Allen & Overy advised HB Reavis on the sale of Twin City A in Bratislava to Prvy realitny fond managed by IAD Investments. The price of the deal was not disclosed. HB Reavis said that the yield was approximately 6.5 per cent. The building, located on Karadzicova street, was completed in 2015 and offers 16,500 sq. m. of office, fully leased to tenants including PWC, Merck Sharp & Dohme, Bayer, BNP Paribas Slovensko and Sfera. This is the second asset HB Reavis has sold to IAD Investments, following the acquisition of River Garden I in Prague two years ago.

DLA Piper is advising HEINEKEN UK on its proposed acquisition of Punch Securitisation A, a portfolio of approximately 1,900 UK pubs owned by Punch Taverns plc (enterprise value £1.15 billion).

The acquisition is conditional on completion of the recommended cash offer for the entire issued and to be issued share capital of Punch Taverns that was announced earlier today by Vine Acquisitions Limited, a company formed by Patron Capital.

The "Thor portfolio" of real estate fund Orion Capital Managers is changing ownership. A team led by Dr. Robert Güther, Salaried Partner at the Berlin office of the law firm of Heuking Kühn Lüer Wojtek, advised GxP German Properties AG on the acquisition of the Thor portfolio. The transaction has a volume of EUR 72 million. The seller is a subsidiary of Orion European Real Estate Fund IV, C.V., sponsored by Orion Capital Managers.

Hannes Snellman acted as counsel to Niam in its acquisition of an office property in Helsinki from Commerz Real Investmentgesellschaft MBH. The property, called Life Science Center Keilaniemi, is in an excellent location close to the Keilaniemi metro station in Espoo. Life Science Center Keilaniemi comprises five high-quality interconnected office buildings constructed between 2004 and 2008, with a combined lettable area of approximately 32,000 sqm.

Baker McKenzie has advised Schroder ImmoPLUS, a listed real estate mutual fund, on the purchase of a portfolio of three retail assets in Switzerland. The transaction was managed by Schroder Investment Management (Switzerland) AG. The 51,500 sqm portfolio comprises three assets in Villeneuve (16,500 sqm), Etoy (20,000 sqm) and Lucerne (15,000 sqm). All three properties are let to a subsidiary of Hornbach Baumarkt AG, one of Europe’s largest DIY operators, on recently re-geared leases with an annual income of circa CHF 6 million.

Schoenherr has advised REDSIDE investicni spolecnost, a.s. ("Redside"), the manager of the real estate open-ended investment fund NOVA Real Estate (SICAV), on its acquisition of the Panorama Business Center building, from Dutch closed private investment fund MINT FUND 8 B.V. The closing took place on 1 December 2016. Schoenherr advised Redside on the due diligence process, on negotiations related to the transactional documentation and assisted with the signing and closing.

NautaDutilh assists ASR with the acquisition of a EUR 275 million real estate portfolio. The portfolio - which mainly consists of office buildings near Dutch railway stations - will be acquired from a real estate fund of the Nederlandse Spoorwegen.

The portfolio will become part of the newly formed ASR Dutch Mobility Office Fund. This is one of the largest deals on the office market in 2016.
 
The NautaDutilh team consists of Larissa Silverentand, Kees Koetsier, Lieke van der Velden, Roderick Watson, Lisette Simons, Willem van der Vossen and Peter Vogels.

Mayer Brown advised Generac Power Systems, Inc. on the acquisition of the assets of MOTORTECH Holding GmbH & Co. KG. The purchase price was not disclosed.

GSK Stockmann + Kollegen has advised a joint venture consisting of a fund of the Bavarian Pension Fund (BVK) and Hammer Real GmbH, a company of Hammer AG, on the purchase of premises at Hufelandstraße 4-8 and Knorrstraße 138 in Munich. Silence has been agreed on the purchase price. The share of the Bavarian Pension Fund manages the GLL Real Estate Partners GmbH in Munich.

International law firm Simmons & Simmons has advised fund manager SAS Atream on behalf of French institutional investors and Home Invest Belgium on the acquisition of 330 cottages, the central facilities and public space in holiday park Port Zélande, Ouddorp, the Netherlands from Gran Dorado Port Zélande B.V.