Watson Farley & Williams (“WFW”) has advised Turkey-based cruise port operator Global Ports Holding (“GPH”) on the acquisition of stakes in companies managing cruise terminals in Italy.
Specifically, GPH acquired stakes in the companies managing the Cagliari (Sardinia), Catania (Sicily) and Ravenna (Emilia-Romagna) cruise ports, previously owned by Royal Caribbean Cruises Ltd. (“Royal Caribbean”), Aloschi&Bassani S.p.A. and Bassani Ravenna S.r.l.
Gowling WLG's retail estate team has advised client Complex Development Projects (CDP) on the purchase of the former Coventry Telegraph headquarters from Trinity Mirror Group.
One of the most iconic post-war buildings in Coventry city centre, the deal is the latest in a series of innovative regeneration projects undertaken by CDP in the city. CDP plans to save the building and turn it into a unique, boutique hotel which will retain many of the original period features within the building as part of the project.
Gide has advised Redevco, a pan-European retail real estate investment manager, on the share deal acquisition of a retail asset in Paris’ luxury retail area (6 rue de la Paix, 2nd arrondissement) from Savills Investment Management.
The 740 sq.m. retail property comprises two units, and is located close to the luxury retail sector of Place Vendôme and the Grands Magasins. A world-renowned jeweller and watch-maker currently occupy the two units.
BLP have acted for UK motor racing circuit owner Motorsport Vision Limited (MSV), in respect of its acquisition of Donington Park race circuit business. MSV, a private company managed by the former F1 driver Jonathan Palmer and Sir Peter Ogden, already owns and operates four major UK race circuits. Donington is one of the UK’s best-known tracks and hosts the annual World Superbike Championships and the annual Download Festival.
Stibbe advises Synopsys, Inc., a Nasdaq listed technology company, in its acquisition of certain assets of Forcheck b.v., a privately held software company based in the Netherlands that provides a static analysis tool for detecting coding defects and anomalies in Fortran applications.
This acquisition provides Synopsys with additional static analysis technology to extend the capabilities of its Software Integrity Platform and create new business opportunities.
We assisted logistics company DSV in the acquisition of a real estate property in Vantaa for the purpose of constructing a modern logistics centre. The centre will have more than 50,000 m2 of warehouse and terminal space and 4,000 m2 of modern office space. The building is expected to be completed during 2018, and it will serve as the headquarters for all DSV companies in Finland (DSV Road, DSV Air & Sea and DSV Solutions).
Olswang has advised clients of the leading property asset management specialist BMO Real Estate Partners (BMO REP) on a £191 million real estate portfolio acquisition of three retail assets across the UK: the flagship Debenhams store in Manchester, Clifton Moor Shopping Centre in York and Westgate Retail Park in Wakefield.
The deal sees clients of BMO REP acquiring the assets from British Land via the purchase of their respective corporate holding vehicles.
We advised OP Toimitilakiinteistö Ky in the acquisition of a modern logistics warehouse owned by a real estate company in the Pirkanmaa region.
A team led by Dr. Stefan Duhnkrack and Dr. Katharina Prasuhn advised RDG GmbH & Co. KG, Hanover, Germany (RDG) on the acquisition of upstream oil assets by acquiring all shares in Lingen-based Kimmeridge GmbH. RDG is a joint venture between Petroleum Equity, London, and Rohöl-Aufsuchungs Aktiengesellschaft (RAG), Vienna, Austria. Seller of the upstream oil portfolio is a fund held by U.S. private equity firm Kimmeridge Energy Management Company, LLC, New York. The purchase price was not disclosed.
Gide has advised Swiss Life Asset Managers, Real Estate France, on the acquisition and financing of a portfolio of 10 hotels located in Germany and operated under Ibis, Mercure, Indigo and Best Western brands, from LFPI Hôtels FCPI, a fund managed by LFPI Gestion.
Legal counsel to Swiss Life Asset Managers, Real Estate France: