International law firm Stephenson Harwood LLP has advised Tristan Capital Partners on a joint venture between CCP III, a fund advised by Tristan Capital, and CapMan Real Estate to purchase the Pfizer AB headquarters in Stockholm, Sweden. The sale and leaseback was valued at SEK 166 million.
Squire Sanders has advised JD Sports Fashion Plc on the acquisition of the business and assets of Cloggs (UK) Limited from its administrators for an undisclosed sum.
Cloggs is an online retailer of branded footwear based in Birmingham. It sells brands including Dr Martens, Fitflop, Converse, Vans and Hunter. The business will continue to be based in Birmingham and the current management team is being retained.
Clifford Chance has advised the joint venture between RREEF Investment GmbH (RREEF) and an investment partner on the sale and leaseback of The Co-Operative Group headquarters at One Angel Square, Manchester for £142.3m.
This landmark building forms part of the £800 million NOMA development project to transform 20 acres of Manchester City Centre into 4 million sq ft of office, retail, residential and leisure space and the deal marks the first letting on the NOMA estate.
Clifford Chance advised the Carlyle Group, a U.S. private equity investor, on its acquisition of the Karstadt department store at Bahnhofstrasse 14, Esslingen/Germany on behalf of its CEREP III fund. The property was sold by the Highstreet consortium and the Stuttgart-based Nanz Group. The transaction was conducted as a joint venture between Frankfurt-based Projektentwicklung Baumanagement Gesellschaft mbH (PBG) and 3W Immobilien.
Ashurst has advised Australia Conglin International Investment Group Pty Ltd (Conglin) on the entering into a number of transactions with Northern Minerals Limited (NTU), including the acquisition of a cornerstone interest in a large scale Heavy Rare Earth Project and the underwriting of rights issue.
Conglin has entered into the following transactions with NTU which will secure funding to enable NTU to advance its Browns Range Heavy Rare Earth Project:
Trowers & Hamlins has advised Aviva Investors on four significant affordable homes deals over the last 18 months with a combined value of £89 million.
Leading international law firm SJ Berwin has advised private equity firm Lion Capital on the acquisition of British based hair styling brand ghd.
ghd, which stands for good hair day, sells professional hair styling irons with celebrity customers including Katy Perry, Madonna and Jennifer Aniston. Based in the UK, the company also has international operations throughout Europe, Australia, South Africa and the USA.
Watson, Farley & Williams (“WFW”), a leading international law firm, has advised Obton A/S, a Denmark-based investment company, on its first investment in photovoltaics in Italy.
Advice provided by WFW included the incorporation under Italian law of several special purpose vehicles and the acquisition of PV plants located in different Italian regions with a total capacity of approximately 15MW. The investment has been implemented through five separate share deals involving the Italian and foreign owners of the PV plants.
Allen & Overy Paris advised the Thai stationer Double A, on the acquisition of an industrial site in Alizay in conjunction with the Department of Eure.
Linklaters has advised a group of investors, consisting of Marguerite Fund, Siemens Financial Services, Industriens Pensions and PKA, on the acquisition of a majority stake in and financing of an offshore wind farm in the German North Sea. The Butendiek project will be built with 80 Siemens turbines of the SWT 3.6-120 class resulting in a total installed capacity of 288 megawatt. The wind farm is situated in the German North Sea, some 32 km to the West of the island of Sylt. The total investment volume is approx. € 1.3 bn.