Hemsö has divested a portfolio of 35 real properties at different locations in Sweden to SBB i Norden AB. The total sales price for the portfolio amounts to approximately SEK 1.5 billion.

The property portfolio comprises three retirement homes, four educational properties and 28 other properties. Most of the properties are located in western and southern Sweden. The largest tenants are Västra Götaland County Council and Lund University.

Hemsö was advised by Mannheimer Swartling in the transaction.

Newell Brands Inc. announced May 26, 2017 that it has signed a definitive agreement to sell its Winter Sports businesses to the private equity company Kohlberg & Company, L.L.C. for USD 240 million.

The transaction includes the brands Madshus, K2, Völkl, Marker, Dalbello, Line, Full Tiff, Atlas, Ride and BCA. More information about the transaction is available in the press release from Newell Brands here.

The team from Arntzen de Besche has consisted of Erling Høyte, Pål Arne Reinertsen and Martin Gunnheim.

DLA Piper served as legal counsel on the sale of the Suffolk Downs racetrack for US$155 million.

A DLA Piper team, led by partner Bryan Connolly (Boston), represented Sterling Suffolk Racecourse, LLC, in the sale and leaseback of the 161-acre property, which is located in both East Boston and Revere, Massachusetts. The Boston-based DLA Piper team representing Sterling Suffolk also included partner Geoff Howell, of counsel Bruce Barnett and associate Paul Evans. Negotiation of the purchase and sale agreement and the lease for the buyer were handled by Ropes & Gray.

Watson Farley & Williams (“WFW”) has advised Velocita Energy Developments Ltd (“Velocita”) on its disposal of a portfolio comprising three under-construction onshore wind projects in eastern France for a total transaction value of £191.5m to Canada’s Innergex Renewable Energy Inc. (“Innergex”) and Desjardins Group Pension Plan (“Desjardins”).

Dong Energy has today decided to sells its entire oil and gas business to British petrochemicals group INEOS in a deal worth more than DKK 8.7 billion.

DONG Energy sells its entire shareholding in DONG E&P A/S to INEOS for an unconditional payment of USD 1,050 million (DKK 7.0 billion) on a cash and debt free basis, a contingent payment of USD 150 million (DKK 1.0 billion) related to the Fredericia stabilisation plant and a contingent payment of USD 100 million (DKK 0.7 billion) which is conditional upon development of the Rosebank field.

Watson Farley & Williams (“WFW”) has advised long-standing client Teekay LNG Partners LP (“Teekay LNG”) on Chinese sale and leaseback transactions worth US$355m for two of its 173,400cbm MEGI LNG carrier newbuilds currently under construction by South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. (“DSME”).  On delivery from DSME, both vessels are contracted to go on long term charter to Shell.  The first (financed for US$175m) is scheduled for delivery in 2017 and the second (financed for US$180m) in 2018.

DAC Beachcroft has acted for Hermes Investment Management on the £332.5 million sale of three of its major retailer outlet centres.

The firm provided Hermes Investment Management with real estate advice, while BLP managed corporate aspects of the sale.  DAC Beachcroft's team was led by Manchester-based Real Estate partner, with support from senior associates, Louise Knowler and Christine Burrows.

The portfolio sale will enable Hermes Investment Management to redeploy capital into markets where they have best-in-class asset management capabilities.

Allen & Overy LLP has advised Luxembourg real estate investment manager and co-investor CORESTATE Capital Holding S.A. (CORESTATE) on the sale of retail portfolios worth EUR 687 million to the Universal-Investment fund of Bayerische Versorgungskammer (BVK). The investment vehicle is managed by Universal-Investment-Luxembourg S.A.

The portfolio spreads across a total of 90 properties in German cities and comprises subportfolios acquired under CORESTATE's club-deal programme.

Herbert Smith Freehills has advised Origin Energy Limited (Origin) on the sale of the Darling Downs Pipeline network to Jemena Gas Pipeline Holdings Pty Ltd (Jemena) for A$392 million.

Located in Queensland, the Darling Downs Pipeline network transports gas to Origin’s Darling Downs Power Station, Australia Pacific LNG and the domestic market.

Clifford Chance advised BlackRock Real Estate, a subsidiary of international asset manager BlackRock, on its sale of Campus E located in Munich to Leading Cities Invest (LCI) of KanAm Grund. The open-ended real estate fund acquired Campus E for approximately EUR 50 million. BlackRock Real Estate had purchased the office complex in 2016.