Slaughter and May is acting for Shahid Khan in respect of his offer to purchase Wembley Stadium from The Football Association.

Contacts

Real Estate: Jane Edwarde (partner), Tom Inker (associate); Corporate: Nigel Boardman (partner), Hemita Sumanasuriya (associate)

Leading international law firm Hill Dickinson has advised property developer Qualis Residential Developments Limited on a significant new residential-led development in Sheffield. The firm advised on the acquisition of the land at Chatham Street and secured the development finance facility for the Great Central project.

Slaughter and May is advising Vodafone Group Plc (Vodafone) on the proposed acquisition of certain operations of Liberty Global (Liberty). Vodafone has agreed to acquire Unitymedia GmbH in Germany and Liberty Global’s operations (excluding its “Direct Home” business) in the Czech Republic, Hungary, and Romania, for a total enterprise value of €18.4 billion. This is expected to comprise approximately  €10.8 billion of cash consideration paid to Liberty Global and €7.6 billion of acquired existing Liberty debt, subject to completion adjustments.

Clifford Chance advising Aldar Properties on its AED 3.7 billion acquisition of real estate assets from TDIC
One of the largest ever real estate M&A deals in the Middle East

Clifford Chance is advising Aldar Properties PJSC (Aldar Properties), a leading listed property development, investment and management company based in Abu Dhabi, on its acquisition of a portfolio of real estate assets from Tourism Development and Investment Company PJSC (TDIC) worth AED 3.7 billion; one of the largest real estate acquisitions in the history of the Middle East.

Lawyers from the Greenberg Traurig Warsaw office advised Madison International Realty in connection with the acquisition of 50% of the Warsaw Spire A office building and a joint-venture agreement with Ghelamco Group.

The Warsaw Spire A office building is a 220-meter tower with a hyperboloid glass facade. The Warsaw Spire retail-office complex also includes two auxiliary buildings, Warsaw Spire B, together with the futuristic Genesis restaurant building, and Warsaw Spire C.

Our Italian real estate team advised BNP Paribas REIM on the acquisition of Viale Stelvio 55, a Class A office complex located in the CBD of Milan. Purchased through a €42 million investment, on behalf of its real estate fund Fundamenta, the 161,000 square foot property is fully leased, has state-of-the art features and is easily accessible by public transit.

The team was led by partner Emanuela Molinaro and included associate Christian Turotti.

Herbert Smith Freehills has advised Acciona on its successful bid to acquire one of Australia’s largest solar projects, the 265MW(AC) Aldoga solar farm in Gladstone, Queensland.

Acciona will develop, finance, construct and operate the solar farm through a 30-year lease with the Queensland State Government.

The substantial scale of this project will also contribute significantly to the Queensland Government’s target of achieving 50 per cent renewable energy by 2030, and will support up to 240 construction jobs and 10 ongoing jobs upon completion.

Bird & Bird advises Swedish agricultural cooperative Lantmännen as Raisio plc divests its cattle feed business to Lantmännen.

Raisio has signed an agreement to sell its cattle feed business to Lantmännen Agro Oy. The enterprise value is EUR 34 million and the arrangement will be conducted as a share transaction. Raisio’s cattle feed business is expected to transfer to the new owner during September 2018. The completion of the deal requires an approval from the Finnish competition authorities.

Macfarlanes has advised French real estate investment company Foncière des Régions’ hotel subsidiary Foncière des Murs on the purchase of 14 four and five-star hotels for £858m from American investment firm Starwood Capital.

This acquisition will give Foncière des Régions a presence in the UK and follows recent ventures into the German and Spanish markets in line with the company’s strategy for geographical diversification. 

We acted as legal advisor to the Fennica Toimitilat I Fund, managed by Fennia Asset Management Ltd, in its acquisition of the shares of a mutual real estate company. A commercial real estate known as shopping centre Vihtori, located in the centre of Kuopio, was transferred in the transaction.