Bech-Bruun assists Vattenfall in its sale of the CHP plants Fynsvaerket and Odense Kraftvarmevaerk A/S to Fjernvarme Fyn. On 1 April 2015, closing of the transaction took place whereby Fjernvarme Fyn took over the CHP plants Fynsvaerket and Odense Kraftvarmevaerk A/S.

The transfer agreement was signed already in December 2014, but closing of the transaction has been subject to several conditions being fulfilled, including Fjernvarme Fyn being granted a production licence by the Danish Energy Agency and the merger being approved by the Danish competition authorities.

KOMBIT, the joint IT partnership of the Danish municipalities, has sold three properties to PensionDanmark, Denmark’s largest labour market pension fund, for DKK 1.2 billion.

The three properties are of high quality and are located in Ballerup, Odense and Aalborg. The properties have a total gross floor area of more than 88,000 square metres. The IT company KMD is leasing the properties and will continue to do so after the transaction.

CHSH has advised a joint venture consisting of CA Immo and Union Investment (with CA Immo holding 51% of the shares) on the sale of the logistics park Europolis M1 Budapest to the Prologis Group that has operations worldwide. In addition to receiving advice from CHSH, the joint venture was also advised by real estate consultancy Colliers.

The logistics park Europolis M1 Budapest comprises an area of approximately 160,000 m2, with approximately 69,000 m2 of rentable space.

ING Real Estate has sold the Designer Outlet Landquart to a special purpose vehicle (SPV) established by a London based investment fund. Following this transaction, the former owner of the real estate, the Swiss company ING Real Estate Development Alpenrhein AG, Zurich, will be dissolved and liquidated.

WASHINGTON, D.C., 10 April 2015 - Hogan Lovells has advised General Electric (GE) in connection with its agreement to sell its global real estate equity and debt portfolio business. The portfolio holds approximately US$26.5 billion worth of investments in commercial mortgage debt, office buildings, and other commercial property worldwide.

Ashurst has advised Murray Publishers Pty Limited (a subsidiary of Consolidated Press Holdings Pty Limited) and Transfield Corporate Pty Limited in the A$176 million sale of Perisher Ski Resort to Vale Resorts Inc.

Nabarro has advised Land Securities in the sale of its 95% stake in Times Square, London, EC4, to private equity group Blackstone for £268.4 million.

The 380,000 sq. ft. office development at 160-162 Queen Victoria Street is fully let to six office tenants, including Bank of New York Mellon and law firm Dechert, until 2023. Constructed in 2003 and gradually acquired by Land Securities since 2005, the building includes 4,000 sq ft of retail space and brings in £13.5m in rent annually.

AG's Real Estate team has advised Bruntwood on the sale of Overseas House in Manchester City Centre to Credit Suisse for a value of £12.25m.

Overseas House which is to be rebranded 'Cornerblock' is located on the corner of Deansgate and Quay Street and comprises 52,175 sq ft of available office space over six upper floors and three ground-level retail units totalling 9,237 sq ft, which are let to Tesco, Sainsburys and Starbucks.

Ashurst is advising Royal Bank of Scotland plc ("RBS") in connection with the sale of its internationally managed private banking and wealth management business to Union Bancaire Privée, UBP SA., the family-owned Swiss private bank.

DWF has advised the Homes and Communities Agency (HCA) on its land sale to the London Taxi Company in Ansty Park, Coventry.

The DWF team, led by real estate partner Melanie Williams, acted for the HCA on the land sale of 21 acres to the London Taxi Company, which will enable the Chinese-owned company to develop a new factory to produce electric black cabs - bringing further major investment to the Midlands.