NCTM Studio Legale assisted the Monrif subsidiaries E.G.A. Emiliana Grandi Alberghi and Immobiliare Fiomes in entering into a preliminary agreement with the Fattal Hotels Group - the largest hotel chain in Israel – for the sale of Hotel Hermitage in Milan.

The agreement provides for the sale of both the property and the hotel business.  The value of the transaction, which is scheduled to be completed in September 2015, is EUR 20.55 million. 

A team from Herbert Smith Freehills Paris LLP has recently advised leading French construction company Eiffage on the sale of the Grand Hotel-Dieu de Lyon to Crédit Agricole Assurances, in association with Crédit Agricole Centre Est Regional Bank.

Dentons has advised Israeli developer Morgal Investments on the successful completion of the first stage of the sale of part of the land intended for the implementation of the Planetograd project. This ambitious project includes the construction of approximately 1.5 million sq.m. of low-rise residential housing, as well as various transportation, utility, social and commercial infrastructure on a 240 ha area on Pulkovskoe Shosse, not far from the Pulkovo Observatory. The cooperation agreement for the project was signed by Morgal Investments and the Governor of St.

Norton Rose Fulbright is advising Macquarie European Infrastructure Fund on the sale of a 100% equity interest in four companies owning six wind farms located in France possessing a total installed capacity of 63.4 MW to ERG Renew Spa, a wind energy operator in Italy.

The transaction, which encompasses assets with a value of 72 million euros, is scheduled to complete by the end of July 2015.

GSK Stockmann + Kollegen advised Deka Immobilien on the sale of the office building Twenty 8 to an Axa Real Estate Investment Managers’ fund.

Located at Oberanger 28 the property belonged to the open-ended fund WestInvest Interselect of Deka and offers 4,200 sqm office spaces, 82 parking spaces and ap-proximately 560 sqm retail spaces which amongst others are rented to a restaurant. The financial services provider MLP is the main tenant of the office spaces.

GSK Stockmann + Kollegen advised MOM Mall of Munich Beteiligungs GmbH & Co. Objekt Hopfenpost KG on the sale of Neue Hopfenpost in Munich to an open-ended fund of Invesco Real Estate (IRE). The parties agreed not to disclose the purchase price.

Located between Munich Central Station and Bayerischer Rundfunk and with a gross floor space of 50,000 sqm the property offers retail spaces on the ground floor with the anchor tenants REWE, Aldi and Rossmann. Moreover, 21,300 sqm are used as data center.

Setterwalls has represented Continental Foods in a disposal of the industrial and office building Araslöv 1:170 outside Kristianstad to Säljfast. The property consists of premises of in total 25,000 sq. m. (office area of 6,000 sq. m., storage area of 16,000 sq. m. and production area of 3,000 sq. m.) and land of 127,000 sq. m.

Anders Frick has been responsible for the work performed by Setterwalls.

Shoosmiths has advised Evolution Manufacturing Limited (Evolution) and its shareholders on the sale of the business and assets of Evolution to the Masco UK Window Group (Masco) for an undisclosed sum.

Evolution, founded in 2004, has established itself as a pioneer in the manufacture and supply of timber-alternative windows and doors, and is widely recognised as a market leader for quality, service and product innovation.

Real Estate experts from Burges Salmon have advised Skanska on the sale of 66 Queen Square in Bristol to Aviva Investors Property Trust. The sale exchanged on Friday 19 June 2015, with the Burges Salmon team advising on all legal aspects of the transaction.

Watson Farley & Williams (“WFW”) has advised international wind farm developer PNE WIND AG (“PNE WIND”) on the approximately £100 million sale of its entire UK wind farm project pipeline. The deal marks PNE WIND’s largest transaction since the sale of the 900MW ‘Gode Wind’ offshore wind projects in the German North Sea and is the most notable deal in the UK wind power market in 2015.