Loyens & Loeff advised Changes, the developer of community-concepts for specific groups, with the sale of an apartment building consisting of 596 apartments in Amsterdam.
Contacts
Bram Linnartz
Steven Lucas
Felicitas Stern
Stuttgart – Belgian group Cofinimmo is continuing its expansion strategy in Germany by adding two care home properties to its healthcare portfolio in the country via deals worth EUR 26.5 million.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising PATRIZIA Immobilien AG ‘Patrizia’ on its acquisition of Rockspring Property Holdings Limited ‘Rockspring’, a UK-headquartered real estate investment manager. The acquisition marks a further step in Patrizia’s desire to become a global provider of European real estate assets, following its recent acquisitions of German asset manager TRIUVA (on which Freshfields also advised) and the global fund of funds provider Sparinvest Property Investors.
Herbert Smith Freehills has advised Transurban Group on the A$6.7 billion West Gate Tunnel Project in Melbourne, Victoria. The project will deliver a vital alternative to the West Gate Bridge, providing a much needed second river crossing, quicker and safer journeys, and remove thousands of trucks from residential streets and provide a direct freight link to the Port of Melbourne.
Linklaters has advised CBRE Global Investors on its letting to Red Bull Company Limited (‘Red Bull’) which has taken possession of 37,855 sq ft at Seven Dials Warehouse, 42-56 Earlham Street, Covent Garden, London.
Red Bull has signed an 11-year lease on the property which will become their new London headquarters. The company will occupy the Reception, Part Ground, Mezzanine and Third to Sixth floors.
Shearman & Sterling advised Crescent Capital on a unitranche refinancing of 3B Scientific Group, a leading global manufacturer of anatomical and biological teaching aids for science, healthcare and patient education. The group was acquired by Whitney Capital Partners at the beginning of 2017.
Shearman & Sterling advised Unibail-Rodamco on its proposed $25 billion acquisition of Westfield Corporation. This transaction will create a global property leader with €61.1 billion (US$72.2 billion) of gross market value and a presence in 27 of the world’s most attractive retail markets and cities.
MinterEllison advises Blackstone Tactical Opportunities Fund on its acquisition of an 80 per cent stake in non-bank lender La Trobe Financial.
MinterEllison has advised Blackstone Tactical Opportunities Fund (Blackstone) on the acquisition of an 80% interest in non-bank lender La Trobe Financial (La Trobe).
Globally, Blackstone is a $US400 billion asset management giant, and the largest real estate private equity firm in the world. The investment is reflective of the New York-based Blackstone's interest in Australian growth opportunities.
Henri Pieyre de Mandiargues, Ali Afshar Saber, Emmanuelle Trombe, Anaël Hadji, Lionel Lesur, Louise Aberg, Elena Chutrova, Myrtille Lapuelle and Romain Desmonts advised Touax SCA on the € 165 million sale of Touax Solutions Modulaires to WH Bidco SAS.
Dentons has advised Zenium Germany GmbH (“Zenium”), the German subsidiary of data center operator Zenium Technology Partners Limited, on the sale of its data center division to American real estate investment trust CyrusOne. This transaction will strengthen CyrusOne’s presence in London and Frankfurt, the two largest data center markets in Europe. The selling price was €442 million and the closing is scheduled for the first quarter of 2018.