Advising a leading German insurance group in connection with the acquisition from RP Global of three project companies established for the construction and the exploitation of three wind farms located in Nord-Pas-de-Calais region (France) with a total capacity of 49.5MW.

The project is expected to be completed in the second quarter of 2016.
Under the terms of the deal, the project, on completion will be operated by RP Global

White & Case LLP has advised Deutsche Asset & Wealth Management (DeAWM) on the acquisition of a €30 million senior loan tranche, part of the syndication of the €450 million financing provided for the Metro Cash & Carry commercial real estate portfolio in April 2015.

"The increasing activity and presence of alternative capital providers such as credit funds in the German market shows the growing acceptance of, and need for, these alternative capital providers," said Frankfurt-based White & Case local partner Michael Rützel.

Stephenson Harwood LLP has advised DIF Infrastructure III (DIF III) on its acquisition of two operational toll road projects in Ireland.

The interests were acquired from Cintra, the Spanish construction company. The acquisitions comprise a follow-on investment in a 46% shareholding in the M4 project, increasing the DIF III shareholding to 80% as well as an investment in a 75% shareholding in the M3 project.

Ashurst advised Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) on the acquisition of an office property in Stuttgart for the portfolio of the Warburg - Henderson Germany High Income Fund. The property built in 2012/2013 located at Löwentorbogen 11/13 in Stuttgart's Bad Cannstatt district was sold by Dibag Industriebau AG. The parties have agreed not to disclose the purchase price.

The building's lettable area of 11.284 square metres is fully occupied by GMB Generalmietgesellschaft mbH, a wholly-owned subsidiary of Deutsche Telekom.

Wragge Lawrence Graham & Co (WLG) fielded a team of real estate and corporate specialists, backed up with the expertise of banking, insurance, tax, planning, construction and employment solicitors, to advise new client New Frontier Properties Limited on its purchase of Houndshill Shopping Centre in Blackpool for £105 million.

The 302,000 sqft shopping centre has 65 retail outlets and 750 car parking spaces and is populated with major retailers including Debenhams, Next, River Island and H&M.

Berwin Leighton Paisner (BLP) advised Hines Immobilien GmbH (Hines) on the acquisition of the Düsseldorf Arcaden shopping centre in the heart of Düsseldorf’s largest district Bilk.

Hines acted as the acquisition manager on behalf of a special real estate investment fund managed by Union Investment and will take over as the asset manager of the shopping centre. The lead investor of the real estate investment fund is the Berlin health care professional pension scheme Berliner Ärzteversorgung along with four other pension funds.

Ashurst has advised the Department of Defence - Capability, Acquisition and Sustainment Group (CASG) on its A$1.3billion acquisition of a fleet of Protected Mobility Vehicles (Light) for the Army.

Setterwalls has represented Contentus in a disposal of the real properties Fältmarskalken 3, Söderberg 4 and Söderberg 5 in Kristianstad. The properties consist of in total 86 apartments, app. 2,400 sq. m. retail and app. 10,600 sq. m. building rights. Singing and completion occurred on 1 October 2015.

Anders Frick has been responsible for the work performed by Setterwalls.

Berwin Leighton Paisner (BLP) provided legal advice to CBRE Global Investors on the acquisition of the Glacis-Galerie shopping centre in Neu-Ulm, Germany.

The Glacis-Galerie shopping centre opened last March and includes nearly 27,000 m2 of retail space in a central location in Neu-Ulm’s old town district near the main train station. Among the mall’s 90 tenants are several renown retailers including C&A, Deichmann, Douglas, H&M and Thalia. In addition to the shopping centre building, the property includes over 1,100 parking spaces.

Trowers & Hamlins is pleased to have advised on the successful completion of EIIB-Rasmala's first UK commercial property deal, acquiring a 66,500 sq ft office building let to the telecoms provider Everything Everywhere (EE) at Doxford Business Park in Sunderland for £11.8 million.