International law firm Taylor Wessing has acted for McLaren on the sale by way of forward funding of a portfolio valued at approximately £150m of six student housing developments to a new investment vehicle owned by a group of German pension funds and managed by Hines, a US-based privately owned global real estate investment firm.The portfolio comprises six development sites in Cambridge, Oxford, Kingston, Aberdeen and two locations in Brighton, and will deliver more than 1,100 beds in total.

Nabarro has advised Montport Capital on the sale of the Porto Montenegro Marina and Resort, a landmark yacht marina and waterfront development in Montenegro to The Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai.

International law firm Taylor Wessing has acted for a private Israeli investor, on the £220m sale of 71 Queen Victoria Street, a 200,000 sq ft office building to Pacific Eagle, a Singaporean ultra-high net worth family office.

Topsil Semiconductor Materials A/S and GlobalWafers Co. Ltd. enter into agreement on GlobalWafers’ acquisition of the silicon activities of Topsil.

LETT Law Firm advised Topsil on the structured sales process involving a wide range of potential industrial buyers and equity funds. The value of the silicon deal is DKK 320m.

Allen & Overy LLP advises Bayer on the sale of the consumer business of Bayer's Environmental Science unit to French SBM Développement SAS with registered office in Lyon.
The consumer business encompasses the Bayer Garden and Bayer Advanced businesses in Europe and North America.  Both businesses provide innovative home and garden solutions for end consumers. The parties agreed not to disclose the financial terms of the transaction. It is expected to close in October 2016.
 

Herbert Smith Freehills has advised long-standing client, Origin Energy on its agreement to sell the Mortlake Pipeline to SEA Gas Mortlake for A$245m.

The Mortlake Pipeline, which is currently operated by a related party of SEA Gas Mortlake, supplies gas to Origin’s 550 MW gas-fired Mortlake Power Station in Victoria. Origin has secured long-term gas transportation and storage services on the pipeline from SEA Gas Mortlake as part of the sale transaction.

Paul, Weiss client Ageas Insurance International N.V. announced that it has completed the sale of its Hong Kong life insurance business to JD Group, one of China's largest private equity groups, in its first investment outside Mainland China. The sale and purchase agreement was signed in August 2015 after an auction process, with a consideration of €1.22 billion. At the time of signing, this was the largest Chinese cross-border insurance deal by value since 2012.

The sale with was a condition of the clearance from the European Commission for the acquisition of Telecity Group plc by Equinix in January 2016. The sale is subject to certain customary closing conditions, including approval by the European Commission, as well as completion of a works council consultation process in the Netherlands. Upon satisfaction of those conditions, the transaction is expected to close in Q3 2016.

De Brauw Blackstone Westbroek is advising Equinix, Inc. on the separation and sale of data centres across Europe (including Amsterdam) to Digital Realty Trust, Inc. for USD 874.4 million. The sale was a condition of the clearance from the European Commission for the acquisition of Telecity Group plc by Equinix in January 2016. The sale is subject to certain customary closing conditions, including approval by the European Commission, as well as completion of the works council consultation process in the Netherlands.

Hypothekenbank Frankfurt AG continued the portfolio transfers the bank had started in 2012. For this purpose portfolios were spun off with a following accretion onto
Commerzbank AG. The transferred portfolios are linked to over 25 jurisdictions. In the future Hypothekenbank Frankfurt AG will be acting as service provider.

Hengeler Mueller advised Commerzbank AG and Hypothekenbank Frankfurt AG on the transaction. The Hengeler Mueller team included partners Hartwin Bungert (Corporate,