Charles Russell Speechlys recently advised the property investment arm of Lum Chang Holdings on its sale of corporate vehicle owning the freehold of 42-60 (even) Kensington High Street to Urban Retail V, a fund operated by Grosvenor Fund Management.

This property consists of four prime retail units, which are positioned in one of the key retail locations in the Royal Borough of Kensington and Chelsea.

Holcim Ltd (SIX: HOLN) and Lafarge SA (Euronext: LG) have announced the sale of several assets to CRH for an enterprise value of EUR 6.5 billion [CHF 6.8 billion] as part of their proposed merger. The assets include operations mainly in Europe, Canada, Brazil and the Philippines, and, taken together, the assets generated estimated 2014 sales of EUR 5.2 billion, with an estimated 2014 operating EBITDA of EUR 744 million. The divestment process will be submitted to the relevant Competition authorities and to the shareholders of CRH.

Irwin Mitchell’s Real Estate Team have just acted for the joint venture set up by JF Finnegan and Sheffield Business Park and completed £1.375m of land sales within Sheffield Business Park to Tuffnells Parcels Express and JCT 600.

Andrew Wallis, Real Estate Partner in Irwin Mitchell’s Sheffield Office, said:

Andrew J Wallis It is exciting times for the City, particularly around the Sheffield Business Park area and it is great for Irwin Mitchell to be able to support the businesses that really want to make things happen.”

CHSH has advised CA Immo on the sale of the office complex "Buda Business Center" in Budapest, Hungary, to an open-ended fund managed by Diófa Fund Management under the terms of an asset deal.

The Buda Business Center, which occupies a good central location in the second district of Budapest, has approximately 6,400 m2 of office space.

Olswang has advised, Gamesys, the leading online bingo business, on the sale of its Jackpotjoy (UK, Eire and Sweden), Starspins and Botemania business (the "Jackpotjoy Business") to The Intertain Group Limited, a Canadian online gaming company listed on the Toronto Stock Exchange for an initial purchase price of £425.8 million in cash and shares, plus an earn out.

Burges Salmon has advised Infinis Energy plc on the sale of its hydro portfolio to Dwr Cymru Welsh Water and H20 Power Limited for £20.5 million which completed on 3 February.

A team of Corporate lawyers including partner Camilla Usher-Clark and senior associates Jonathan Eves and Tim Roberts with additional expertise provided by the firm’s Energy, Real Estate and Tax teams acted on the transaction.

Grant and Helen Burge have completed the sale of the iconic Grant Burge brand, Burge and Rathbone Fine Wine Merchants business and the historic Krondorf Winery, located within the Barossa Valley region of South Australia, to Accolade Wines. HWL Ebsworth's Adelaide office has provided legal advice to Grant and Helen Burge on the sale.

Grant Burge is one of the 15 biggest wineries in Australia by sales, and produces high quality, award-winning wines across different categories, including sparkling, premium white and red wines and fortified wines.

Delphi has been legal advisor to Stiftelsen Skogssällskapet in connection with the sale of the property Götebo 1:14 in Lerum municipality to Trivselhus.

The Carlyle Group has sold the Sankt Petri Passage to Industriens Pension.

The Sankt Petri Passage, situated in the centre of Copenhagen, previously hosted the headquarters of the Danish telecom provider TDC. The extensive building complex of 45,000 square metres includes 14 office buildings and about 100 parking spaces.

Hanover/Leipzig – Luther Rechtsanwaltsgesellschaft mbH advised four professional pension funds on legal and fiscal aspects of the sale of the office property portfolio MUC10. The sale is one of the largest recent property transactions in Munich.