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Asset Sale: Acquiror's Counsel

Haavind acts for BlackRock and Stadtwerke München in wind farm deals

11 Aug 2016

Team Haavind has had key roles in both wind farm deals closed this summer.

BlackRock was assisted by Haavind in the purchase of 100% of Tellenes wind farm, which is to be constructed in Rogaland county in Norway, with all related contracts, EPC and turbines included. When the wind farm starts production towards the end of 2017, it will be the largest operating wind farm in Norway. Haavind has been the key Norwegian counsel, and has acted in concert with Orrick, who had general lead and master of all non-Norwegian law issues

Norton Fulbright advises Tages Capital on the acquisition of SunReserve 101 MWp solar portfolio

08 Aug 2016

Global law firm Norton Rose Fulbright has advised Tages Capital SGR,  as management company of the reserved closed real estate investment fund denominated Tages Helios, on the acquisition from SunReserve of the entire corporate capital of five Luxembourg companies owning, through eight Italian special purpose vehicles, a portfolio of photovoltaic energy projects with an overall capacity of 101 MWp.

New combined heat and power biomass plant in the United Kingdom

08 Aug 2016

Copenhagen Infrastructure Partners (CIP), the manager of the DKK 14.7 billion infrastructure fund, Copenhagen Infrastructure II K/S, and Burmeister & Wain Scandinavian Contractor A/S (BWSC), a Danish engineering and contracting company, have today announced their joint 100% acquisition of the biomass fired combined heat and power plant Project Kent.

Clifford Chance advises RFR Holding on its takeover of Karstadt Munich

04 Aug 2016

Clifford Chance has advised the investment company RFR Holding on its takeover of the Karstadt building in Munich. The property's total floor space of 56,000 m² is spread across six floors and is leased exclusively by the German department store chain Karstadt. The building also has an underground car park providing 500 parking spaces.

The vendors were the investment company Signature Capital and Europa-Fonds Episo 3.

Hengeler Mueller advises J.P. Morgan Asset Management and LGT Capital Partners on joint acquisition of office property

01 Aug 2016

A fund managed by J.P. Morgan Asset Management - Global Real Assets ("J.P. Morgan") together with LGT Capital Partners Ltd. ("LGT") has acquired an office property in
Stuttgart from Brompton Asset Management Group. The property is divided into six separate building sections with a total of more than 58,000 square metre rental space
and is fully leased to Deutsche Telekom.

WFW advises BP Pension Fund on UK retail park acquisition

01 Aug 2016

International law firm Watson Farley & Williams (“WFW”) has advised BP Pension Fund on the acquisition of a retail park in Huddersfield for £18.4 million from Helical. The scheme is an established shopping destination totalling 96,899 sq ft and is fully let to tenants including Aldi, Dunelm, Matalan and B&M.  The retail park has the added benefit of further investment and asset management opportunities for the fund.

Hengeler Mueller advises Primotel Europe and Algonquin France on acquisition of Hyatt Regency Düsseldorf

29 Jul 2016

Primotel Europe and Algonquin France, today announced the closing of the purchase of the Hyatt Regency Düsseldorf, located in the Media Harbour district of the city. Opened in 2012, the Hyatt Regency is the leading five-star hotel in Dusseldorf, with 303 rooms in one of the most prominent buildings in Düsseldorf and a highly visible location overlooking the Rhine and city center. Closing of the transaction is subject to merger control approvals.

Mason Hayes & Curran Acts for Ziggurat

27 Jul 2016

We acted for UK student accommodation provider Ziggurat in the acquisition of a number of sites for development in Dublin. Our cross-departmental team of Real Estate, Construction, Financial Services, Investment Funds, Corporate and Tax lawyers provided bespoke advice.

From IrishTimes.com:

UK student accommodation provider Ziggurat has bought a number of sites in Dublin’s north city centre as part of a €400 million Irish expansion plan, after redeveloping the former Montrose hotel near UCD in recent years.

K&L Gates Advises Luye Pharma Group Ltd. on European Market Entry

26 Jul 2016

Frankfurt. Global law firm K&L Gates LLP has advised Luye Pharma Group Ltd.‎ in connection with its market entry into Europe. Through a bidding process initiated by Avista Capital Partners and Nordic Capital, Luye succeeded in acquiring Acino’s transdermal drug delivery systems consisting of patches and biodegradable subcutaneous implants. The parties agreed that a carve-out of other business sectors of Acino shall be consummated prior to the closing of the transaction.