Taylor Wessing has advised Bridges Fund Management (Bridges) on its acquisition of Quick & Tower House in Shoreditch from Aberdeen Standard Investments, in a joint venture (JV) with Hobart Partners, for c. £35 million.
Berwin Leighton Paisner LLP (BLP) has advised Randall and Quilter (“R&Q”) on its acquisition from ProSight Specialty Insurance of the corporate members of Lloyd’s Syndicate 1110 and the novation of the managing agency of the Syndicate to R&Q Managing Agency Limited (RQMA).
Norton Rose Fulbright has advised ACOFI Gestion, private asset management company, on the acquisition of two wind farms in France totaling a capacity of 30MW from RES, one of the world’s leaders in renewable energy projects development. The assets consist of 15 wind turbines located in region Auvergne-Rhône-Alpes in France.
ACOFI has acquired the entirety of these two wind farms through its France Energy Transition fund dedicated to investments in renewables.
Paul, Weiss represented leading computer and printer maker HP Inc. in its $1.05 billion acquisition of Samsung Electronics Co., Ltd.’s global printer business.
Global law firm Norton Rose Fulbright has Advinia Health Care Limited (Advinia Health Care), a nursing and residential care provider, on its agreement to acquire 22 care homes in England and Scotland from Bupa.
The transfer will at completion grow Advinia’s portfolio from 16 to 38 care homes across the United Kingdom, placing it amongst the top 15 care providers in the region. The agreement, which was signed on 14 October, remains subject to regulatory approval by the Care Quality Commission and the Care Inspectorate.
Shoosmiths has advised development client Frontier Estates Limited on the first of what could be a number of multi-million pound property deals to ensure the development of a number of much-needed care homes.
Bond Dickinson has advised its client Akelius, a global leader in real estate and residential property, on the acquisition of a major portfolio in London.
The acquisition relates to the purchase of 19 blocks comprising 395 apartments for an agreed price of over £73 million.
Led by Real Estate Partner Nigel Emmerson and Managing Associate Emma Garfit, the transaction involved a large team of 20 lawyers who advised on all aspects of the purchase providing planning, taxation and corporate legal expertise.
Davis Polk is advising CIC Capital in connection with the proposed acquisition, in conjunction with Global Infrastructure Partners and certain other co-investors, of 100% of the equity interests in the wind and solar renewable energy portfolio of Equis Energy for $3.7 billion. The transaction is subject to customary regulatory closing conditions and is expected to close in the first quarter of 2018.
DLA Piper has advised the asset manager Schroder Real Estate on the acquisition of a Hornbach store in the south of Braunschweig. The purchase price within the framework of a share deal amounted to €30 euros. The seller of the property is M7 Real Estate (M7).
DLA Piper has acted for a consortium of South Korean institutional investors in their purchase of a long leasehold interest in Tesco’s distribution centre at Avonmouth for £71.4 million from NFU Mutual Insurance Society. Other advisers on the buy side included Carey Olsen, Samil PwC, Roebuck Asset Management and SEA Capital.
The team at DLA Piper was led by Real Estate partner Rob O'Hanrahan and Real Estate Finance partner Laurence Rogers, with Tax partner Neville Wright and International Transfer Pricing Co-head Joel Cooper also advising.