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Asset Sale: Acquiror's Counsel

Greenberg Traurig advised Taiyo Nippon Sanso Corporation on the acquisition of Praxair's European industrial gases business for approximately EUR 5 billion

07 Jul 2018

Greenberg Traurig advised Japanese industrial gas producer Taiyo Nippon Sanso Corporation (TNSC) and its subsidiary Matheson Tri-Gas (MTG) on the acquisition of Praxair's European industrial gas business. The transaction expands TNSC's global presence and represents its entry into the European market. The purchase price amounts to approximately EUR 5 billion.

Clifford Chance advises Sofidy on acquisition of retail property in Freiburg

07 Jul 2018

France-based fund company Sofidy has acquired a retail property in Freiburg im Breisgau for its real estate fund Immorente. International law firm Clifford Chance has again advised Sofidy on this transaction.

The retail property is located north of Freiburg's old town in the city's largest industrial and commercial area. Offering 10,000 square meters of space and 130 parking spaces, the property is fully let to furniture discounter Roller and McDonald's.

Linklaters advises NIAM on the acquisition of 4 office buildings from Skanska

07 Jul 2018

Linklaters has advised NIAM on the acquisition of 4 office buildings from Skanska the 18,000 square meter Green2Day office building in Wroclaw, the seven-storey, 21,500 square meter Nowa Fabryczna office building in Lodz and the first two buildings of the High5ive complex in Krakow, consisting of five office buildings with a total leasing area of about 70,000 square meters. Legal work included advising on real estate, corporate, IP and copyright, zoning and construction law related matters as well as on the financing of the acquisition structure and tax related advice.

Greenberg Traurig advised FPE on the acquisition of four logistics facilities in Germany

05 Jul 2018

Greenberg Traurig advised Frasers Property Europe (FPE) on the acquisition of four logistics facilities in Saarland and Baden-Wurttemberg, Germany, by way of an asset deal. The portfolio was sold by five indirect subsidiaries of SEGRO European Logistics Partnership S.à r.l. The parties have agreed to keep the purchase price confidential.

Greenberg Traurig advised Tecnoquímicas on the acquisition of the MK generics business from Bayer in Central America and the Caribbean

05 Jul 2018

Greenberg Traurig advised Tecnoquímicas on the acquisition of Bayer AG's generics business distributed under the "MK" brand in Central America and the Caribbean. The transaction included the pharmaceutical plant Boníma located in El Salvador. The purchase price amounts to approximately EUR 44 million.

White & Case Advises Goldman Sachs on Acquisition of Finnish Office Property Portfolio

05 Jul 2018

Global law firm White & Case LLP has advised Goldman Sachs on the €108.5 million acquisition by Goldman Sachs and Cromwell Property Group of a portfolio of 24 office properties and three plots in the Helsinki Metropolitan Area from IVG Polar Oy.

The total gross lettable area of the portfolio amounts to approximately 132,000 square metres, and the properties are currently let to more than 360 tenants.

Invesco Real Estate Acquires Leonardo Royal Munich

04 Jul 2018

Frankfurt - Paul Hastings LLP, a leading global law firm, announced today that it has advised Invesco Real Estate, the global real estate investment manager, on the acquisition of the Leonardo Royal Munich with 424 rooms from the Israeli hotel operator Fattal Group. The purchase price for the 4-star hotel amounts to €157 million. The transaction also included the negotiation and conclusion of a long-term lease agreement for the hotel with its current and new operator.

Ashurst advises Foresight on the acquisition of a portfolio of five operational AD plants in Germany

04 Jul 2018

Ashurst advised the Foresight Group (Foresight), a leading infrastructure and private equity investment manager, on the acquisition of all shares in a portfolio of five operational anaerobic digestion (AD) plants from the Lindhorst Gruppe (Lindhorst), a German family-owned group of companies. With the acquisition, Foresight strengthens its renewable energy portfolio to 20 AD plants in the UK and Germany, generating 154 MW of clean renewable energy.

Heuking advises Warburg-HIH Invest on the acquisition of a portfolio with five specialty retail centers

03 Jul 2018

A team led by Hamburg-based partner Dr. Sönke Görgens advised Warburg-HIH Invest Real Estate GmbH on the acquisition of five specialty retail centers for the open-end special fund “Perspektive Einzelhandel: Fokus Nahversorgung.” The purchase price of the specialty stores with a total rental space of 43,000 square meters is in excess of EUR 100 million. Patrizia subsidiary Rockspring Property Investment Managers LLP is the seller.