DLA Piper acted as legal advisor to DCH Group, owned by Oleksandr Yaroslavskyi, on the acquisition of partner stakes in Karavan, a national shopping centre chain, in Ukraine. The transaction completed on 21 October 2016. 

Karavan was one of the first shopping centre chains in Ukraine and has operated for more than 10 years in Kyiv, Kharkiv and Dnipropetrovsk. The total area of the shopping centres retail space is almost 250,000 square meters and combines a mix of shopping, entertainment and leisure facilities.
 

Clifford Chance has advised Big-Box-Self-StorageUS operator StorageMart on the acquisition of 15 Big Box Storage Centre locations in Southern England, marking StorageMart’s entry into the European self storage industry.

We advised Touax Rail and TX Rail Finance 4 Limited on the purchase by TX Rail Finance 4 Limited of a €56 million European railcar portfolio of 1,335 freight wagons. KfW IPEX-Bank and DVB Bank will provide senior debt for the deal in equal parts, with the equity being provided by Touax Investment S.C.A., SICAV-SIF, an open ended Luxembourg investment fund which will allow qualified and professional investors to benefit from investing in equity in this transaction. Touax Rail will be acting as operating partner for the fund and will manage the railcars.

GSK Stockmann in Luxembourg and Nabarro in the United Kingdom have advised GSA, the global student accommodation leader and GIC, Singapore’s sovereign wealth fund, on their acquisition of Threesixty Developments’ 7,150 bed UK student accommodation portfolio from Oaktree Capital Management.

Delphi has acted as legal advisor to Amasten Holding AB (publ) ("Amasten") in connection with Amasten’s acquisition of a real property in Härnösand. The acquisition complements Amasten’s ownership of the Prisma Mall in central Härnösand.

Delphi’s team consisted of Nina Persson, partner, primarily assisted by Olof Hagberg, senior associate.

We acted as the legal adviser to OP-Vuokratuotto non-UCITS fund in its purchase of a real estate company that owns a property focused on the retail sale of cars and related activities in the Helsinki Metropolitan Area.

MUNICH (October 20, 2016) – The U.S. Abinger group acquires together with the Düsseldorf based DIWG group a portfolio consisting of five retail properties at various locations in North Rhine Westphalia from BelMo real estate group.

The portfolio offers a total rental space area of approx. 10.000 sqm on a total property size of approx. 31.337 sqm. Tenants are established companies in the retail sector such as REWE and Edeka.

This entire portfolio of healthcare assets comprises approximately 8,600 beds, located mainly in Munich, Hamburg and Dresden. Some multi-tenant properties are also included in the portfolio. With this acquisition, Primonial exceeds the threshold of 10 billion in total real estate assets and 3 billion in nursing care facilities. LPA has been advising Primonial regularly in France and Germany and was again mandated for this extensive transaction.

Taylor Wessing has represented Tritax Big Box REIT plc on its recent placing, open offer and offer for subscription, raising £350 million in total. This significantly exceeded the targeted size of £150 million and the maximum size of £250 million. Accordingly, the board decided to utilise part of its annual tap facility to issue a further £100 million of shares to satisfy the excess demand.

Herbert Smith Freehills has advised RAC on the acquisition of Australia’s first fully driverless and electric shuttle bus.

The RAC Intellibus uses self-driving technology to drive on open roads, autonomously interacting with traffic, cyclists, pedestrians and other obstacles.

RAC is currently trialling the bus along the South Perth Esplanade, with members of the public able to register to be among the first passengers.