The Primonial group, on behalf of a managed vehicle bringing together institutional investors, announced that it has entered into exclusive negotiations in order to take a     50% participation in a healthcare real estate portfolio in Germany, owned by Medical Properties Trust (REIT). The property complex, made up of 71 healthcare facilities, is valued at more than 1.635 billion euros.

Completion of the transaction is subject to conditions precedent and is expected to occur during the third quarter of 2018.

London—Dentons has advised Ho Bee Land Limited, the Singaporean real estate development and investment company, on the £650 million acquisition of Ropemaker Place, a multi-let trophy office building at 25 Ropemaker Street, London EC2.

To complete the deal, Ho Bee Land's wholly-owned subsidiary, Grandeur Property Investments Ltd, acquired a Luxembourg owned entity (FPS) which owns Ropemaker Place. AXA Investment Managers - Real Assets is the manager of FPS.

International legal practice Osborne Clarke has advised The Renewables Infrastructure Group Limited (“TRIG”) on its acquisition of Solwaybank, an onshore wind farm located in Dumfries and Galloway, Scotland.

Solwaybank is in the early stages of construction and expected to become operational in Q1 2020. Once complete, Solwaybank will comprise 15 Senvion MM100 wind turbines, each with a rated capacity of 2.0MW, amounting to 30MW.

The Caravan and Motorhome Club has announced its second deal so far in 2018 with the acquisition of Bingham Grange Touring & Camping Park.

Purchased for an undisclosed figure, the Bingham Grange Touring & Camping Park adds to the organisation’s network of award winning sites on the South Coast of England. 

Located in Dorset and just a few miles from West Bay and Bridport seaside towns, the site has 105 pitches for touring caravans and an additional 37 pitches for tents.

Ashurst has advised the University of Queensland (UQ) on the acquisition of the approximately 64 MW AC (78 MWp) Warwick Solar Farm, located outside Warwick in the Southern Downs region of south west Queensland.

The Warwick Solar Farm will make UQ the first major university in the world to offset 100 per cent of its electricity usage through its own renewable energy asset, and will make university energy neutral by 2020.

Clifford Chance has advised a wholly-owned indirect subsidiary of CK Asset Holdings Limited on the £1 billion acquisition of 100% of 5 Broadgate, London from British Land and GIC. The landmark building which is located in the heart of the City of London was developed in 2015 and covers more than 700,000 sq ft. 5 Broadgate is the UK headquarters of UBS who are committed to the building until 2035.

Commenting on the transaction, lead Partner Nick Rees said:

Eversheds Sutherland has advised Cantor Fitzgerald Europe (as Nomad and Joint Bookrunner) and Macquarie Capital (Europe) Limited (as Joint Bookrunner) in connection with the acquisition by Atlantis Resources plc of SIMEC Uskmouth Power Limited from SIMEC, a member of the GFG Alliance and an associated £20 million equity fundraising.

The acquisition constitutes a reverse takeover under the AIM Rules for Companies. As such, both the acquisition and the fundraising are subject to the approval of Atlantis shareholders, to be sought at a general meeting on 13 June 2018.

LONDON – Global law firm, Reed Smith has advised the Reuben Brothers on the £300 million acquisition of Burlington Arcade London, from Thor Equities and Meyer Bergman.

Opened in Mayfair in 1819, the arcade constitutes approximately 37,000 square feet of retail space and a combined frontage of more than 1,100 feet.