First UK real estate venture for the Singaporean investment firm

Eversheds Sutherland has acted as lead legal advisor for Elite Partners Capital on its first UK real estate venture with the acquisition of 97 property assets across the UK through a managed fund.

Elite Partners Capital, an asset management and investment institution based in Singapore, purchased the “Hayhill Portfolio” from Telereal Trillium for £280m through its Elite UK Commercial Fund.

Herbert Smith Freehills’ private equity and venture capital team has advised on an US$81 million Series B capital raise for Deputy Group – an Australian technology company that develops cloud-based workforce management solutions.

Institutional Venture Partners led the investment and were joined by OpenView Venture Partners and Square Peg Capital. Herbert Smith Freehills previously advised Deputy on its US$25 million Series A capital raise in late 2016.

Led by Hamburg partner Carla Luh and Frankfurt Counsel Alexander Stefan Rieger Hogan Lovells has advised Kapsch TrafficCom AG, an internationally renowned provider of intelligent transportation systems and European Electronic Toll Service (EETS) Provider, as well as Axxès SAS, a leading business in the European heavy goods vehicles (HGV) toll collection market and EETS Provider, on all aspects relating to the implementation of an innovative joint venture in the European HGV tolling sector.

Macfarlanes has advised market-leading Fintech Salary Finance on a joint venture with independent banking group CYBG. The initiative will see CYBG add an innovative channel to its exiting personal lending business by funding Salary Finance’s rapidly growing product line for salary-deducted loans.

Co-founded by the former Head of Google UK & Ireland, a former banking consultant and a social impact entrepreneur, Salary Finance brings together expertise in financial technology with a desire to do social good.

NEW YORK – McDermott Will & Emery today announced the arrival of cross border dealmaker David M. Grimes in the Transactions Practice Group in New York. With more than 30 years of experience, David represents companies and private equity firms in their acquisitions, dispositions and joint ventures as well as banks and other financial institutions in their financing transactions and restructurings.

Melbourne - Global law firm K&L Gates has appointed leading real estate lawyer Randall Gerkens as a partner in its Melbourne office. Gerkens joins K&L Gates from Corrs Chambers Westgarth, where he led the Melbourne real estate practice.

Global law firm White & Case LLP has expanded its Global Mergers & Acquisitions Practice with the addition of Nirangjan Nagarajah as a new partner in Melbourne.

Baker McKenzie has advised the Culture & Patrimoine group in the framework of a strategic partnership and the creation of a joint real estate investment trust with Omnes via its Construction Energie Plus (CEP) fund, the purpose of which is to finance the acquisition and renovation of buildings destined for corporate events and cultural or tourist activities.
 

McDermott advised the Institute for Sports Credit in the negotiation and completion of a loan agreement with the Council of Europe Development Bank to support the financing of public sport infrastructures in Italy.

Simpson Thacher recently represented the initial purchasers, led by J.P. Morgan Securities plc, SMBC Nikko Capital Markets Limited, Morgan Stanley MUFG Securities Co., Ltd., Barclays Bank PLC, BNP Paribas and HSBC Bank plc, in the offering by Takeda Pharmaceutical Company Limited (“Takeda”) of its €7.5 billion aggregate principal amount of senior notes. The notes were issued in six series with maturities ranging from 2020 to 2030.