International legal practice Osborne Clarke has advised InfraRed Capital Partners, a leading global investment manager focused on infrastructure and real estate, on the disposal of its £320 million UK light industrial portfolio to Blackstone and M7 real estate.

The portfolio comprises 4.5m sq ft of light industrial space across 40 properties located mostly in the North West and the Midlands along the M6 corridor. InfraRed created the powerhouse portfolio through multiple acquisitions, the first of which took place in 2014.

Spanish company Parques Reunidos Servicios Centrales S.A has acquired the Belantis leisure park, which is located near Leipzig. The group is acquiring all the shares in the operating company, EVENT PARK GmbH, plus an additional 27-hectare site to extend the park. The parties agreed not to disclose details of the purchase price.

A CMS team headed by lead partner and M&A lawyer Dr Jörg Lips advised the sellers on all legal aspects of the transaction.

Alpha Industrial Holding SA and other vendors have sold a portfolio of logistics properties to Frasers Property Investments. The transaction is worth a total of around EUR 600 million.

The Singapore-based investor is acquiring 16 existing properties in Germany and Austria with a gross rental area of approximately 394,000 square metres, plus 6 development projects comprising 162,500 square metres of rental space. Project development and asset management subsidiary Alpha Industrial GmbH & Co. KG was also sold to Frasers Property Investments.

Greenberg Traurig Germany advised CCP IV Core Plus-Style Fund (CCP IV) and European Property Investors Special Opportunities III (EPISO 3) on the sale of a logistics portfolio in Germany and Austria. The two funds are managed by the real estate company Tristan Capital Partners. The buyer is Frasers Property Investment Europe, a subsidiary of Frasers Property listed on the Singapore Stock Exchange. The purchase price amounts to approximately EUR 178 million.

Jones Day advised Cardinal Health in the $1.2 billion sale of its Cardinal Health China business to Shanghai Pharmaceuticals Holding Co., Ltd.

Greenberg Traurig Germany advised CCP IV Core Plus-Style Fund (CCP IV) and European Property Investors Special Opportunities III (EPISO 3) on the sale of a logistics portfolio in Germany and Austria. The two funds are managed by the real estate company Tristan Capital Partners. The buyer is Frasers Property Investment Europe, a subsidiary of Frasers Property listed on the Singapore Stock Exchange. The purchase price amounts to approximately EUR 178 million.

DLA Piper represented ASB Capital Management LLC in the sale of Infomart Data Centers' Dallas operations to Equinix, Inc. for US$800 million. The acquired assets include the Infomart Dallas building, the iconic carrier hotel that serves as the primary interconnection hub for networks in the Southern United States.

The transaction is expected to close during the first half of 2018.

CBRE Global Investors, one of the largest asset investment managers with a global investment volume of almost USD 100 billion, has sold the Hamburg office and commercial building "K1 - Am Kaiserkai 1" to Triuva Kapitalverwaltungsgesellschaft mbH. The international law firm Clifford Chance advised CBRE on the transaction. .

The eight-floor building  K1 in Hamburg's HafenCity with 10,000 square metres of office and commercial space is centrally located in the direct vicinity of the Marco Polo Terraces and within walking distance of the Elbe Philharmonic Hall.

CBRE Global Investors, one of the largest asset investment managers with a global investment volume of almost USD 100 billion, has sold the Hamburg office and commercial building "K1 - Am Kaiserkai 1" to Triuva Kapitalverwaltungsgesellschaft mbH. The international law firm Clifford Chance advised CBRE on the transaction. .

The eight-floor building  K1 in Hamburg's HafenCity with 10,000 square metres of office and commercial space is centrally located in the direct vicinity of the Marco Polo Terraces and within walking distance of the Elbe Philharmonic Hall.