Simmons & Simmons renewables team is currently advising Europe’s largest solar asset manager, NextEnergy, on the listing of a newly incorporated Guernsey company, NextEnergy Solar Fund. The Fund will look to raise £150 million ($205 million) through a premium listing on the London Stock Exchange main market early this year.
Mayer Brown advised Curzon Capital Partners III on the acquisition of a shopping center in the German town of Witten in North Rhine-Westphalia from inter alia CONCEPTA Projektentwicklung and Westdeutsche ImmobilienBank. Curzon Capital Partners III is a fund advised by pan-European real estate investment manager, Tristan Capital Partners.
Wragge & Co's Real Estate team has advised a consortium of developers on a major land purchase earmarked for the development of a new market town in the South West of England.
A team led by partner John Dixon advised Taylor Wimpey, Linden Homes and Bovis Homes on the acquisition of 1,200 acres of land near Plymouth. Planning permission has been granted for the development of the new town of Sherford which, when completed, will contain 5,500 homes, schools, recreational facilities and a place of worship.
Shoosmiths real estate specialists have advised McKay Securities PLC on the £6m freehold purchase of 1 Crown Square, Woking. The national law firm acted for the real estate investment trust (REIT) on the acquisition of the mixed use office and retail property, in Surrey.
Shoosmiths' partner Alan Corcoran advised McKay Securities PLC and was assisted by associate Simon Shoefield and solicitor Georgina Watt (Real Estate), associate Claire Ball (Employment) and solicitor Aaron Richardson (Planning).
Ashurst has advised Northern Star Resources Limited (Northern Star) as the buyer, in the A$25 million acquisition of Barrick Gold's Plutonic gold mine and associated assets, located in Western Australia.
As part of the acquisition, Northern Star will also acquire a three million tonnes per annum processing plant, an underground mobile fleet, a 15 Mega-Watt (MW) gas fired power station, an 8MW diesel back up station and a 600-person accommodation village.
Ashurst advised Greenland Group, a major Chinese state-owned real estate developer, on the purchase of the Ram Brewery site in Wandsworth, south-west London, from Minerva. The site is to be redeveloped and will comprise circa 661 homes, including a 36-storey residential tower, as part of a £600 million, 100,000 sq ft scheme that will also include retail, restaurants, bars and a microbrewery.
Wong & Partners, a member firm of Baker & McKenzie International in Malaysia, advised 1Malaysia Development Bhd. ("1MDB") on its RM1.225 billion acquisition of a 75 percent stake in the company that owns the Jimah power plant, an independent power producer ("IPP"), and 100 percent of the company providing operation and maintenance services to the power plant.
Ashurst advised LGC, an international life sciences company (majority-owned by funds managed by private equity group Bridgepoint) on its acquisition of Dr Ehrenstorfer GmbH and the Laboratory Dr. Ehrenstorfer-Schafers.
Dr Ehrenstorfer is an internationally leading producer of pesticide and other organic reference materials with seat in Augsburg, Germany; it offers an extensive range of products including a number of very specialized materials, to the residue analysis and environmental testing market.
International law firm Stephenson Harwood has advised VietJet Air, on the purchase of aircraft engines for up to 46 CFM 56 aircraft engines worth (at catalogue prices) up to US$800 million from CFM International S.A. to be installed on 20 CEO (Current Engine Options) Airbus aircraft.
The Memorandum of Understanding for the transaction was signed in Hanoi on Monday 16 December in the presence of US Secretary of State John Kerry during his visit to Vietnam.
Dentons’ Berlin office has advised the Berlin-based BEOS AG on the acquisition of Dock 100 for a group of investors. Dock 100 is a project development located at Borsighafen in Berlin-Tegel. It has a total area of 80,300 square meters and a rentable area of approximately 91,450 square meters. The historic property is used as a technology, commercial, manufacturing and logistics park and is partly protected as a listed historic monument. Amongst others, Dock 100 is home to the manufacturing facilities of PCS Power Converter Solutions, a company in the area of energy conversion.