International law firm Olswang has advised Quintain Estates & Development on its acquisition of a 21 year leasehold interest in Kingsbourne House at 229-232 High Holborn and part of the adjacent 226 High Holborn for £13.7 million in cash.

Kingsbourne House is a recently refurbished office building situated in a prominent location with excellent transport links. Completion is subject to the landlord's consent, not to be unreasonably withheld, and is targeted to occur within three weeks.

European law firm Field Fisher Waterhouse has advised Millennium & Copthorne Hotels (M&C) on its proposed £65m acquisition of the Chelsea Harbour Hotel.

Herbert Smith Freehills has advised Arkema (China) Investment Co. Ltd., the Chinese arm of France's leading chemical producer Arkema, on its RMB3.9 billion (US$644 million) stake acquisition in the production facilities of Taixing Jurong Chemicals Co. Ltd.

Slaughter and May is advising Legal & General Property on the acquisition and forward funding of a new 125,000 sq. ft. office building, including ground floor retail and leisure space, at One New Bailey, Salford. The building forms part of the development of the New Bailey Scheme, which itself forms part of the wider regeneration of Salford Central, which aims to provide 2.37 million sq. ft. of commercial space, 849 new homes and 390 hotel rooms.

Slaughter and May advised Legal & General on the acquisition of 13 care homes from Prestbury Investments, for a total purchase price of just over £70 million. The portfolio consisted of 12 freehold properties and one long leasehold property and the homes are let to Methodist Homes ('MHA'), a leading care home provider.

Legal & General has lowered the current rents for 13 care homes by providing MHA with long term stable financing, with leases that have annual RPI-linked rent reviews, creating stability and certainty.

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Trowers & Hamlins has advised Lembaga Tabung Haji, the Malaysian Hajj pilgrims fund and existing client of the firm, on the purchase and Shari'ah-compliant financing of Unilever House in Leatherhead for circa £76 million.

The purchase and financing was structured by way of a corporate acquisition and involved Trowers & Hamlins teams in Malaysia and London, including Corporate, Commercial Property, Banking and Finance, Tax and Projects and Construction.

Watson, Farley & Williams has advised ewz, Zurich Municipal Electric Utility, (“ewz”) on the acquisition of shares in offshore wind farm “Butendiek” in the German North Sea.

Through its subsidiary ewz (Deutschland) GmbH, ewz acquired a 49 per cent share in wpd Butendiek Beteiligungs GmbH, which owns a 10 per cent share in the wind farm’s project company. The remaining shareholders of the project company are German project developer wpd AG (“wpd”), the private equity fund Marguerite, CDC Infrastructure, Siemens Financial Services and a group of Danish pension funds.

Paul, Weiss client Hemisphere Media Group, Inc. announced that Hemisphere Media Holdings, LLC, its indirect wholly owned subsidiary, has entered into a definitive agreement to acquire three Spanish-language cable television networks, Pasiones, Centroamerica TV and TV Dominicana, from Media World, LLC, a company fully owned by Imagina US, a major content and service provider in the Hispanic market, for approximately $102.2 million in cash, subject to certain post-closing adjustments. The acquisition is structured as an asset purchase and is expected to be funded with cash on hand.

King & Wood Mallesons SJ Berwin has advised Invesco Real Estate on the acquisition of the Queensgate Shopping Centre in Peterborough. The property was bought from property giant Hammerson and insurance firm Aviva Investors for just over £200 million and was in part acquired with debt financed by Aareal.

The 83,300 sq m Queensgate mall, which was built in 1982, holds over 100 shops with tenants spanning from John Lewis, M&S and Primark.

Macfarlanes has advised Kew Green Hotels, on the acquisition of four Holiday Inn hotels from Stardon Capital Investments and their related debt.

The four hotels are located in Brighton, Norwich, Leeds and East Kilbride and are branded Holiday Inn.

Kew Green Hotels now operate 31 hotels across the UK under 6 major brands: Holiday Inn, Holiday Inn Express, Crowne Plaza, Days Hotel Ramada and Courtyard by Marriott.  They also operate The Richmond Hill Hotel, a four star property in South West London.