Norton Rose Fulbright has acted for AMP Capital in its acquisition of the debt and equity interests in Sydney’s Royal North Shore public-private partnership (PPP) project.
The transaction saw AMP Capital acquire a 100 per cent interest in the Royal North Shore Hospital and Community Health Services PPP from the Royal Bank of Scotland (RBS). AMP Capital will own the asset until October 2036.
Heuking Kühn Lüer Wojtek, with a team led by Dr. Michael Dröge and Dr. Sönke Görgens, both from the law firm's Hamburg office, advised issuing house WealthCap on the acquisition of the multi-tenant office complex Twin Yards. Anchor tenant Porr Deutschland GmbH will remain in the complex in Munich's garden city of Parkstadt Schwabing. The purchase price for the office space of some 14,000 square meters and storage space of about 350 square meters was not disclosed.
DWF advised NewRiver Retail Limited on its acquisition of the Sands Portfolio for £19 million, providing them with a net initial yield of 9.75%.
The DWF team, led by real estate senior associate Luke Hopkins, advised NewRiver on the significant investment, which will help their client achieve their strategic plans to invest in convenience led community shopping centres and high street retail assets.
Kirkland & Ellis LLP represented Wyndham Hotel Group which today announced it has acquired Dolce Hotels and Resorts, a leading provider and manager of group accommodations with a portfolio of 24 properties and over 5,500 guestrooms across seven countries in Europe and North America, for $57 million in cash.
The Kirkland team is led by partners Daniel Wolf and David Feirstein and by associate Ravi Agrawal.
Hill Dickinson is advising its longstanding client, CRH plc, a regional, national and international leader in building materials, on acquiring €6.5bn (£4.9bn) of assets, including UK-based Tarmac Lafarge, from construction giants Holcim and Lafarge ahead of Holcim and Lafarge’s €40bn merger.
The sale is expected to complete by the middle of 2015.
DWF advised Whitbread on the freehold purchase of two prime Westminster sites on Dacre Street and Tothill Street, for a combined investment in excess of £80 million. The Tothill acquisition is Whitbread’s single biggest asset purchase to date for their hotel development programme.
HFW lawyers has advised NewLead Holding Ltd in relation to the recent delivery of five bitumen tankers to NewLead’s fleet, the "CAPTAIN NIKOLAS I", the "NEPHELI", the "SOFIA", the "IOLI" and the "KATERINA L".
Dentons real estate team acted as legal counsel to AEW Europe on the acquisition of a 255,000 sq.m. logistics development in Prague from Panattoni Europe. The transaction value was €150 million.
AEW Europe, through its LOGISTIS Fund and in cooperation with Panattoni, will develop a 125,000 sq.m. standalone warehouse facility in the district of Dobrovíz, near Prague. Set to be completed during this summer, it is already fully pre-let to Amazon and will serve as a new location in Amazon’s European Fulfilment Network.
Trowers & Hamlins has advised long-standing client One Vision Housing on its amalgamation with Venture Housing Association, in a deal which saw Venture's 1,300 homes and 22 staff successfully transferred to One Vision on 30 January 2015.
Trowers & Hamlins is pleased to have advised long-standing client One Vision Housing on its amalgamation with Venture Housing Association, in a deal which saw Venture's 1,300 homes and 22 staff successfully transferred to One Vision on 30 January 2015.
Düsseldorf-based Cordea Savills Invest GmbH has acquired two properties in Hamburg for its club deal “Spezialfonds” Cordea Savills Real Invest 1 in transactions worth more than EUR 100 million. Formerly the headquarters of Hamburger Sparkasse, Glockengießerwall 22 is a protected historic building offering 16,000 square metres of rental space, previously part of a joint venture portfolio held by Hamburg's Becken Group and US investment firm Castlelake. The second property is the fully let VTG Center in the south of the city, comprising 22,000 square meters of office space.