International law firm Bryan Cave Leighton Paisner’s Healthcare team have advised listed Belgian healthcare investor Aedifica on the acquisition of a portfolio of 93 care home properties across England for approximately £450m from Lonestar. This marks Aedifica’s entry into the UK market, making it the fourth country in its portfolio.
DLA Piper represented Raven Capital Management in its US$87.5 million acquisition of certain assets of Academy Award®-winning Hollywood studio Open Road Films.
Open Road Films was launched in 2011 as a joint venture between Regal Entertainment and AMC Entertainment before being acquired by Donald Tang’s Tang Media Partners in August 2017 and merging with IM Global to form Global Road. Open Road Films declared Chapter 11 bankruptcy in September 2018.
The Shoosmiths corporate team has advised West Midlands-based private investment firm GIL Investments on its purchase of Proserv’s precision machining services business – boosting the annual turnover of its portfolio to more than £400 million.
Ashurst advised the luxemburgish real estate investor CORESTATE Capital Holding S.A. (Corestate) on the acquisition of an office object in Munich-Neuperlach.
The building is projected to be refurbished, extended and completely let until end of 2020. The overall investment amounts to 66 million Euro. The existing office property currently comprises 13,000 sqm rental space and is let by 75% to individual tenants. After refurbishing the object will have a total floor area of 16,700 sqm and approx. 180 underground parking spaces.
Willkie represented Zurich in the $409 million acquisition.
Warsaw--Dentons' Real Estate team in Warsaw has advised LRC Group on the acquisition of 175 apartments and commercial spaces in a uniquely modern housing estate in Warsaw, Poland. The transaction continues LRC's strategy to increase its investment volume in Poland.
The asset is conveniently located in Powisle, the most prestigious part of Warsaw, in the vicinity of green areas and the Vistula river.