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Asset Sale: Seller's Counsel

CMS AD­VISES IN RE­LA­TION TO THE SALE OF A 50% STAKE IN GIG’S ÖVER­TURIN­GEN 235MW PPA-BACK ON­SHORE WIND FARM IN SWEDEN

02 Feb 2019
International law firm CMS has advised Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB), KfW IPEX-Bank GmbH (KfW) and Denmark’s Export Credit Agency (EKF) as creditors in relation to the sale of a 50% shareholding in Macquarie’s Green Investment Group’s (GIG’s) 235MW Overturingen wind farm in Northern Sweden to Korean investors managed by Nordic private asset specialist CapMan Infra.
 
The wind farm, located in the Ånge municipality of Västernorrland, is backed by a 29-year offtake agreement wit

Dentons advises Hines Poland on the sale of Graffit office building

01 Feb 2019

Dentons' Real Estate team in Warsaw has advised Hines Poland on the sale of Graffit office building in Warsaw, Poland. The building was acquired by a company from the group of Zeus Capital Management and it is its first investment in Poland.

Put in operation in the first quarter of 2018, Graffit is located in the business part of the Mokotow district of Warsaw. The building offers a total rentable area of 18,500 sqm, and meets the highest standards of modern workplace. With its wide range of energy efficient design solutions, the building is certified as BREEAM "Excellent".

DLA Piper advises Indigo Invest on commercial building sale in Cologne

31 Jan 2019
DLA Piper has advised real estate investment company Indigo Invest on the sale of a commercial building located on Neumarkt, in the center of Cologne. The property was acquired by international investment manager AEW for the German real estate special fund "AEW City Office Germany". The purchase price is undisclosed.
 
The fully let, five-storey building was thoroughly refurbished by Indigo Invest in 2013 and 2018. It has a floor area of approximately 8,200 square metres which is divided into office and retail spaces.

Advising Fusion Students on sale of Stellar Purpose Built Student Accommodation portfolio

31 Jan 2019
Mishcon de Reya advised innovative university accommodation developer Fusion Students on the sale of its 'Stellar Portfolio', comprising four Purpose Built Student Accommodation (PBSA) assets.
 
The buildings are located in the UK Russell Group cities of Bristol, Cardiff, Newcastle and Nottingham and total over 1,850 beds.

WilmerHale Advises Thermo Fisher Scientific in $1.14B Sale of Anatomical Pathology Business

30 Jan 2019

On January 28, 2019, Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced that it signed a definitive agreement to sell its Anatomical Pathology business to PHC Holdings Corporation, a global innovator in healthcare solutions, for approximately $1.14 billion in cash. Thermo Fisher anticipates closing the transaction in the second quarter of 2019, subject to customary closing conditions and applicable regulatory approvals.

Gide, counsel to Casino Group on the sale of 26 hypermarket and supermarket properties worth EUR 501 million

30 Jan 2019

The Casino Group has announced the signing of an agreement with funds managed by Fortress Investment Group with a view to the sale of 26 hypermarket and supermarket properties worth EUR 501 million. Under the agreement, the Casino Group will sell a portfolio of 13 Géant Casino hypermarkets, 3 Casino hypermarkets and 10 Casino supermarkets properties in the first half of 2019 to an entity in which the Casino Group will receive an interest, enabling it to benefit from the value created by the transaction.

Taylor Wessing Prague advises on sale of Trimaran / City Element

29 Jan 2019

Lawyers from Taylor Wessing Czech Republic assisted the Austrian company S + B Gruppe AG in the process of selling the Trimaran / City Element in Pankrac (Prague 4). According to experts, it was among the largest domestic real estate deals last year. S + B Gruppe AG, a private developer with offices in Vienna, Prague, Bucharest and Warsaw, has been implementing complex projects for over 30 years, working in the real estate sector as an investor and general contractor.

Experts
Dr. Erwin Hanslik
Partner | Prague

Mgr. Ing. Marketa Cvrckova

Freshfields advises Fuller, Smith & Turner on the sale of its premium beer business

29 Jan 2019

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising Fuller, Smith & Turner PLC (‘Fuller’s’), which operates pubs, hotels and a premium beer business, on the sale of its entire premium beer business to Asahi Europe Ltd (‘AEL’), a wholly owned subsidiary of Asahi Group Holdings, Ltd (‘Asahi’), for an enterprise value of £250m on a debt free, cash free basis.