Eversheds has advised the £480m Airport Industrial Property Unit Trust (AIPUT), on exchanging contracts with Kuehne + Nagel to deliver a 130,500 sq ft flagship warehouse at London Heathrow Airport.

Kuehne + Nagel, a global transportation and logistics company based in Switzerland, has committed to take occupation of AIPUT’s 12,125 sqm warehouse at the Heathrow South Cargo Centre (HSCC).

Jason Jackson and Catherine Hood of national law firm Shoosmiths in Birmingham have acted for the landlord and their advisors on the let of 130 Colmore Row in the city centre.

The landmark building, on the corner of Colmore Row and Waterloo Street, overlooking Victoria Square, was previously owned by Birmingham City Council.

It was purchased by a Chinese-led consortium, with the assistance of Birmingham property developers Court Collaboration and local lawyer James Ng, in a multi-million pound deal in February of this year.

Linklaters has acted for one of W. P. Carey's managed non-traded REITs on the EUR 9.7 million sale-leaseback of an office/R&D facility with Nokia Solutions and Networks. The transaction represents W. P. Carey's second deal in Poland this year following back in March, when the company had completed the acquisition of Lipowy Office Park, which serves as Bank Pekao’s headquarters, in Warsaw.

Watson, Farley & Williams Asia Practice LLP (“WFWAP”), Singapore, acted as English law and lead counsel for Nam Cheong in relation to the leasing of an offshore support vessel (“OSV”) by way of a Mexican financial leasing structure and the sale of the OSV to a customer based in Latin America.

Nam Cheong, which is listed on the Singapore Stock Exchange, is Malaysia’s largest offshore marine group specialising in the building of OSVs.

Slaughter and May advised The Clothworkers’ Company in connection with the proposed redevelopment by Generali, the Italian insurer, of the island site known as 120 Fenchurch Street, London EC3. The transaction involved the acquisition of freehold land by the Clothworkers and the grant of a new 200 year ground lease to Generali.

Generali proposes to build a new 420,000 sq.ft office development which will predominantly be let as the new City headquarters of M&G.

CONTACTS

Stephenson Harwood LLP has advised on the launch of a new equipment leasing fund, SQN Asset Finance Income Fund Limited (SQN). SQN is a newly-incorporated Guernsey-registered main market listed fund which intends to invest in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK and US.

Slaughter and May advised Ropes & Gray LLP (Ropes & Gray) on its new 45,000 sq. ft. London offices at 1 New Ludgate, London EC4. Ropes & Gray has agreed to take two 20-year leases of the third and fourth floors from Land Securities and expects to move to its new premises in September 2015.

CONTACTS

Real Estate: John Nevin (partner), Oliver Moir (associate), Sarah Tolley (associate), Rachael Ashton (associate), Tom Inker (associate); Tax: William Watson (partner)

DLA Piper has acted for arts charity Community Focus on a pro bono basis, providing advice that has helped secure the long-term future for the charity.

Community Focus is an inclusive multi-arts centre based in Barnet. The charity works to encourage members of the community to participate in the arts, to gain confidence and to challenge barriers through integration and innovation.

Shoosmiths' real estate team has acted for Xafinity Consulting, in a deal that will see the company relocate from Greyfriars Road in Reading to Phoenix, a prestigious new office on Station Hill.

Xafinity, one of the UK's leading pensions and employment benefits specialists, will take the entire second and third floors of the new office development situated next to Reading railway station, providing a total of 20,521 sq ft of office space.

Global law firm White & Case LLP has advised listed real estate investment company Icade on the 12.5-year lease agreement with auditory and consultancy firm KPMG for 40,468 square metres of office space in the EQHO tower, La Défense.

The lease will come into effect on April 1, 2015 upon completion of installation works by KPMG.

The White & Case team in Paris which advised Icade was led by partner Brice Engel with support from associate Louise Duvernois.