With comprehensive real estate, investment and tax law advice provided by GSK Stockmann and under the leadership of transaction partner Dr. Michael Jani, DC Values Group has acquired the commercial building Wöhrl-Plaza, located in Prager Straße 8 in Dresden. Size of the property is 18,400 sqm. This acquisition was part of their self-managed open-end real estate fund “DCV Highstreet 1”.
With comprehensive real estate, investment and tax law advice provided by GSK Stockmann and under the leadership of transaction partner Dr. Michael Jani, DC Values Group has acquired the former headquarter building of the now bankrupt Unister-Group, located in “Barfußgässchen” in Leipzig’s city centre. This acquisition was part of their self-managed open-end real estate fund “DCV Highstreet 1”. Seller of the property is Lebensversicherung von 1871 a. G. München (LV 1871).
As part of an off-market transaction, Union Investment and Investa Capital Management (ICM) have acquired Technologie- und Pharmapark Campus Konstanz comprehensively supported by GSK Stockmann regarding all real estate and investment law issues.
With the acquisition of Technologie- und Pharmapark Campus Konstanz, Union Investment and Investa have obtained an additional investment project for their jointly imposed real estate special fund Urban Campus No. 1.
BLP Germany has advised Duxton Capital Advisors, acting on behalf of a family office, on the acquisition of the Capri by Fraser hotel located in the city centre of Leipzig, Germany.
The hotel project was acquired by way of a forward deal from its developer GBI AG and will be built in the north-east of Leipzig’s historical city centre. After completion, scheduled for 2019, the hotel will house guests in 151 four-star serviced apartments.
Jones Day represented Henderson Park, the European real estate investment platform founded by Nick Weber, in connection with its acquisition of the London and Birmingham Hilton Metropole hotels.
The acquisition marks Henderson Park's entry into the UK hotel market and follows investments into the sector in Paris, where it bought Le Méridien Étoile, the city’s largest hotel and the purchase of The Ledra, a 5-star hotel in Athens, on which Jones Day has also advised Henderson Park.
The private equity investors Kohlberg & Company L.L.C. have relied on the expertise of Wolf Theiss in their purchase of the winter sport division of Newell Brands. The signing took place on 25 May 2017, and the deal closed on 14 July 2017.
Luther Rechtsanwaltsgesellschaft has supported Sirius Real Estate's acquisition of an office complex in Grasbrunn near Munich by means of a private equity fund. By acquiring the Technopark, which is almost completely empty apart from one small rented unit but has a total floor space of roughly 14,800 m² in its 4 buildings, Sirius Real Estate will be able to extend its presence in the Munich area – in addition to Munich- Neuaubing and Obersendling – to three locations.
Berwin Leighton Paisner have advised AmRest Holdings SE on its acquisition of the exclusive master franchise rights for the Pizza Hut Dine In, Delivery and Express concepts in Germany. Pursuant to the signed transaction documents, AmRest also acquires two equity restaurants from the YUM group and assumes 67 franchise agreements with third-party franchisees.
BLP’s market leading hotels practice has acted on the acquisition and financing of the Crazy Bear Group from the founding partnership that set up the Group in 1993. The distinctive portfolio, comprising three sites at Stadhampton, Beaconsfield and Fitzrovia have been described as the “antithesis to bland hotels”. It includes the oldest documented building in Beaconsfield – a fifteenth century coaching inn, awarding winning restaurants and has been included on Conde Nast’s Hot List for best new hotels in the world.
Squire Patton Boggs has advised Apsley House Capital on the acquisition of the 12-acre Soho Loop site, near Birmingham City Hospital. Apsley House has entered into a joint venture with Galliard Homes to purchase the site from City and Provincial Properties and plans to transform it into a multimillion-pound canal-side development of hundreds of homes in central Birmingham.