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Asset Sale: Acquiror's Counsel

Federal Republic acquires research vessel – Heuking Kühn Lüer Wojtek designs procedures and drafts contracts

24 Mar 2017

The Federal Republic of Germany is buying a new fishing research vessel for more than EUR 80 million. The Federal Institute for Agriculture and Food awarded the order to replace the Walther Herwig III vessel to B.V. Scheepswerf Damen Gorinchem. Heuking Kühn Lüer Wojtek advised the Federal Institute for Agriculture and Food and the Federal Institute for Hydraulic Engineering during the bidding procedure and advised on the contract negotiations.
 

Ashurst advises Aberdeen on the acquisition of a residential complex in Koblenz

24 Mar 2017

Ashurst advised Aberdeen Asset Management Deutschland AG (Aberdeen) on the acquisition of a residential complex in the German city of Koblenz for the special fund Aberdeen German Urbanisation Property Fund. The parties have agreed not to disclose the purchase price.

The parties have agreed not to disclose the purchase price. 

Shoosmiths advises Kingdom Housing Association on £8m social housing regeneration project in Fife

24 Mar 2017

Shoosmiths has advised Kingdom Housing Association Limited on the purchase of a development site from Fife Council that will be used to supply much needed affordable homes to the area.

The site on Fraser Avenue in Inverkeithing will see an estimated 189 affordable homes built in a four phased project due to complete by 2022. The first phase of 53 houses is to commence later this month at a total cost of £8m, £4.3m of which part funded by the Scottish government.

GÖRG advises Real I.S. in connection with the acquisition of the office and commercial complex "Charlottenstraße 13" in Berlin

22 Mar 2017

GÖRG Partnerschaft von Rechtsanwälten mbB advised Real I.S. during the acquisition of the office and commercial complex Charlottenstraße 13/Corner Rudi-Dutschke-Straße 18 in Berlin. The complex was sold by Barings Real Estate Adviser on behalf of a special purpose entity belonging to an English investor. A team from GÖRG, led by Jan Lindner-Figura and including in particular Mr Silvio Sittner, provided support to Real I.S. in relation to legal due diligence and in negotiating the purchase contract.

Setterwalls has advised NRP in the purchase of a major property in Gothenburg from Söderport

15 Mar 2017

Söderport, a joint venture between Hemfosa and Sagax, has agreed to sell a property in Gothenburg for SEK 979 million.

The property comprises a lettable are of 134,000 sqm consisting of warehouse and office space.

The purchaser is a company administered by Ness, Risan & Partners and is owned by the real estate funds NRP 2016 AS (50 per cent) and NRP Eiendom 2015 AS( 25 per cent). As part of the transaction Söderport will invest in the purchasing company with an ownership share of 25 per cent.