Linklaters has acted for CBRE Global Investors European Shopping Centre Fund (CBRE Global Investors ESCF), on the acquisition of Galeria Mazovia shopping centre in Plock.

The Linklaters Warsaw has been involved in and advised on all aspects of the transaction, from structuring, through the due diligence, drafting and negotiating the transaction documents, financing-related issues, up to the successful closing and funding. Linklaters provided tax advice as well.

The Firm is representing Blackstone Real Estate Partners VII in connection with the acquisition of 76 shopping centers owned by American Realty Capital Properties, Inc. (NASDAQ: ARCP) in a transaction valued at $1.975 billion. The 16.4 million square foot portfolio consists of prime power centers in Los Angeles, Houston, Denver, Chicago, Atlanta, Washington, D.C. and Phoenix. The transaction is expected to close in the third quarter of 2014.   Blackstone is forming its third joint venture with DDR Corp. (NYSE: DDR) to complete this transaction.

Ekistics Property Investors 1 LP (the "Ekistics Fund"), a real estate investment fund focused on direct, intermediate capital and senior debt investments throughout the UK and Europe, has completed the acquisition of the London Mowbray Court Hotel for approximately £16 million.

Olswang has advised LDC backed premium restaurant group D&D London Limited, which owns over 30 restaurants in London, Leeds, Paris, New York and Tokyo, on its purchase of the highly profitable rooftop venue Madison Bar and Restaurant, at London's One New Change.

The deal was led by Olswang's leading leisure team and is the first corporate deal the firm has acted on since acting for D&D and its management when LDC took control of the group last year.

RPC has acted for new client Triumph Group, Inc. on the acquisition of GE's hydraulic actuation business. The transaction was a cross-border deal, with the target business operating in the US, the UK and the Isle of Man. RPC worked closely with Triumph's US counsel, Ballard Spahr, on the transaction, which is expected to close within the next two months. It will be included in Triumph's Aerospace Systems Group.

DWF has advised Whitbread plc, the multinational hotel and restaurant group, on the acquisition of all nine sites for its 'hub by Premier Inn' hotel brand. The sites include seven in London – St. Martin's Lane, Kings Cross, Spitalfields, Goodge Street, Great Tower Street, Shoreditch and St Swithins Lane – and two in Edinburgh, Caltongate and Rose Street.

Royalton Group, the global luxury property developer, is delighted to confirm the purchase of one of the most desirable sites in the USA in the exclusive Town of Palm Beach for $43.5million.

Slaughter and May is advising Legal & General Property on the acquisition and forward funding of a new 940,000 sq. ft. Waitrose distribution centre at Magna Park, Milton Keynes. The building will be developed by Gazeley and will become one of the UK’s largest distribution centres. Legal & General Property is acquiring the property subject to and with the benefit of an agreement for lease with Waitrose, who will take a 30 year occupational lease following practical completion of the building.

CONTACTS

Olswang has advised Quintain Estates & Development on its acquisition of the units in the Aldermary House Unit Trust, which owns the leasehold interest in Aldermary House, 10-15 Queen Street EC4, for £40.0 million in cash (before rental top-up adjustments).

The ten storey building is centrally located in the City of London opposite Bloomberg Place, the construction site of Bloomberg's new London headquarters, which is scheduled to open in September 2016 and will contain a new entrance to Bank Underground Station.

Ashurst advised HIH Hamburgische Immobilien Handlung GmbH (HIH) on the acquisition of new Philips Germany headquarters in Hamburg and of the recently completed Siemens logistics centre in Krefeld. HIH acquired the commercial properties on behalf of an institutional investor. Both properties were sold by Hamburg-based real estate developer ECE.