Site To Be Used For Over 700 New Homes
The Real Estate team within the Sheffield office of leading law firm, Irwin Mitchell, has advised long-standing client Hallam Land Management Limited and its joint-venture partner The Harpur Trust on a multi-million pound land sale to Bovis Homes and Linden Homes.
Slaughter and May is delighted to have continued its support for English National Ballet by advising it in relation to the sale of Markova House, its current headquarters in London SW7, to the Royal College of Music. The completion of the sale is expected to occur in Autumn 2018 in line with English National Ballet's planned move with English National Ballet School to London City Island, announced earlier this year.
DLA Piper advised Bo Business on the sale of all the shares in the capital of Amsteldijk Hotel Ontwikkeling to Pestana Holland (as part of the Pestana Group).
Setterwalls has assisted Djurgårdsstadens Fastigheter AB in its sale of properties to Kungsleden AB (publ). The properties Rotterdam 1, Tegeludden 13, Stettin 5 and Stettin 6 are situated at Gärdet-Frihamnen and the property Godsvagnen 9 is situated in Hammarby Sjöstad. The total rental area is 96 000 square meter, and the total consideration was approx. 3 billion SEK.
Setterwalls team was led by Karl-Johan Nörklit and assisted by Niklas Svantesson, Nicole Hervidsson and Alexander Lindmark.
Setterwalls has assisted KF Fastigheter in the sale of seven retail properties located in Huddinge, Södertälje, Linköping, Mjölby, Nyköping och Halmstad. The properties’ leasable area amounts to approximately 28 300 square meters. NREP Nordic Strategies Fund acquired the properties’ for 530 million kronor.
Setterwalls team was led by Niklas Svantesson and assisted by Dan Örnfjäder.
Dentons' real estate team has advised Skanska Property Poland on the sale of four office buildings to a fund managed by the Swedish fund manager Niam. The deal was the largest sale transaction completed this year in the office sector in CEE and Skanska’s largest ever project in the region.
Skanska’s portfolio of 63,000 sq.m. includes two projects in Krakow - Kapelanka 42 A and Axis, as well as buildings A and B in the Silesia Business Park complex in Katowice.
Berwin Leighton Paisner (BLP) has advised Tesco on the sale of fourteen development sites across London, the South East and Bath for £250m.
Spenhill, Tesco’s property development subsidiary, sold the sites, suitable for mixed-use and residential development, to a fund and clients advised by Meyer Bergman. Completion has been reached on eleven sites, with the remaining sites to be completed in due course.
Pandox has sold the Scandic Antwerp hotel to the Dutch Van Der Valk group. The property value amounted to EUR 16 million. The transaction will close on 1 December 2015. Pandox AB, listed on Nasdaq Stockholm, is a leading owner of hotel properties in Northern Europe with a focus on sizeable hotels in key leisure and corporate destinations. Pandox’s hotel property portfolio comprises 104 hotels with approximately 22,000 hotel rooms across eight countries.
For this divestment, Pandox was assisted by a Eubelius team led by Marieke Wyckaert and Tim Van Moorhem.
NautaDutilh's Real Estate team closed a deal for Barrage Vastgoed BV, selling the European Headquarters of Office Depot in Venlo to American investment fund Global Net Lease.
The office building consists of 16,591 m2 and about 660 parking lots and is let for the long-term to Office Depot.
The team was led by David van Dijk and consisted of Frank Spraakman, Frederike Manzoni - van de Kuilen and Fleur Bouman.
Charles Russell Speechlys recently advised Sainsbury’s Supermarkets Ltd in connection with the sale of their pharmacies to Lloyds Pharmacy Limited (owned by Celesio AG) for the sum of £125 million.
The sale has been widely reported in the press, and will result in a significant increase in the number of pharmacies owned by Lloyds, which is the second largest pharmacy chain in the UK.