Clifford Chance has advised Union Investment on the sale of its residential and office building "ABC-Forum" in Hamburg to an institutional investor. The property was held by its open-ended real estate fund UniImmo: Deutschland. The parties have agreed not to disclose the purchase price.

Centrally located in Hamburg's city centre, the "ABC-Forum" is composed of two parts – an eight-storey residential and retail building and a seven-storey office building – with a total of 12,633 m² rental space.

Milbank, Tweed, Hadley & McCloy have advised Dublin-based aircraft lessor, AWAS and its owners Terra Firma and Canada Pension Plan Investment Board (“CPPIB”) on an agreement to sell a portfolio of 90 aircraft to Macquarie Group Limited (ASX; MQG; ADR: MQBKY) for a total consideration of US$4 billion. The sale is expected to close within 12 months and is subject to customary closing conditions.

Eversheds advised Eco2 Ltd and Iceni Energy Ltd on the sale of 44.2MW straw-powered biomass project in Snetterton, East Anglia.

The Snetterton Renewable Energy plant will be primarily fuelled using locally sourced straw and will generate enough electricity to meet the needs of approximately 82,000 homes. It will also result in an annual CO2 emissions reduction of approximately 300,000 tonnes.

Brisbane, 5 March 2015: Clayton Utz recently acted for ASX-listed GWA Group Limited (GWA Group) on two strategic divestments of non-core assets, representing a total transaction value of A$95.2 million. The divestments were of GWA Group's Brivis climate systems and Dux hot water businesses to Japanese-owned Rinnai Australia Pty Ltd (Rinnai Australia) and Noritz Australia Pty Ltd (Noritz Australia) respectively. The Brivis transaction completed in February and the Dux transaction completed in December 2014.

DLA Piper has advised Geofabrics Australasia Pty Ltd on a series of transactions involving the following elements:

Berwin Leighton Paisner (BLP) has acted for the sellers on the sale of 22 Bishopsgate, London EC2 (formerly known as The Pinnacle) to an international consortium of investors represented by AXA Real Estate Investment Managers.

The international consortium of investors has appointed AXA Real Estate as Investment Manager and Lipton Rogers as Developer, with the intention to develop a new landmark tower designed by leading architects PLP.

Gleiss Lutz has advised E.ON SE, Düsseldorf, on the sale of its Italian solar plants to Italian infrastructure fund F2i. 

E.ON has divested its Italian solar business to private financial investor F2i SGR. F2i has an impressive track record on the Italian solar market and is committed to the long-term future of the business. 

DAC Beachcroft has acted for the sellers on the sale of 22 Bishopsgate in London to an international consortium of investors represented by AXA Real Estate Investment Managers.

The firm dealt with the sale of the building, working in conjunction with Berwin Leighton Paisner (BLP), including advising the sellers on construction, finance and corporate aspects of the landmark deal.

CMS London has acted for Siemens Financial Services (“SFS”) and Mainstream Renewable Power Limited ("Mainstream") on the sale of their remaining 66.66% ownership interest in the 1.2GW UK offshore wind development, Hornsea Project One, to DONG Energy. The project has been developed by SMart Wind (a 50/50 joint venture between Mainstream and SFS) and DONG.

This deal follows on from CMS's original advice to SFS and Mainstream in 2011 on the initial sale of a one third interest in the project to DONG.

Charles Russell Speechlys is delighted to have advised Brian Cooney and Barry Lambert of Canford Healthcare on a transformational corporate structured deal with Ventas REIT to dispose of and lease back Canford’s freehold elderly care home portfolio. Simultaneously, long-standing investor Investec (Ireland) exited Canford Healthcare and all existing bank debt was cleared.