Marathon Asset Management sells the FOZ building at the Amsterdam Sout Axis. The buildings consists of approximately 10,300 sqm office space and 2,400 sqm general facilities. The transaction value is EUR 89,600,000.
Trowers & Hamlins has advised Residential Secure Income plc (“ReSI”) which invests in residential asset classes that comprise the stock of UK social housing providers, on the completion of its first acquisition with the purchase of a rental homes portfolio comprising 1,341 retirement properties for a total consideration of approximately £100 million.
Ashurst LLP advised EQT Real Estate, for its acquisition, from a Jerusalem Economic Corporation's subsidiary, a company listed on the Israeli stock exchange, an office building based at 28/34 rue du Château des Rentiers in Paris (75013) over circa 13.600 sq.m of office and storage space, a corporate restaurant and 245 parking spaces.
The property is fully let to tenants.
Mayer Brown advised CBRE as Servicer and Special Servicer on the only public UK CMBS transaction of 2017.
The transaction, Taurus 2017-2 UK DAC, involved the issuance of £345 million of notes to investors. It was arranged by Bank of America Merrill Lynch.
The Mayer Brown team was led by Structured Finance and Securitisation partner David O'Connor and included Banking & Finance senior associate Noman Ali.
Employees of the world renowned architect and Fieldfisher client Allford Hall Monaghan Morris (AHMM) have become the majority owners of Allford Hall Monaghan Morris Ltd.
Employees of the world renowned architect and Fieldfisher client Allford Hall Monaghan Morris (AHMM) have become the majority owners of Allford Hall Monaghan Morris Ltd.
The Fieldfisher team was led by partner Graeme Nuttall OBE who set the agenda for promoting employee ownership in the UK as the government's independent adviser on Employee Ownership.
Advised by Heuking Kühn Lüer Wojtek, Munich-based DOMICIL Real Estate Group acquired the LivING residential real estate portfolio in Ingolstadt. The portfolio consists of 21 buildings comprising 508 residential units and 236 parking spaces. It was sold by the open-ended public AIF Wertgrund WohnSelect D as part of a structured bidding process in which DOMICIL prevailed.
Macfarlanes has advised main market listed commercial property fund Regional REIT on a secondary fundraise of up to £100m. Regional REIT intends to use the proceeds of the offering to, among other things, acquire two contracted property portfolios.
The Macfarlanes team for this matter was led by corporate and M&A senior counsel Mark Slade, with assistance from tax partner Jeremy Moncrieff and corporate and M&A solicitor Alex Critchley.
Working closely with Sarah Booth, Hammerson plc's general counsel and the Hammerson executive team, international law firm Herbert Smith Freehills has advised longstanding client Hammerson on its £3.4 billion recommended all-share offer to acquire the entire share capital of Intu Properties plc , creating a £21 billion pan-European portfolio of high-quality retail and leisure destinations.
Travers Smith LLP has acted for FTSE250 property company, Assura plc (Assura), on its oversubscribed £300 million firm placing, conditional placing and open offer and £10.7 million offer for subscription of new ordinary shares at an issue price of 57 pence per share, which completed on 6 December 2017.
Travers Smith LLP has advised long-standing client The Peel Group, the largest shareholder in Intu Properties plc (Intu), in connection with Hammerson plc's £3.4billion recommended offer for Intu.
Intu has 20 shopping centres across the UK including the intu Trafford Centre in Manchester. The recommended offer by Hammerson would bring ownership of London's Brent Cross, the Birmingham Bullring and Manchester's Trafford Centre into one group.