Noerr has accompanied Italian DiaSorin S.p.A. on the German-law aspects of the acquisition of the international micro-titre based ELISA immunodiagnostic business portfolio from Siemens Healthineers GmbH and affiliated companies (“SIEMENS Healthineers”). The publicly listed medical diagnostics specialist was advised by a team headed by Hamburg partners Björn Paulsen and Dr. Stephan Schulz.
Ashurst advised AEW, on behalf of the City Retail Fund, on the €18.5 million acquisition of Via Torino 22 in Milan, an 851 square metre prime retail asset in the centre of the city. The asset is fully let to Japanese retailer Muji, which is due to take occupancy in September 2017.
AEW is one of the world's largest real estate asset managers with over €60bn of assets under management as at 31 March 2017.
Counsel Fabio Balza advised on the tax issues related to the transaction.
A cross-border team from global law firm Norton Rose Fulbright acted as legal adviser to Savills on behalf of the Japanese Hotel chain, Prince Hotels, Inc. on the $50 million acquisition of the Staywell Hospitality Group portfolio. The acquisition, which includes the Park Regis and Leisure Inn brands, is one of the largest Australian hotel M&A deals of 2017.
Our client Mikju Oy bought a valuable piece of real estate at Ratakatu 3, Punavuori, Helsinki in June. The seller, Senaatti-kiinteistöt, invited tenders and Mikju Oy made the highest bid, EUR 14,050,000. The sale is awaiting approval by Parliament.
Ashurst advised Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) on the acquisition of a portfolio of six office properties in Munich, Frankfurt am Main, Cologne, Hanover, Bremen and Nuremberg for its "Deutschland Selektiv Immobilien Invest" special fund.
The seller is the German insurer Barmenia Lebensversicherung a.G. The parties have agreed not to disclose the purchase price.
Hogan Lovells has advised Leonardo Hotels in the acquisition of the Vincci Granada, their first location in the popular Spanish tourist region of Andalusia, and their sixth hotel in Spain.
The Madrid Real Estate team has advised the Leonardo Group on the purchase of all the assets comprised in their Spanish portfolio.
The former Vincci Granada will reopen as Leonardo Hotel Granada. The Hotel is located in the heart of the city , which makes the 176 rooms of the 4-star hotel extremely attractive.
Clifford Chance has advised Korean Vestas Investment Management on the acquisition of the new Allianz campus in Berlin. Corpus Sireo, a Swiss Life company, is the seller of the office building complex.
Schoenherr advised Kronberg International on the acquisition of Mall Varna EAD from Raiffeisen Bank International AG. Closing took place in Q2 2017 and the parties have agreed not to disclose the purchase price.
Noerr has advised the leading US private equity fund Lexington Partners on the acquisition of a large part of the media-for-equity portfolio of SevenVentures, the investment arm of ProSiebenSat.1 Media SE. London partner and office head Dr Thomas Schulz led the transaction.
Global law firm Norton Rose Fulbright has advised Shandong Gold Mining Co. Ltd (SDG), a Chinese gold mining company, on the acquisition of 50% of interest in Veladero gold mine in Argentina, owned by Barrick Gold Corporation (BGC), for US$960 million. The transaction completed on June 30 in Toronto.