and industrial real estate portfolio, which comprises 327,649 sqm across 13 assets in Sweden, Norway and Denmark.

Ashurst has advised subsidiaries of the London-based property investment and development company Almacantar on its £420 million refinancing of One and Two Southbank place in London. The facilities were advanced by LGIM Real Assets (Legal and General) and refinance Almacantar's existing development facilities provided by Cain Hoy Enterprises, on which Ashurst advised in 2015.

Ashurst advised the European real estate investor Warburg-HIH Invest Real Estate (Warburg-HIH Invest) on the acquisition of a commercial property in Bonn.

The fully let business object with a total rental space of 1,908 sqm will be integrated into the open special AIF 'Warburg-HIH Perspektive Einzelhandel: Fokus Geschäftshäuser' ('Warburg-HIH perspective retail: focus business objects'). Main tenant is the restaurant franchise L’Osteria, further space is predominantly let to medical practices and offices.

DLA Piper has advised Principal Real Estate Spezialfondsgesellschaft mbH on the sale of three hotels including assets in Amsterdam and Nuremberg, for EUR 122.5m on behalf of Principal Hotel Immobilien Spezialfonds. Principal Hotel Immobilien Spezialfonds is the company's first hotel fund which was established in 2012. Now in its seventh year of operation, the fund has started a phase of selective sales.