Simpson Thacher is representing certain affiliates of Blackstone Real Estate Partners VI (“Blackstone”) in connection with Blackstone’s announced sale of its 63.6 percent ownership stake in the Hotel del Coronado to affiliates of Strategic Hotels & Resorts, Inc. (“Strategic”) for $210 million. Strategic currently maintains a 36.4 percent ownership position in the Hotel del Coronado through a joint venture with Blackstone.

National law firm Irwin Mitchell’s Real Estate Team has advised key client Gazeley on the sale and forward funding of its latest warehouse development at Magna Park, Milton Keynes to Legal & General Property for a price of £114 million.

Dentons Warsaw real estate team advised on the three largest transactions that took place in Poland in Q1 2014, according to PropertyEU. These included:

  * Advising BlackRock Real Estate on the sale of the landmark Rondo 1 office building in Warsaw to Deutsche Asset & Wealth Management’s real estate business for €300 million.

  * Advising Globe Trade Centre S.A. on the sale of Galeria Kazimierz in Krakow to Invesco pan-European fund for €180 million.

Unilever has signed an agreement for the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for a total cash consideration of approximately US$2.15 billion. Cravath represented Unilever in connection with this transaction, which is subject to regulatory approval and customary closing conditions and is expected to close by the end of June. The transaction includes two production facilities - a sauce processing and packaging facility in Owensboro, Kentucky, and a tomato processing facility in Stockton, California.

Burges Salmon has advised the current Hong Kong-based owners of the former Redruth Brewery site on the sale of part of the site for the proposed new archive centre for Cornwall, 'Kresen Kernow'.

Linklaters has advised the international food group VION N.V. on the sale of its German “Convenience Retail” segment. The new main owner is a consortium of consisting of PARAGON PARTNERS, a Munich-based private equity company, as well as Jürgen Abraham and Norbert Barfuß.

Leading international law firm Clifford Chance has advised Norilsk Nickel Australia Pty Ltd on the sale of its North-Eastern Goldfields Operations (including the Thunderbox and Bannockburn gold projects) located in Western Australia to Saracen Mineral Holdings Ltd (ASX: SAR).

The consideration payable to Norilsk comprises:

  * an upfront cash payment of A$20 million on settlement;

Real estate lawyers at Irwin Mitchell’s Sheffield office have advised City Estates (UK) Ltd on its sale of land in Gedling, Nottingham to supermarket giant Sainsbury’s, in a move which will see both the creation of jobs and one of the retailer’s largest stores in the country.

The sale of the former industrial land at Colwick Industrial Estate for an undisclosed sum is also expected to lead to the construction of a service station, family diner and fast food facilities on the site – with both the new development and its construction creating new jobs in the area.

Bird & Bird Finland led by Jori Taipale advised Rake Oy, the owner of a popular lifestyle and design hotel Klaus K in Helsinki, as luxury hotel chain Kämp Group acquired Klaus K. As a result, Rake Oy becomes a significant owner of Kämp Group, which is majority owned by CapMan Funds.

By joining forces, Kämp Group will take the luxury and lifestyle hotel scene of Helsinki to the next level. Immediately, Klaus K will grow by introducing 30 new large luxury rooms under a unique Sky Lofts brand this summer.

Osborne Clarke's Hotels Group has advised longstanding client, Starwood Hotels & Resorts, Worldwide, Inc. (NYSE:HOT), on the sale by Sheraton Hotels (U.K.) plc of its leasehold interest in The Park Lane Hotel, London to Sir Richard Sutton’s Settled Estates. Starwood will continue to operate The Park Lane Hotel under a new long-term management agreement under the Sheraton brand.