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Asset Sale: Acquiror's Counsel

KWM advises financers on Port of Melbourne acquisition

21 Sep 2016

King & Wood Mallesons (KWM) has advised financiers in relation to the A$9.7bn acquisition of the 50 year lease of the Port of Melbourne, Australia’s largest container and cargo port by the Lonsdale Consortium comprising the Future Fund, QIC, Global Infrastructure Partners and OMERS .

The KWM team, led by Partner Claire Rogers with support from Solicitor Amy Maguire, advised a bank club consisting of 17 banks in relation to the submission of a fully committed and documented financing package for the acquisition.

CHSH advises CA Immo in the acquisition of an office complex in Budapest

20 Sep 2016

CHSH Cerha Hempel Spiegelfeld Hlawati advised CA Immo in the acquisition of the centrally located Millennium Towers office complex comprising of 70,400 sqm GLA in Budapest, Hungary in all legal aspects of the transaction. It is the biggest standalone acquisition by CA Immo of existing properties since several years and at the same time one of the biggest real estate transaction in Hungary this year.

DLA Piper acts for NORD/LB, Hastings' managed funds and Cubico on hybrid financing and acquisition of Owl's Hatch Solar Park

20 Sep 2016

DLA Piper has advised NORD/LB and Hastings' managed funds on providing funding to Cubico, a global leader in renewable energy and water investment, for the acquisition of Owl's Hatch Solar Park. The firm also acted for Cubico on the acquisition which occurred concurrently with the financial close.

Owl's Hatch is a 50 MW solar farm in Herne Bay, Kent. Set over 213 acres, the site is home to ‘Hareon 260Wp polycrystalline’ solar panels, generating enough energy to power approximately 12,600 homes per year.

Dentons advises VTB group on the acquisition of three residential developments from Coalco

14 Sep 2016

Moscow—VTB Group has boosted its property development business with the acquisition of three projects to build business-class residential developments in Moscow - Tsarskaya Ploshchad, Presnya City, and Basmanny 5 - from leading Russian developer Coalco. Global law firm Dentons advised VTB on the deal.

DLA Piper advises ALBIS PLASTIC on a joint venture with William Barnet & Son in the US and on the acquisition of Barnet's European recycled polymers business

12 Sep 2016

DLA Piper advised ALBIS PLASTIC GmbH on the establishment of a joint venture in the US with William Barnet & Son, LLC, a company specialising in the production, recycling and trade of fibres, yarns and plastics. The joint venture based in Duncan, South Carolina, to which William Barnet & Son contributed their existing recycled polymers business, will trade as ALBIS Barnet Polymers LLC.

K&L Gates advises Equinix on Acquisition of Paris Data Center from Digital Realty

12 Sep 2016

Paris - Lawyers from the Paris office of global law firm K&L Gates have advised global interconnection and data center company Equinix on the acquisition of Digital Realty's operating business in St. Denis, Paris, including its real estate and data center facility, for approximately EUR €190,000,000.

Equinix will extend its hosting capabilities in the site that currently houses its PA2 and PA3 International Business Exchange data centers.

CapMan, Varma and Cavendo have acquired Heron City

07 Sep 2016

CapMan Nordic Real Estate, acting as lead investor, has together with Varma Mutual Pension Insurance Company and Cavendo acquired Heron City from NIAM for approximately EUR 98 million.

Heron City is an approximately 49,400 square meter landmark retail center located in Kungens Kurva in Stockholm.

CapMan is a leading Nordic investment and asset management company, Varma is a pension insurance company that is one of the leading real estate investors in Finland and Cavendo is an independent investment advisory and asset management firm based in Stockholm.

Norton Rose Fulbright advises SRE Group Limited on RMB1.31 billion acquisition

07 Sep 2016

Global law firm Norton Rose Fulbright has advised SRE Group Limited on its RMB1.31 billion acquisition of an asset package from China New Town Development Company Limited.

The asset package comprises a portfolio of property projects mainly located in Shanghai Luodian New Town, including, among others, Lake Malaren Hospital Project, Lake Malaren Convention Centre, Crowne Plaza Lake Malaren Shanghai Hotel and Golf Clubhouse and Lake Malaren Silicon Valley Project.