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Asset Sale: Acquiror's Counsel

K&L Gates Advises Shanghai Sun Kwan Real Estate Group on RMB3.2 Billion Real Estate Transaction

15 Sep 2015

K&L Gates LLP has advised Shanghai Sun Kwan Real Estate Group on a RMB3.2 billion (approximately US$500 million) real estate transaction.

Sun Kwan Group acquired a group of companies that owned approximately 400,000 square meters of low-density residential and commercial development land in the Shanghai Sheshan District. The seller is wholly-owned by Hong Kong-listed Tian An China Investments Limited, a subsidiary of property and financial services investment company Allied Group Limited.

Luther advises Sweden-based Kuben Group on the purchase of the marina business from Saferoad

15 Sep 2015

Sweden-based corporation Kuben AB acquired the marina  business  from  the  Norwegian  corporation  Saferoad  AS on  4  August  2015  by  way  of  an  asset  deal.  Kuben  AB  obtained detailed  legal  advice  on  this  transaction  from  the  law  firm  of Luther Rechtsanwaltsgesellschaft mbH.

Hengeler Mueller advises DONG Energy on the divestment of a 50 per cent stake in offshore wind farm Gode Wind 1 to Global Infrastructure Partners and on the structuring of the financing

14 Sep 2015

DONG Energy signed an agreement to divest of a 50 per cent stake in the German offshore wind farm Gode Wind 1 with Global Infrastructure Partners. The purchase price amounts to approx. €780m.

Global Infrastructure Partners will in part finance the acquisition by issuing “green bonds” to a consortium of German insurance companies let by Talanx. DONG Energy is currently constructing the project with a capacity of 55 turbines and 330MW and will provide operation and maintenance services and market the power production.

Fieldfisher advises American Industrial Partners on $380m acquisition of Anixter International's fasteners business

14 Sep 2015

Fieldfisher advises American Industrial Partners on $380m acquisition of fasteners business from Anixter International Inc.

A team from Fieldfisher's Paris office, led by partner Christopher Mesnooh, has advised New York-based private equity fund American Industrial Partners on its acquisition of the fasteners division of Anixter International Inc.

Clifford Chance advises Amundi Real Estate on the acquisition of office project OASIS II in Stuttgart

10 Sep 2015

Clifford Chance advised the French institutional investor Amundi Real Estate on the acquisition of the office property OASIS II in Stuttgart.

Amundi was represented by IC Immobilien Group. The seller of the property is GIEAG Immobilien AG. The parties have agreed not to disclose the purchase price.

Roschier represented Deka Immobilien in the acquisition of office and healthcare centre in Helsinki

09 Sep 2015

Roschier represented Deka Immobilien GmbH in a large-scale construction development project regarding construction and acquisition of the Kalasatama Health and Wellbeing Centre to be built in Helsinki by SRV Construction Ltd.

The completion date of the building is expected to be in the fourth quarter of 2017. The rentable area of the building will amount to 18,300 square meters. A long-term lease agreement has been concluded with the City of Helsinki as tenant.

Eversheds advises Anchor on largest care home acquisition in recent years

07 Sep 2015

Eversheds has advised Anchor, England’s largest not-for-profit provider of housing and care for older people, on acquiring 29 care homes in the UK.

In the first transaction, Anchor acquired 24 care homes across the North and Midlands in a deal worth more than £100m from LNT Group.

Separately, Anchor has also acquired the UK Cavendish Healthcare Group business including five residential care homes in Essex and Suffolk.

The deals have increased Anchor’s property portfolio to 119 care homes.