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Asset Sale: Acquiror's Counsel

DLA Piper has advised LabTech Investments on major Bloomsbury acquisition

07 Feb 2018

DLA Piper has advised LabTech Investments Ltd, a technology and property co-working company, on the acquisition of the freehold of BUPA House, WC1.

This acquisition follows the announcement in October that it would be developing its Bloomsbury portfolio to create co-working spaces for SME businesses. BUPA House is situated next to a large existing holding in the Holborn area, which was purchased by Lab Tech Investments in September 2016 for approximately £300 million.

New site for Münster Correctional Facility - Heuking Kühn Lüer Wojtek supports Building and Property Management Department BLB

06 Feb 2018

BLB, the North-Rhine Westphalia Building and Property Management Department, will build a modern correctional facility in Münster-Wolbeck. The new correctional facility that will be able to house 640 prisoners will replace Germany's oldest correctional facility in Münster's city center and is expected to be completed by 2024.
 

Fieldfisher completes an acquisition and joint venture for Lacoste

06 Feb 2018

Fieldfisher has advised Lacoste on the acquisition from Pentland Group of the Lacoste footwear distribution businesses in four countries and the creation of a joint venture for the worldwide manufacture of Lacoste footwear.

Fieldfisher has advised French sportswear label Lacoste on the acquisition from Pentland Group of the Lacoste footwear distribution businesses in France, Germany, Canada and the US and the creation of a joint venture for the worldwide manufacture of Lacoste footwear. 

MoFo represents BlackRock in office-building acquisition

05 Feb 2018

MoFo represented clients advised by BlackRock Real Estate (“BlackRock”) in an acquisition of two blocks of grade-A office buildings at Waterfront Place, Shanghai from PGIM Real Estate, a property investment affiliate of Prudential Financial. Waterfront Place is located in the southeastern corner of Changfeng Ecological Business District, a rapidly evolving industrial cluster area at Suzhou Riverside.

DLA Piper advises Oxford Properties in acquisition with CPPIB of south portion of St. John's Terminal site for US$700 million

05 Feb 2018

DLA Piper represented Oxford Properties Group in a joint venture with the Canada Pension Plan Investment Board (CPPIB) in the acquisition of a portion of New York City's historic St. John's Terminal site south of West Houston Street from Westbrook Partners and Atlas Capital Group for US$700 million.

Baker McKenzie advises Al Zayani Investments on acquisition of 'Kreiller 214' project development in Munich

05 Feb 2018

Baker McKenzie advised Al Zayani Investments on its acquisition of the 'Kreiller 214' project development in Munich from Bucher Properties.

The project development is a mixed use property with a lettable area of approx. 4,200 sqm located at Kreillerstraße 214 in Munich-Trudering. Anchor tenants will be Deutsche Postbank and FitStar. Completion of the project development is scheduled for Q1/2019.