Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Verisk, a leading data analytics provider, on the acquisition of SAP’s Content as a Service (CaaS) business and a strategic partnership with SAP to co-develop product compliance solutions.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has acted as lead deal counsel and advised First Reserve on its £275mn purchase of Weir Group PLC’s Flow Control division, in a transaction which is expected to complete in Q2 2019, subject to regulatory approvals.
First Reserve is a leading global private equity investment firm focused exclusively on energy.
GSK Stockmann advised Westbrook on the purchase of the "Fritz" office building in Düsseldorf
GSK Stockmann provided comprehensive legal advice to the global real estate investment company Westbrook Partners on the purchase of the "Fritz" office building in Düsseldorf’s business district “Seestern.” The seller is Deka Immobilien GmbH. The parties agreed to keep the purchase price confidential.
GSK Stockmann provided comprehensive legal advice to the global real estate investment company Westbrook Partners on the purchase of a listed five-story property in Berlin-Mitte. The seller is a subsidiary of Bayer AG. The parties agreed to keep the purchase price confidential.
The building in Gerichtstrasse 27, built between 1910 and 1912 as a laundry factory, is located on a plot of land of 6,600 m2 with more than 100 parking spaces. It has approx. 13,300 m2 of rental space and is fully let. The main tenants include Bayer and IB Medical Academy Berlin.
As part of its investment strategy focused on office properties and the conversion of tertiary assets, Raise REIM, the property branch of group Raise, has recently acquired a hotel asset in the 19th arrondissement of Paris (La Villette).
This complex includes a Holiday Inn Express with 144 rooms, a youth hostel with 350 beds and a La Criee restaurant with a seating capacity of 200. In operation since 2008, the establishment is the leading yield generator for Raise REIM.
On February 11, 2019, GTI Transport Solutions Inc. ("GTI"), a Novacap-backed company, announced that it was acquiring the business of Precision Specialized Division Inc. (“PSD”), a division of Precision Truck Lines Inc.
Located in Woodbridge, Ontario, PSD is a leader of open-deck and heavy haul transportation in the province.
GTI a leading provider of open-deck, specialized and over-dimensional freight services with fully equipped transportation terminals in Quebec and Ontario and 300,000 sq. ft. of specialized warehousing.
Law firm Stephenson Harwood LLP has advised Construcciones y Auxiliar de Ferrocarriles (CAF) on a transformational rolling stock project for Wales. The deal saw CAF purchase 77 new diesel trains for the Wales and Border franchise, operated by KeolisAmey; CAF, which has already begun the design and engineering work for the fleet, will also provide associated equipment and maintenance.
WBD has advised South Tees Development Corporation (STDC), the first mayoral development corporation established outside of London, on over half of the developable land on the wider Redcar steelworks site. Tees Valley Mayor, Ben Houchen, formally signed off the deal yesterday (21 February).
Supported by a team led by Dr. Peter Vocke, Partner at Heuking Kühn Lüer Wojtek’s Düsseldorf office, Silverlake Real Estate Group acquired the office building at Ben-Gurion-Ring 174 in Frankfurt, a former SEB branch. With the acquisition of the building, Silverlake is implementing its intended market entry in Frankfurt.
The CMS real estate team is advising Aberdeen Standard European Logistics Income PLC on the acquisition of a logistics warehouse in Krakow from global real estate developers Panattoni Development Co and Marvipol SA.
The value of the transaction, which is to be completed in early March 2019, is estimated at EUR24.5 million.
The warehouse provides 31,000 square metres of warehousing and 4,000 square metres of office space.