Hong Kong & Beijing – Paul Hastings LLP, a leading global law firm, announced today that the firm has represented SCPG Holdings Co., Ltd, a leading shopping mall owner, developer and operator in China; China Vanke Co., Ltd., a leading urban and rural construction and residential service provider; and Triwater Asset Management Holdings Limited, an affiliate of leading Chinese private equity firm HOPU Investment, in the formation of an offshore consortium for the purpose of acquiring a large-scale Chinese real estate portfolio from CapitaLand Mall Asia Limited, a wholly owned subsid

Ashurst has advised the investment manager GEG German Estate on the acquisition of the 'Garden Tower' located in the Frankfurt banking district by way of share deal. According to media reports the purchase price was approximately €275m. The seller was Tristan funds Curzon Capital Partners, who had acquired the building for €175m three years ago.

Ashurst has advised RFR Holding GmbH on the acquisition of the office complex 'Rosenthaler Höfe' in Berlin-Mitte from DIC Asset AG. The building was part of the starting portfolio of the specialized real estate fund DIC Office Balance I, which was established in 2010. The exact purchase price was not disclosed but the transaction value was in the three-digit million range. The office building with more than 13,000 square meters of rental space is fully let to the global leader in enterprise software SAP. Ashurst has repeatedly advised RFR.

Leading international law firm Clifford Chance has provided comprehensive legal advice to Korean Hyundai Asset Management Co., Ltd. ("Hyundai") on its acquisition of the former corporate headquarter of Lufthansa in Cologne-Deutz by way of a share deal. The seller is a real estate fund managed by M&G Real Estate.

The property, with a rental area of around 20,400 square metres, is leased for 15 years to Bundesanstalt für Immobilienaufgaben, which in turn sublets it to Bundesamt für Familie und zivilgesellschaftliche Aufgaben.

Bird & Bird's Finnish team advised HYY Group on its acquisition of the historical Seurahuone building from Sponda, a major property investor held by Blackstone. The Bird & Bird team was led by Managing Partner in Finland, Jaakko Hietala.

Diok RealEstate AG, a client of Heuking Kühn Lüer Wojtek, acquired a real estate portfolio consisting of six properties in Hattingen, Bochum, Neuss, Ulm, and Freiberg am Neckar. The properties have a total area of some 32,200 square meters and a market value of EUR 52.75 million. The properties were acquired in a share deal, thus by the acquisition of the property companies holding the properties. The purchase price payment served to repay the seller’s previous financing.
 

The Paris office of the international law firm Simmons & Simmons advised Gazeley, GLP's European platform, on the acquisition of a logistics fleet of three warehouses.

The three assets consist of two warehouses of 20,000m² each, and a 42,000m² warehouse, strategically located in the town of Saint-Martin-de-Crau, between the A7 and A54 motorways. This allows quick and easy access to the port of Marseille, near to which lies Gazeley’s, hitherto sole, warehouse in Fos-sur-Mer, measuring 24,000m².

        Latest example of the work of Baker McKenzie in advising Emerson Electric Co. on a complex carve out transaction
        Representative of the current trend in the industrials sector to acquire IIOT and automation technology to optimise manufacturing and production processes

Generali Real Estate has acquired the prime high-street property Købmagergade 39 from a private investor. The property spreads over a total surface of 1.700 sqm.

The transaction marks the first direct asset acquisition ever closed by the company in the Nordics real estate market. The property was built in 1780 and has recently been fully refurbished, and the retail area is fully let to Beauty by Boozt.