Linklaters has advised RWE Innogy GmbH on the sale of an 85% equity stake in the “Nordsee One” offshore wind farm to Northland Power Inc.

Mayer Brown advised CitCor Residential Group, a joint venture of Citigroup Property Investors and Corpus Sireo, on the sale of 5,000 apartments in the area of Berlin to Deutsche Annington. The living and utility areas cover 344,000 square meter. The purchase price was not disclosed.

The Mayer Brown Team working on the transaction included Dr. Jörg Michael Lang (Lead, Real Estate, Frankfurt), Frank David Endebrock (Real Estate, Frankfurt), Dr. Jens Peter Schmidt (Antitrust, Brussels) and of counsel Elmar Günther (Real Estate, Frankfurt).

CMS in London has acted for LRG Holdings Ltd in the disposal of 19 Holiday Inn hotels to Kew Green Holdings Ltd. 
 
The CMS team was led by Louise Wallace (a partner in the Hotels group) and Senior Associate Toni Brown, with assistance from Graeme Miller, Grace Ho and Helen Cooke in Corporate. Sally Badham (a partner in the CMS Bristol Real Estate team) worked alongside Simon Masri and Laura Gowing of Dentons on the property aspects. Macfarlanes advised Kew Green on the transaction.
 

Hogan Lovells has acted for Moor Park Real Estate Partners I LP Incorporated and Moor Park Real Estate Partners II LP Incorporated in Accor's purchase of 86 of their hotels in Germany and The Netherlands. The hotels have been operating under Accor's IBIS, IBIS Budget, Mercure and Novotel brands since they sold the hotels to Moor Park in 2007.

The deal covers the re-purchase of two hotel portfolios of 86 hotels in Europe, which Accor had previously sold and leased back to free up capital.

Leading global law firm Mayer Brown advised the seller of Jasmar Resort Rügen on the sale of the resort to Precise Hotel Collections Group. The hotel business was insolvent at the time of sale. The Jasmar Resort in Rügen Neddesitz is a vacation and conference hotel with 129 rooms, 16 suites and 83 vacation apartments on a 85 hectare nature reserve.

The Precise Hotel Collections Group, located in Berlin, operates and manages various hotels in Germany and Spain.

Clifford Chance has advised a Fund managed by UBS on the sale of the office property "Atlantic Haus" in Hamburg St. Pauli to the Swedish Cityhold Group.

The property is located in the Bavaria area, covers 32,000 square meters of office renting space, which spreads across three buildings with eight floors each and one tower with 21 floors.

The Clifford Chance team was led by partner Dr. Gerold M. Jaeger and comprised associate Dr. Philipp Stoecker (both Real Estate), partner Thorsten Sauerhering and senior associate Dr. Dominik Engl (both Tax) – all Frankfurt.

Cadwalader is pleased to have advised Deutsche Bank AG in connection with (i) the sale of its US power trading book to Citigroup Energy and (ii) the sale of its North American natural gas trading book to Morgan Stanley Capital Group.

The Cadwalader team on each transaction was led by Karen Dewis (Corporate), with assistance from Vanessa Tanaka, Paul Pantano (Energy & Commodities), Bryan Shipp and Lynna Cobrall. Shlomo Boehm (Tax) and Jason Schwartz provided assistance on tax matters.

Dentons’ real estate team advised ORCO Property Group, an investor, developer and asset manager in CEE, on the sale of the Zlota 44 residential tower in Warsaw to Skyline Residential Sarl, JV entity of American property fund Amstar, and Polish property firm BBI Development.

Osborne Clarke has advised Moorfield Group, on behalf of the Moorfield Real Estate Fund III, on the disposal of The Printworks in Exeter to BlackRock UK Property Fund for £40m.

The Printworks offers a mix of 492 studio and multi-bedroom apartments with extensive communal facilities. The accommodation is closely situated to Exeter University’s campus and is one of the largest private purpose built schemes in the city. When it opened its doors in 2013, it achieved 100 per cent occupancy.

Star Bulk Carriers Corp. announced that it has entered into definitive agreements with Paul, Weiss client Excel Maritime Carriers Ltd. to acquire 34 operating vessels for aggregate consideration of $634.91 million, comprised of 29.917 million shares of Star Bulk common stock and $288.39 million in cash. Upon completion of the transaction, Star Bulk's position as the largest U.S. listed dry bulk company will be further enhanced, with a fleet of 103 vessels on a fully delivered basis. Paul, Weiss client Oaktree Capital Management, L.P.