Ashurst has advised longstanding client Morrisons in relation to the sale and leaseback of a customer fulfilment centre at Birch Coppice Business Park, Dordon, Birmingham operated by Ocado. The facility serves both Ocado's and Morrisons' online retail businesses.

The total consideration for the disposal of Morrisons' long leasehold interest was £92.33 million. The transaction also included the grant of a pre-emption right, buy-back option and a forfeiture protection deed all in favour of Morrisons.

DLA Piper (Canada) LLP represented Assured Automotive Inc. (“Assured”) in its sale of assets and business to Boyd Group Income Fund (“the Boyd Group”) for CAD $193.6 million.

Ashurst advised Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) on the sale of office and retail property "Fasanenpalais" on Kurfürstendamm 26a in Berlin to Aachener Grundvermögen.

The 7,400 square metre lettable space property, whose list of tenants include Tesla, Timberland, Starbucks and Camper, was modernised in 2007 and 2012.

The parties have agreed not to disclose the purchase price.

Macfarlanes has advised Derwent London on its £165.0m sale of The Copyright Building 30 Berners Street W1 to Union Investment Real Estate GmbH.

Global law firm White & Case LLP has advised Unicredit Leasing on the sale of V Palazzo Uffici, one of the best known buildings in San Donato Milanese (Milan) and the headquarters of energy company Eni, to Pegasus, a real estate alternative capital fund managed by Kryalos SGR.

The White & Case team in Milan which advised on the transaction was led by partner Gianluca Fanti and local partner Giuseppe Barra Caracciolo.

Eversheds Sutherland (International) has advised Capita plc (Capita) on the £888 million sale of its Asset Services division to Link Group.

Capita, a UK leader in technology-enabled business process management and outsourcing solutions, and longstanding client of the international law firm, has undertaken the sale process to reduce indebtedness and to allow the group to fully focus on the pursuit of what it does best: continuing to deliver outstanding services to clients and customers.

Hogan Lovells has acted for M&G Real Estate, one of the UK’s largest real estate property investors, in relation to the sale of Omnicom’s South Bank HQ at Bankside 2 and 3, SE1, to Deutsche Asset Management for around £310m.

The transaction was led by partner and UK head of Real Estate, Daniel Norris, and senior associate Graham Cutts.

[Berlin, 2017-07-03] GORG Partnerschaft von Rechtsanwalten mbB advised WealthCap on the sale of the City Carre shopping centre and office building complex located on Ernst-Reuter-Allee and Otto-von-Guericke-Strasse in Magdeburg. The GORG team headed by Jan Lindner-Figura, which included in particular Silvio Sittner, advised WealthCap on the negotiation of the design and execution of the purchase agreement.

The public BE-REIT Leasinvest has signed a binding agreement – subject to limited conditions precedent – for the granting of a 99-year leasehold right on three of its logistics buildings in Belgium in favour of a renowned foreign logistics real estate fund. The transaction value exceeds €60 million.

International law firm Pinsent Masons has advised Embrace Group on the sale of 35 residential care homes and a supported living scheme to the housing and care provider, Sanctuary Group.

A provider of residential, educational and supported services within health and social care, Embrace works across children’s and young people’s services as well as adult and elderly care.