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Asset Sale: Acquiror's Counsel

Irwin Mitchell Advises On Detergent Deal

12 Dec 2014

Corporate lawyers at Irwin Mitchell, have supported a deal which has seen Klenzan Ltd, one of the UK’s leading providers of hygiene solutions to the food and dairy industries, acquire the trade and assets of TJ&S Jenkinson Ltd.

The strategic acquisition for will boost Klenzen’s expertise in the food sector and build on the synergies that exist between the two companies in relation to products, technical knowledge, operations and distribution.

TJ&S have a strong focus in the bkery Industry and like Klenzen has been established for more than 25 years.

Linklaters advises on acquisition of New Scotland Yard

12 Dec 2014

Linklaters has advised Abu Dhabi Financial Group on their acquisition of New Scotland Yard, 8-10 Broadway, Victoria, for £370 million. The site was purchased from The Mayor's Office for Policing And Crime (MOPAC) for redevelopment purposes.

The sale of the property exchanged on 4 December 2014. However, completion will not take place until 2016 because the Metropolitan Police will remain in occupation before moving to their new property (the Curtis Green building).

Linklaters’ team was led by UK Head of Real Estate, Andy Bruce.

Linklaters advised CBRE Global Investors on the acquisition of a logistic complex in Warsaw

12 Dec 2014

Linklaters has acted for Pan European Core Fund, one of the investment funds managed by CBRE Global Investors, in relation to the acquisition of over 30,500 sqm Ideal Idea logistic complex located near the Warsaw Chopin airport. The seller was BPH Real Estate Closed-End Fund 2, General Electric's real estate investment arm in Poland.

Charles Russell Speechlys Secures Future of Grade 1 Listed Palace

11 Dec 2014

William Marriott, head of Private Property at Charles Russell Speechlys’ Guildford office, has played a key role in securing the future of a Grade 1 listed Jacobean palace in Northamptonshire.

Apethorpe Palace, also known as Apethorpe Hall, was purchased by Jean Christophe, Baron von Pfetten, a client of William Marriott’s for the last five years.

Travers Smith advises on the acquisition of the UK livestock feed and forage business from Countrywide

11 Dec 2014

Travers Smith LLP is advising its long-standing client ForFarmers BV on the proposed acquisition of the UK livestock feed and forage business of Countrywide Farmers Plc.

ForFarmers is a European market leader in the animal feed sector, with an annual production of approximately 8.5 million tonnes of feed, a turnover of more than €2.6 billion and 2,200 employees. The company has had a successful relationship with Countrywide, a leading supplier of feed products and services to the rural community in the UK, since 2005.

Pinsent Masons completes Hat-Trick of Scottish Retail Deals

11 Dec 2014

Pinsent Masons has advised HSBC Alternative Investments on the £224.1m acquisition of one of the largest retail centres in Scotland from Land Securities.

'The Centre', in Livingston, is Scotland’s second-largest covered shopping centre and totals more than 1 million sq ft. It is home to over 160 retailers, including Primark, Debenhams, BHS and M&S.

Clifford Chance advises GLL on the purchase of the Accent Office Center in Frankfurt

11 Dec 2014

Clifford Chance has advised GLL Real Estate Partners GmbH on the acquisition of the Accent Office Center (AOC) in Frankfurt which GLL Real Estate Partners GmbH has purchased for GLL Pan European Property Fund.

The vendor was ActivumSG Capital Management Ltd., a real estate investment fund manager focusing on investments in Germany. The AOC, located at Hanauer Landstrasse, was completed in 2004 and comprises 22.500 m² of useable floor space. ActivumSG had acquired that office center in 2011.

Vinge Advises Adapta Fastigheter In Connection With Ncc Transaction

10 Dec 2014

Vinge has advised Adapta Fastigheter in connection with its acquisition of a development site in Kungsbacka from NCC Fastigheter. The acquisition occurred through a target company which had already entered into lease agreements with two prospective tenants. NCC was represented by its in-house legal department.

Vinge’s team consisted of responsible partner Olof Gisland together with associates Frida Backegren (tax), Maria Paijkull (environmental) and Anders Falkeby (due diligence).

Clifford Chance advised Carmila in the context of the acquisition of shopping centres in France and in Spain

09 Dec 2014

Clifford Chance advised Carmila on a new project comprising two components. In France, the acquisition by Carmila, for a total price of 931 million Euros, of regional shopping centres owned by Unibail-Rodamco and adjacent to Carrefour shops.

In Spain, the acquisition by Carmila from Carrefour of real estate assets for a total price of 182 million Euros.

This new project, with a total of EUR 1.1 billion, was financed through a capital increase subscribed by the shareholders of Carmila and bank financing.