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Asset Sale: Acquiror's Counsel

Dentons advises Tristan Capital Partners on the Enterprise Park acquisition in Krakow, Poland

28 May 2015

Dentons’ Real Estate team advised European Property Investors Special Opportunities 3 LP (EPISO 3) fund managed by Tristan Capital Partners on the acquisition of Enterprise Park and adjacent land in Krakow, a Polish regional city.

Enterprise Park is one of the largest office complexes in Krakow, developed by Prague-based Avestus Real Estate between 2012 and 2014. Four A-class buildings were acquired, including three fully-let buildings with a combined GLA of 29,500 sq.m. and one currently under construction.

Milbank Advises TEPCO in Expanding Investment in the Umm al Nar Power and Water Project in the UAE

26 May 2015

In a significant transaction demonstrating their commitment to promoting their overseas power generation business, Milbank, Tweed, Hadley & McCloy LLP has advised Tokyo Electric Power Company Incorporated (TEPCO) on its purchase of the entire equity stake in the Umm al Nar power and water project in the UAE previously held by Mitsui & Co., Ltd. (Mitsui).

Milbank partner Alec Borisoff and senior associate Daniel Lin led the team representing TEPCO, with assistance from associate Mindy Allen.

Mayer Brown advises H.I.G. Capital on acquisition of Grosvenor shopping centre in Chester

26 May 2015

Mayer Brown has advised H.I.G. Capital, a leading global private equity investment firm, on the purchase of Grosvenor shopping centre in Chester, Cheshire for approximately £65 million.

The 232,000 sq ft mall, which has 74 shops and a 413-space car park, was acquired from The Carlyle Group and Bride Hall.

Shoosmiths advises Palatine on MBO of The Alchemist Bar & Restaurant

20 May 2015

Shoosmiths has advised funds managed by Palatine Private Equity on the £12m management buyout (MBO) of The Alchemist Bar & Restaurant Limited from restaurant group Living Ventures.

The £10m equity investment from Palatine and £6.5m development and working capital facilities from Santander will enable the business to develop its existing sites and open new venues in city centre locations. The Alchemist recently extended its venue in the Spinningfields area of Manchester, adding an additional 2,500 sq ft to meet the increased demand from customers.

Deacons advises on a RMB632.5 million acquisition of share interests in Lead Wealthy Investments and Jolly Success Holdings

14 May 2015

Deacons recently represented Wing Tat Development Limited in a major transaction acquiring the entire share interest in Lead Wealthy Investments (Singapore) Pte. Ltd. and Jolly Success Holdings Limited for a consideration of RMB632.5 million (equivalent to approximately HK$799.9 million).

Mayer Brown advises AEW Europe on London Acquisition

14 May 2015

Mayer Brown has advised AEW Europe, a leading European real estate investment manager, on the acquisition of 24-28 Martin Lane in London on behalf of its Europe Value Investors Fund (EVI) for approximately £24 million.

The 32,000 sq ft refurbished office building in the City of London was acquired off market from Trinova Real Estate, the property investment and asset management business, which sold it on behalf of a high net worth investor.

The office building is 100 percent let to tenants, who include Business Wire, WH Ireland and The Law Society.

Mayer Brown advises AEW Europe on London

12 May 2015

Mayer Brown has advised AEW Europe, a leading European real estate investment manager, on the acquisition of 24-28 Martin Lane in London on behalf of its Europe Value Investors Fund (EVI) for approximately £24 million.

The 32,000 sq ft refurbished office building in the City of London was acquired off market from Trinova Real Estate, the property investment and asset management business, which sold it on behalf of a high net worth investor.

The office building is 100 percent let to tenants, who include Business Wire, WH Ireland and The Law Society.