Led by its partners Clemens Hasenauer (Lead Partner, Corporate/M&A) and Harald Stingl (Partner, Corporate/M&A), international law firm CHSH Cerha Hempel Spiegelfeld Hlawati advised U City Public Company Ltd. on the combined acquisition of Vienna House hotel portfolio from two Austrian private foundations and Warimpex Finanz- und Beteiligungs AG.
Herbert Smith Freehills has advised the OUSON Group on its acquisition of Towers 2, 3 and 4 of the World Trade Centre in Melbourne’s Docklands, with contracts exchanged and settlement due in the first half of 2017.
The WTC was acquired for A$267.5 million from the Abacus Property Group and joint venture partners - private equity firm KKR and privately-owned Riverlee Group.
Baker McKenzie acted for Foresight Group (Foresight), a leading independent infrastructure and private equity manager, in facilitating the acquisition of the 25MW Barcaldine Remote Community Solar Farm (BRCSF) in Queensland. BRCSF is the first solar project to be managed by Foresight in Australia.
Financing for the acquisition of BRCSF from the Elecnor group was provided by KIAMCO Global Infrastructure Fund III (KIAMCO) and Hanwha Energy Corporation (Hanwha).
Clifford Chance has advised the French asset manager Amundi Real Estate and L´Etoile Properties, on the purchase of the Allianz headquarters in Hamburg.
Dechert LLP advised Cenexi, a manufacturing group of pharmaceuticals products, on its acquisition of a manufacturing site from Schering-Plough, a French subsidiary of the American group Merck Sharp & Dohme (MSD) which specializes in the manufacture and distribution of high value-added pharmaceuticals products. The site is located in Hérouville-Saint-Clair (Calvados, France).
This transaction allows Cenexi additional production capacities notably in sterile injectables, while also enhancing its leading market position as a contract development and manufacturing organization.
The SUSI Renewable Energy Fund II, managed by SUSI Partners AG, has purchased the 10.35 MW wind farm Tetrituuli in Central Finland from wind power developer Ilmatar Windpower Plc. After the acquisition of 21 MW wind farm Kopsa I and 18.5 MW wind farm Latamaki, this marks SUSI’s third renewable energy transaction in Finland, strengthening its position in the Finnish wind market.
Gide Cuatrecasas Casablanca has advised SDX Energy on the acquisition of Circle Oil’s assets in Morocco. Circle Oil held certain gas operating concessions located in the Gharb basin (Morocco).
This acquisition will enable oil & gas company SDX Energy, previously active only in Egypt, to increase its portfolio of production assets and its reserves at a regional level.
SDX Energy was advised by Gide Cuatrecasas Casablanca, with a team comprising partner Wacef Bentaibi, and associates Loris Marghieri, Ghita Bourquouquou and Omar Fatémi.
Watson Farley & Williams (“WFW”) has advised PATRIZIA Immobilien AG (“PATRIZIA”) on the acquisition of an office and business building in the German city of Mainz, via a real estate fund for private investors, from USB Real Estate GmbH. The parties have agreed not to disclose the purchase price.
Addleshaw Goddard has advised Hong Kong investor, C C Land Holdings on its acquisition of One Kingdom Street, London, from TH Real Estate on behalf of the Cityhold Office Partnership (CHOP) for £292m.
Located in Paddington Central, the Grade A, 264,898sq ft office building, is home to tenants including Vodafone, Shire, Mysis and Statoil and was sold at a net initial yield of 4.86% and a capital value of £1,100 per sq ft.
DLA Piper advised Cole Office & Industrial REIT (CCIT II), Inc. in the acquisition by a subsidiary of CCIT II of the Dow Chemical Company's administration building located in Lake Jackson, Texas.
The 230,000-square-foot building was purchased for approximately US$60 million. CCIT II, a publicly registered, non-listed REIT, is sponsored by Cole Capital®, the investment management business of VEREIT, Inc.
The DLA Piper team that advised Cole Capital was led by partner Kevin Lytle, co-head of the firm's Real Estate practice in Phoenix.