Schellenberg Wittmer advised the seller of the office tower "Airgate" in a complex auction process

De Brauw, as lead counsel, has assisted Klépierre in divesting a EUR 770 million portfolio of nine shopping centres located in the Netherlands to Wereldhave. The portfolio includes convenience and district shopping centres mostly located in cities outside the Randstad.

Klépierre is a leading European shopping centre property company that combines development, rental, property, and asset management skills. Its portfolio was valued at EUR 21 billion on 31 December 2014.

Shanghai/Hong Kong – Paul Hastings LLP, a leading global law firm, announced today that it advised the seller, Century Holding Company Limited, a joint venture between The Carlyle Group and CLSA, on the sale of Hongjia Tower (the ‘property’) to a wholly-owned subsidiary of Yuexiu Real Estate Investment Trust.

The property comprises a 25-storey Grade A office building located in the Zhuyuan central business district of Pudong, Shanghai.

The Paul Hastings team was led by partners Wayne Ma and Paul Guan, with support from associates Winfield Lau and Eugenie Hui.

With a team led by Düsseldorf-based partner Dr. Peter Zimmermann, Heuking Kühn Lüer Wojtek advised glass packaging manufacturer Owens-Illinois on the sale of an industrial site. The advice included in particular the drafting of the purchase agreement and due diligence including data room review. Buyer of the 110,000 square meter site in Achern is Karl group, based in Innernzell, Bavaria. Karl group emerged from a bidding procedure, in which three bidders had participated. The purchase price was not disclosed.

Herbert Smith Freehills has advised Federation Centres on the sale of two of its New South Wales shopping centres for a combined total of A$100 million.

Both centres – Goulburn Plaza in Goulburn and Westside Plaza in Broken Hill - involved the sale of fully tenanted shopping centres, as well as adjacent vacant land at Westside Plaza.

Ashurst has advised Rocla Pty Ltd (Rocla), a subsidiary of Fletcher Building Limited, on the A$203 million sale of Rocla Quarry products.

Rocla have agreed to sell the Rocla Quarry Products business, which operates in New South Wales, Victoria, South Australia and Western Australia, to Hanson Construction Materials Pty Ltd. Fletcher Building will continue to own and operate Rocla Quarry Products until completion of the transaction, which is expected to be by the end of January 2016.

E.ON and German Pellets signed an SPA for the transfer of 100% of the shares in Langerlo NV.

On 14 August, E.ON and German Pellets signed an SPA for the transfer of 100% of the shares in Langerlo NV. Langerlo NV is the company owning the hard coal-fired electricity generation plant in Langerlo and holding the rights for the conversion into a 100% biomass fired plant. This is one of the biggest transactions on the Belgian energy market for this year.

The conversion project is also considered to be key for the Flemish region’s 2020 renewable targets.

Dentons represented the owner of the Soseddushka retail chain on the sale of 100 stores in the city of Orenburg and Orenburg Oblast. The buyer was X5 Retail Group, one of the leading food retailers in Russia. The total area of the stores sold is nearly 63,000 m2, with floor space in the amount of 36,700 m2. Sixty-one of the supermarkets are located in the city of Orenburg, with the rest in Orenburg Oblast.

The Dentons team was led by Alex Skoblo, Moscow Partner, with key support from Ethan Heinz, Moscow Of Counsel, Andrei Kiryanov and Olga Rogozhina, Moscow Associates.

CMS Budapest has advised Bluehouse Capital on the successful sale of the Infopark E office building to Diofa Asset Management. The sale is one of the largest single asset transactions in Hungary in 2015.

Infopark E is a 17,000m2 office building located in Budapest with an attractive tenant mix retained at full occupancy. It is a part of the 100,000m2 Infopark office complex.

Founded in 2004, Bluehouse is a private equity real estate investment management firm focused on Emerging Europe with offices in Bulgaria, Czech Republic, Romania, Croatia, Serbia and Greece.

Dentons’ Real Estate team advised BlackRock’s Real Estate division on the preliminary sale of two shopping centers in Southern Poland, Karolinka in Opole and Pogoria in Dabrowa Gornicza, to RockCastle Global Real Estate.