Clifford Chance has advised KanAm Grund Kapitalverwal-tungsgesellschaft mbH on the sale of high-end office proper-ties from the KanAm grundinvest fund to a fund managed by the French asset manager Amundi Real Estate. The total gross purchase price for the five properties amounts to around EUR 875 million. Transfer of ownership is scheduled for September.
Advising Foncière des Murs in connection with the sale of its healthcare portfolio to Primonial
Advising Foncière des Murs in connection with the sale of its health portfolio located in France to Promonial for a value of €301 M.
This portfolio contains 26 establishments (mostly nursing homes (Ehpad)) located in Ile-de-France and the rest of France.
Membres
* Eloïse Koudou
* Guillaume Rossignol
* Nicolas Bricaire
Gide has advised AccorHotels on the sale of a portfolio of 85 budget and mid-range hotels (premises and business assets) for EUR 504 million. These hotels (Pullman, Novotel, Mercure and Ibis) will now become a part of Grape Hospitality, a platform dedicated to hotel accommodation that is 70%-owned by Eurazeo and 30% by AccorHotels.
Herbert Smith Freehills has acted as international counsel for the QIC International Property Fund and its direct and indirect subsidiaries (QIC) on the A$795 million sale of QIC’s 50% interest in UK shopping centre, intu Merry Hill.
Located near Birmingham in the West Midlands, intu Merry Hill Shopping Centre spans 229 acres and approximately 1.3 million sqm of retail space.
Dentons advised Hines, a privately owned global real estate investment, development and management firm, on the sale of the Neptun Office Center in Gdansk and the Sterlinga Business Center in Lodz to Globe Trade Center S.A. (GTC).
The Neptun Office Center is located in the Wrzeszcz district, between the city centers of Gdansk, Sopot, and Gdynia. It offers 16,000 sq.m. of modern Class A lettable office space across 18 floors, with 160 parking spaces in three underground levels.
Irwin Mitchell In Leeds Advises On Deal
Leeds Brewery has sold its chain of pubs to Camerons Brewery as part of a strategic move by the Yorkshire based business to focus on developing and expanding its brewing operations within the region.
Established in 2007 by Sam Moss and Michael Brothwell after they met at University, Leeds Brewery has agreed to sell all seven of its pubs to the Hartlepool-based company for an undisclosed sum.
We assisted Madison in the sale of the property owning companies owning the Statoil building at Fornebu to a club of local investors established by Arctic Securities. The property value is NOK 3,9 billion, making it the largest real estate transaction in Norway so far in 2016.
Our lawyers have assisted Zephyr and Norsk Vind Energi in connection with the sale of wind farm Tellenes in Rogaland. Google will acquire the entire power production to supply its European data centers.
Ashurst has advised Tianlong Ribbon Pty Ltd (Tianlong) as trustee for Tianlong Ribbon Property Unit Trust (as takeout party) on the A$700 million sale of "The Ribbon" hotel site at Darling Harbour. This transaction is one of the first fund through hotel developments in Australia.
Global law firm Norton Rose Fulbright has advised Crompton Greaves Limited, an Indian-listed multinational company engaged in the design, manufacture and marketing of products related to power generation and distribution, on the conditional sale of its international power business to First Reserve, a US-based global private equity firm, for an enterprise value of €115 million (USD$126 million).
The sale includes assets across Europe, North America and Indonesia, and is expected to complete in early November 2016.