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Asset Sale: Acquiror's Counsel

Waterlogic acquires Pure Life H2O

04 Jan 2019

Waterlogic Canada Inc. acquired all of the commercial assets of Pure Life H2O Inc. of Mississauga, Ontario.

Waterlogic Canada is a subsidiary of Waterlogic Plc (AIM: WTL.L), a leading global designer, manufacturer, distributor and operator of point-of-use ("POU") drinking water purification and dispensing systems headquartered in Dublin, Ireland.
 
Gowling WLG advised Waterlogic Canada in this acquisition with a team that included Sean Gomes, Duncan Snyder and Andrew Griffin.

Clifford Chance advised Samsung Life on the sale of 30 Gresham Street

04 Jan 2019

Clifford Chance has advised Samsung Life, the largest insurance company in South Korea, on its sale of 30 Gresham Street for a price in excess of £400m to the joint venture of two Hong Kong based developers, Wing Tai Properties and Manhattan Garments. The c.400,000+ square feet prime commercial property in the City of London, which is comprised of office and retail space, is the London headquarters of Commerzbank and European headquarters of Investec.

Withers KhattarWong advises DKSH on its acquisition of a consumer goods distribution business in Singapore and Malaysia

03 Jan 2019

Withers KhattarWong is representing DKSH Group, a leading market expansion services provider in Asia, on its acquisition of the consumer goods distribution business of Auric Pacific Group Limited in Singapore and Malaysia for approximately S$218.4 million.

Godewind Acquires Additional Office Property Near Munich for €30 million

31 Dec 2018

The Frankfurt Real Estate Industry team has advised Godewind Immobilien AG on the acquisition of an office property in Aschheim-Dornach near Munich, Germany for a net price of €30 million.

The property in the ExpoGate business park comprises a rental space of 17,612 square meters and 263 parking spaces. The transaction is expected to close by the end of February 2019.

White & Case Advises Yandex on Acquisition of Property Site for Moscow Headquarters

31 Dec 2018

Global law firm White & Case LLP has advised Yandex, one of Europe's largest internet companies and the leading search provider in Russia, on its proposed acquisition of rights to an approximately four hectare plot of land situated at Kosygina Street in Moscow for the construction of its new headquarters.

The total acquisition cost of the land will be approximately US$145 million.

Hogan Lovells Warsaw office advised ISOC Group in acquisition of Silesia Business Park Class A office buildings

28 Dec 2018

Hogan Lovells Warsaw Office advised the ISOC Group in the transaction consisting of the acquisition of C and D buildings of "Silesia Business Park" from Skanska. The transaction involved two new class A office buildings with leasable area of over 24,000 sq.m. Silesia Business Park is located in the most dynamic business district in Katowice. ISOC and Skanska signed the final sale agreement on December 21, 2018.

CMS advices Bayerische Versorgungskammer on acquisition of residential property project planned for north Stuttgart

28 Dec 2018

Stuttgart – The Bayerische Versorgungskammer pension scheme has acquired the residential portion of the "Stuttgart City Prague - Living in the Theatre District" project  prior to the start of construction work. The vendor is Instone Real Estate Group AG, a residential property developer.

A CMS team headed by lead Partner Dr Volker Zerr advised Bayerische Versorgungskammer on all aspects of legal due diligence and on the the complex negotiations around the purchase agreement. The transaction is structured as a forward asset deal.

DLA Piper advises Greencoat UK Wind on acquisition of 45MW Douglas West wind farm

26 Dec 2018

DLA Piper has advised Greencoat UK Wind (UKW) on the acquisition of a 45MW subsidy-free wind farm in Scotland from Blue Energy.

The acquisition – which is set to be equity funded from UKW's excess cashflow – is expected to close in Q1 2019, pending the signing of construction and O&M contracts. Construction works are set to begin in 2019 with commissioning scheduled for July 2021.

Blue Energy and Natural Power will be responsible for construction management and engineering services at the site.