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Asset Sale: Acquiror's Counsel

Greenberg Traurig Represented ISOC Group in Acquisition of Most Expensive Office Building in Gdansk

11 Mar 2019

WARSAW - March 8, 2019 - The Warsaw office of Greenberg Traurig, LLP represented ISOC Group, a Manila-based (Philippines) investor in the acquisition of the Argon building in the Alchemia office complex in Gdansk. The transaction is one the largest investment in the history of Gdansk region office market.

"Being part of this tremendous success and gaining the trust of a new client is another step towards strengthening our leading position and recognition among real estate investors from Asia," said Radomil Charzynski, Partner at the Warsaw office of Greenberg Traurig.

Shakespeare Martineau advises Belmont Healthcare on acquisition of care home

11 Mar 2019

Our healthcare team has helped complete the acquisition of Haslington Lodge care home, in Kent, by care service provider, Belmont Healthcare. The acquisition is worth in excess of £2 million.

Dignity and respect are core principles at Belmont Healthcare. The business provides high-quality care to those who are most vulnerable, and specialises in looking after people with dementia and Parkinsons.

Haslington Lodge is a semi-purpose-built home that supports residents with constant care of a non-nursing nature. It has 46 bedrooms, many of which are en-suite.

Norton Rose Fulbright advises Real I.S. on the acquisition of an office property at Hamburg’s Rödingsmarkt

11 Mar 2019

Global law firm Norton Rose Fulbright has advised Real I.S., BayernLB's, a fund service provider specializing in real estate investments, on the acquisition of an office building in Hamburg located at Rodingsmarkt for its thematic fund called Themenfonds Deutschland II.

The multi-tenant property, revitalised and comprehensively extended in 2011, with a total rental area of around 7,800 square metres and 24 underground parking spaces, is virtually fully let.

Gateley advises Dr. Oetker group on its purchase of Alsa baking and dessert business

08 Mar 2019

The Leeds office of Gateley Plc, the legal business of law-led professional services group Gateley, has advised multinational baking and cookery business, Dr. Oetker, on its purchase of the Alsa baking and dessert business from Unilever, represented by Mayer Brown.

The deal has completed for an undisclosed sum, following French Competition Authority approval, and sees Dr. Oetker further expand its current brand offering, including the purchase of the Alsa manufacturing unit in Ludres, France.

Proskauer Represents Accor in Acquisition of Tribe, Australia’s First Integrated Modular Hotel Brand

07 Mar 2019

March 5, 2019 (New York) – International law firm Proskauer advised longtime client Accor in its recent acquisition of Tribe, Australia’s first integrated modular hotel brand. The deal represents a further expansion of the Firm’s relationship with Accor and the reach of our global Private Equity Real Estate Group, which recently has completed brand-level deals in North and South America, Asia and Australia.

Domicil acquires residential complex in Munich’s Johanneskirchen district

06 Mar 2019

A team led by Dr. Peter Vocke, Partner at Heuking Kuhn Luer Wojtek, advised Domicil Real Estate Group on the acquisition of a residential building in Munich's Johanneskirchen district as part of a share deal. The building will be a part of the asset and portfolio manager's own portfolio. The residential complex has been sold by a family office. The parties have agreed not to disclose the purchase price.
 

CMS AD­VISES VAL­OR REAL ES­TATE PART­NERS ON EN­TER­ING THE GER­MAN MAR­KET

06 Mar 2019

Berlin – Valor Real Estate Partners LLP, a pan-European logistics real estate investor, has acquired a logistics complex with a total area of more than 16,000 square metres in the port of Neuss. The property comprises two distribution warehouses close to a major network of motorways, railway lines and waterways. The location offers tenants a direct link to the neighbouring city of Düsseldorf and the densely populated Rhine-Ruhr conurbation.

CMS AD­VISES LUX­CARA ON AC­QUIS­I­TION OF 100 MW WIND FARM PRO­JECT IN FIN­LAND

01 Mar 2019

Hamburg – Asset manager Luxcara has acquired the Finnish onshore wind farm project Välikangas from the developer, ABO Wind AG. The wind farm in northern Finland has a planned total installed capacity of 100 megawatts and is scheduled to become operational in summer 2020. The purchase price was not disclosed.

Multi-Office Greenberg Traurig Team Represents Cromwell European Real Estate Investment Trust in Pan-European Acquisitions

28 Feb 2019

LONDON - 27, February 2019 - A team from the London, Warsaw, and Amsterdam offices of global law firm Greenberg Traurig, LLP represented Cromwell European Real Estate Investment Trust (CEREIT), through its subsidiaries, on its acquisition of 16 predominantly freehold office properties in Poland, the Netherlands, and Finland, with the total purchase consideration for the portfolio being EUR 324 million.