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Asset Sale: Seller's Counsel

Norton Rose Fulbright advises Scira Offshore Energy on £193m wind farm transmission assets disposal

15 Jul 2013

Global legal practice Norton Rose Fulbright has advised Scira Offshore Energy Limited, a joint venture company owned equally by Statoil ASA and Startkraft AS, on the £193 million disposal of the transmission assets of the 317 MW Sheringham Shoal wind farm. The transmission assets have been acquired by the Blue Transmission consortium, comprising of Macquarie Capital, Barclays Infrastructure Funds, Mitsubishi Corporation and Frontier Power.

Government agreement negotiated in the Dentons Paris office

13 Jul 2013

The French Minister of Industrial Renewal, Arnaud Montebourg, was present in the Dentons Paris office on Thursday July 11, 2013 for negotiations on the German aluminum group Trimet’s purchase of the Saint-Jean-de-Maurienne and Castelsarrasin industrial sites, owned by the Rio Tinto Alcan company. The meeting mentioned in AFP press releases as being held “in the center of Paris” took place at Dentons.

Dentons advises Aviva on £470 million sale of PaddingtonCentral

08 Jul 2013

Dentons has advised Aviva and its co-investors on the sale of the remaining assets at PaddingtonCentral to British Land for £470 million. Dentons acted for all the Sellers led by Aviva Investors, advisors to Aviva as the majority owner.

The transaction involved the disposal of three specialist real estate funds containing circa 500,000 square feet of offices and retail/leisure space, a 206 bedroom hotel and two development sites with consent for a further 355,000 square feet of offices.

Chesapeake and private equity owners - disposal of paperboard packaging business to the Carlyle Group

04 Jul 2013

Slaughter and May advised Chesapeake and its private equity owners, Oaktree Capital Management and Irving Place Capital, on the disposal to the Carlyle Group of the Chesapeake paperboard packaging business, being one of the largest global suppliers of value-added paper-based packaging products and services.

Slaughter and May advised on this cross-border disposal in conjunction with local counsel in Belgium, China, France, Germany, Hungary, Hong Kong, Ireland, Luxembourg, Netherlands, Northern Ireland, Poland, Scotland and the United States.

CONTACTS

Clifford Chance advised Tristan Capital Partners and Pamera Asset Management on the sale of Frankfurt "BBW Bürohaus Bockenheimer Warte"

04 Jul 2013

Clifford Chance advised the investment fund Curzon Capital Partner III (CCP III), whose advisors are Tristan Capital Partners, and their local joint venture partner Pamera Asset Management on the sale of office building "BBW Bürohaus Bockenheimer Warte" in Frankfurt am Main. The real property was acquired a by consortium of Aurec Capital and two Israeli insurance companies.

The office building complex was constructed in 1998 and consists of two buildings with a total surface of approx. 35,000 sqm. Anchor tenants are Deutsche WertpapierService Bank AG (dwpbank) and KfW.