Klépierre has signed an agreement relating to the acquisition of 60 % of the investment company Massalia Shopping Mall, in charge of the development of the Prado shopping centre, a new and emblematic 23.000 m² shopping centre ideally located in the heart of Marseille, the second–largest city in France. Klépierre purchased the project from Doughty Hanson & Co Real Estate, together with a private real estate investment company.

Allens has advised Transpacific Industries Group Limited (TPI) on its $165 million acquisition of the Melbourne Western Landfill from Boral Limited.

The Melbourne Western Landfill operates in airspace created by Boral's quarrying activities at the site, which will continue to operate separately. TPI and Boral have entered into agreements based on an upfront cash payment and annual payments from TPI to Boral over the long term which will align both companies’ interests.

DWF has advised Oldham Council on site assembly and land acquisition for its proposed £60m ‘Prince’s Gate at Oldham Mumps’ development.

Anchored by Marks & Spencer, the retail-led scheme will deliver 150,000 sq ft of additional retail space and 800 new homes.  The development will substantially enhance other on-going initiatives to regenerate Oldham town centre.

Watson Farley & Williams (“WFW“) has again advised municipal utility Stadtwerke Lübeck GmbH on all legal and tax aspects involved in the acquisition of a share of an 18 MWp ground-mounted solar park, located in Turnow-Preilack in Brandenburg, Germany. The solar park will be operated jointly with another municipal utility partner.

MSC Cruises, a division of Mediterranean Shipping Company (“MSC”), has made a €1.1 billion investment in the future of its cruise line with the purchase of two newbuild Vista series cruise ships, advised by international law firm Watson Farley & Williams (“WFW”).

Castrén & Snellman are legal advisor to Neste Oil’s project regarding the acquisition of a solvent de-asphalting (SDA) unit to be constructed at the company’s refinery in Porvoo. The SDA unit is the largest individual investment to be made in connection with the wider restructuring of Neste Oil’s refinery business. Costing EUR 200 million, this will improve Neste Oil’s production structure and ability to optimise its crude oil slate. The construction of the SDA unit is due to be completed in 2017.

PLMJ advised Blackstone on its purchase of five retail properties and five logistics facilities from Espírito Santo Activos Financeiros (ESAF), the fund manager that was transferred from BES to Novo Banco. It was the American investment company’s first acquisition in Portugal in this sector.

Nabarro has advised US-based Värde Partners, a privately held, investment manager specializing in alternative investments in the acquisition of the Titan portfolio of secondary mixed-use assets for circa £250m. The former Noé family-owned portfolio was put up for sale earlier this year by receivers at KPMG via Aviva Commercial Finance, which holds the debt against the 187-property retail-focused UK portfolio.

Hannes Snellman acted as counsel to AXA Real Estate in its acquisition of a prime CBD office property with an underlying property value of approx. MEUR 65 from a fund managed by Exilion Capital Oy. Our core team in Helsinki comprised Tapio Teräkivi, Hanna Westenius, Karoliina Koto and Heini Salonen.

An AllBright legal team, led by partner Philip Zhang and including associate Zeng Lei and other professionals, advised Adidas on its Tianjin logistics warehouse project. This is Adidas’ second logistics distribution center in China after its Suzhou center. Occupying 150,000 square meters, the center has the world’s most advanced automated sorting and packaging system.