Dentons has advised INTERNOS Spezialfondsgesellschaft on the acquisition of a nursing home property from FFB Projektentwicklung GmbH for their special asset Care Invest I.

The Wohlbehagen am Schlossberg nursing home is located in Hagen-Hohenlimburg, North Rhine-Westphalia. It has a total lettable area of approximately 4,700 sq.m., and includes80 single rooms and ten assisted living apartments. The object was built in 2017 on about 5,000 sq.m. of land and is already leased for 24 years to care provider Wohlbehagen.

Schulte represented Veritas Capital and its affiliates in their acquisition of GE Healthcare’s enterprise financial management, ambulatory care management and workforce management assets comprising its value-based care division for $1.05 billion in cash. Veritas is a leading private equity firm that has made the healthcare technology space a key area of focus. Harnessing data and analytics across hardware, software and biotech, GE Healthcare is the $19 billion healthcare business of GE.

DLA Piper has advised the globally operating Tentamus Group on its acquisition of food analysis laboratories from the TÜV Rheinland Group in China and Taiwan. The company has signed an agreement to take over all food-related businesses from TÜV Rheinland. The acquisitions in China and Taiwan were concluded after clarification of the customary closing conditions and regulatory approvals in the third quarter of 2017.

Global law firm Norton Rose Fulbright has advised Beijing-based Norinco International Cooperation Ltd. on the US$71 million acquisition of rights to build and operate a 156-megawatt wind power project in the Adria coastal area of central Croatia.

A team led by Dr. Marc Scheunemann advised KanAm Grund Group on the acquisition of the Z88 office building for a special real estate fund. The property in Zamdorfer Straße in the east of Munich covers almost 10,000 square meters. Fürth-based project developer P&P is the seller.

The new tenant is the Federal Institute for Real Estate Tasks (BImA), which uses the property for its "Central Office for Information Technology in the Safety Area." P&P had refurbished the building for the new user in recent months.

Hamburg – Swiss energy supplier ewz has further expanded its wind farm portfolio by acquiring the Graincourt project in France. This is the third French wind farm in quick succession that the Zurich-based municipal company has acquired from the Nordex Group.

MinterEllison has advised Northill Capital LLP (Northill) on the acquisition of international operations from Westpac Banking Corporation's subsidiary Hastings Management Pty Limited (Hastings).

Hastings is an infrastructure-assets business with funds under management of approximately $14.3 billion from more than 75 institutional investors. The businesses manage a portfolio of infrastructure debt and equity assets across the US, UK, Europe and Australia for a number of leading global institutional investors.

Global law firm Norton Rose Fulbright has advised Marubeni Corporation on the sale of its 25% shareholding in the 210MW Westermost Rough Offshore Wind Farm, located in the North Sea. The sale shares were acquired by Green Investment Group.

In connection with the sale, Norton Rose Fulbright also advised Marubeni Corporation on the refinancing of the existing loan facilities to the project and the prepayment of Japan Bank for International Cooperation.

Chris Down, partner, comments:

Global law firm White & Case LLP has advised global investor PPF Group on its acquisition of Telenor’s telecommunications assets in Central & Eastern Europe for €2.8 billion on an enterprise value basis.

It is the largest M&A transaction in the CEE telecoms sector, and the largest loan syndication in the region, since 2011. The deal includes Telenor's wholly owned leading mobile operations in Hungary, Bulgaria, Montenegro and Serbia, and the technology service provider Telenor Common Operation.

Fried Frank's new London-based real estate group advised Invesco Real Estate (“Invesco”), the global real estate investment manager, on two recent retail transactions in the UK, with an aggregate transaction value of c. £85 million.

The first transaction involves the sale by one of Invesco's pan-European commingled mandates of a B&Q plc retail store, structured through the sale of shares in a Luxembourg entity, to a client of Palmer Capital.