Hogan Lovells has advised the affiliates of Kuwait Petroleum International on an agreement for the acquisition of shares in the companies containing the Retail, Supply & Distribution, Logistics and Aviation businesses of Shell in Italy.
Freshfields Bruckhaus Deringer has advised Brightoil Petroleum Holdings Limited (Brightoil) on the US$1.075bn acquisition of an Anadarko subsidiary operating in China, from a wholly-owned subsidiary of Anadarko Petroleum Corporation.
The acquisition took place through Brightoil Petroleum’s indirect subsidiary, Win Business Caofeidian Limited.
The acquisition sees Brightoil, a leading private Chinese energy company, acquire a participating interest in two oil producing blocks in western Bohai Bay, at a base purchase price of US$1,075,000,000.
Leading UK law firm Burges Salmon has advised investment company Bluefield Solar Income Fund on its acquisition of a solar farm in Swindon for a total investment consideration of £21 million.
The Burges Salmon team, which acted for Bluefield on the conditional contract into which it has entered to purchase the 19MW plant, provided it with a range of advice comprising banking, real estate, construction, corporate and environment & planning.
rwin Mitchell’s real estate team has advised key client Gazeley on the purchase of a 281,000 sq ft distribution warehouse at Wakefield Europort, West Yorkshire’s premier distribution park for around £11m.
The building, which will be known as G. Park Wakefield Europort, is the largest logistics warehouse currently available on the site and is immediately adjacent to the M62 motorway. The unit is currently being refurbished with completion expected in April 2014.
Invesco Real Estate (IRE) has acquired the Prager Carrée housing project in Dresden from Revitalis Real Estate AG. The 6–7-storey Quartier Prager Carrée occupies a prime location in Dresden city centre, directly on Wiener Platz and at the southern end of Prager Straße. It comprises some 32,000 square metres of floor space. The plans include several buildings with a total of 241 apartments, plus retail and commercial space covering around 5,900 square metres, spread over several levels.
We advised Trinity College on their acquisition of Dunsfold Park near Cranleigh in Surrey at a total cost of just over £50 million. The College, through its subsidiary Dunsfold Airport Limited, has entered into asset management and promotion agreements with the former managers, Rutland Group, to manage and develop the 900 acre estate. Dunsfold Park is the largest brownfield site in the Borough of Waverley and consists of a 516 acre airfield, 65 acres of commercial space and 30 acres of land allocated for a solar farm and an anaerobic digestion plant.
Watson, Farley & Williams has advised SUSI Sustainable Euro Fund I, a renewable energy fund advised by SUSI Partners AG in Switzerland, on the acquisition, in joint venture with Plenium Partners S.L., of two ground-mounted PV plants, located in the Municipalities of Montalto di Castro (Province of Viterbo, Lazio Region) and Castel Giorgio (Province of Terni, Umbria Region) respectively, from Spanish company Nova Feina S.L. (“Nova”).
A cross border team from Norton Rose Fulbright advised Baytex Energy Corp. (TSX, NYSE: BTE) on its proposed acquisition of Aurora Oil & Gas Limited (TSX: AEF, ASX: AUT).
Baytex has this morning entered into a scheme implementation deed to acquire 100% of the shares of Aurora for A$4.10 cash per share via scheme of arrangement. Baytex announced at the same time a $1.3 billion bought deal equity capital raising and an increase in its credit facilities.
Clifford Chance advised SEGRO European Logistics Partnership ('SELP') on the acquisition of a portfolio of prime logistics assets and development land in Germany, Poland and France for €472 million. The portfolio comprises 14 prime modern logistics assets (ten in Germany, three in Poland and one in France) covering approximately 679,000 sq m of lettable space.
Clifford Chance advised SEGRO plc on the formation of the joint venture in October 2013 and the sale of the seed portfolio comprising €974 million of logistics assets and land by SEGRO plc to the joint venture.
DLA Piper has advised St James's Place UK plc and the St James's Place Property Unit Trust on the purchase of Richmond Riverside from a fund owned by JP Morgan. The purchase price was in excess of £64m.
Overlooking the Thames, Richmond Riverside is a unique mix of residential, retail and office space in south-west London, combining classical architecture with contemporary interior design.