Darrois Villey Maillot Brochier advised American Tower Corporation, a leading independent owner, operator and developer of communications real estate with more than 144,000 sites in the United States, Mexico and Canada, and PGGM, the Dutch pension fund manager, on their entry into a definitive agreement with Antin Infrastructure Partners to acquire 100% of FPS Towers, for total consideration of approximately 697 million Euros (approximately $726 million at the current exchange rate) through ATC Europe, the previously announced joint venture of American Tower Corporation and PGGM.

We advised OP-Rental Yield, a direct property investment fund managed by OP Property Management Ltd, in the acquisition of Aitio Business Park from NCC Property Development Oy. Aitio Business Park is comprised of two real estate companies owning ultra-modern BREEAM certified office buildings.

Aitio Business Park includes approximately 11,000 square metres of leasable area and is excellently located in the Ruskeasuo area in Helsinki.

Teams from the Athens and London offices of international law firm Watson Farley & Williams (“WFW”) advised Grivalia Hospitality on the agreement for the purchase from Dolphin Capital Investors of a 60% stake in the Pearl Island resort project in Panama.

CPI Property Group will acquire eleven retail properties, including six major regional shopping centers, in the Czech Republic, Hungary, Poland and Romania.

Dentons advised CPI Property Group on the acquisition of a portfolio of 11 retail properties from CBRE Global Investors. The completion of the transaction is expected, pending regulatory approvals in the Czech Republic and Hungary.

King & Wood Mallesons (KWM) has advised Investec Australia Property Fund on the A$160m acquisition of the units of two trusts, which together hold two Sydney office properties.

The two properties, which are located in North Ryde and Frenches Forest, were previously owned by Blackstone and comprise approximately 27,400sqm of office and 475sqm of retail space combined. Both properties offer a weighted annual lease expiry of at least 4.1years.

The German Federal Financial Supervisory Authority (BaFin) has approved the transfer of the insurance portfolio of Baseler Leben AG Direktion für Deutschland to Frankfurter Lebensversicherung AG. As a result, Frankfurter Leben will take over and administer 128,000 life insurance contracts, together with respective assets in the amount of EUR 1.72 billion. 87 employees of Basler responsible for these life insurance contracts will also be transferred. The transaction is due to be completed on 1 February 2017.

Allen & Overy LLP has advised AXA Liabilities Managers (AXA LM), a member of the AXA group specialised in acquiring and managing non-life reinsurance portfolios in run-off, on the acquisition of a reinsurance portfolio from Dusseldorf-based insurer Provinzial Rheinland.

The transaction was effected by AXA LM’s special holding company AXA DBIO, which invests in run-off acquisitions.

Linklaters has advised 3i Group plc (“3i”), APG and ATP in respect of a portfolio of assets acquired from the EISER Global Infrastructure Fund (“EISER Fund”), including East Surrey Pipelines (“ESP”) and Belfast City Airport (“BCA”).

Kennedys is pleased to confirm that we advised the purchaser of the 5th Falcon 8X aircraft to come off the Dassault production line, in a transaction valued at USD$59m.

We advised Pure Precision Global Limited (the purchaser), who lease the Aircraft to an Indian NSOP (Spectrum Aero). The transaction was financed by Credit Suisse. Watson Farley Williams advised the Lender.

The Falcon 8X is Dessault’s newest private jet, and is at the top of their private jet range.

Dentons assisted AXA Investment Managers - Real Assets on the acquisition - on behalf of clients - of the U7 office building in Assago (Milan) from Polis.

U7 is a modern eight-floor office building with 14,931 sq.m. of Grade A office space, as well as an underground parking garage. The building is located in Assago Milanofiori, a well-established business district in southern Milan with excellent transport connections. It was built in 2007.