Ashurst advised Triuva Kapitalverwaltungsgesellschaft mbH (Triuva), a company of Patrizia Immobilien AG, on the acquisition of the core property K1 on behalf of an institutional investor. K1 was sold by CBRE Global Investors.
Deutsch: Orrick berät Deutsche Telekom bei Gründung eines deutsch-amerikanischen Smart Glasses Joint Ventures mit ZEISS
Orrick advised Deutsche Telekom on the creation of a joint venture with the ZEISS Group for the development of innovative smart glasses.
The company, tooz technologies, is based in the U.S. and Germany. Equally funded, the company assumes strategic and operational responsibility for the further evolution of the optical technology invented by ZEISS, and the delay-free connectivity provided by Telekom.
Travers Smith LLP has advised funds managed by Ancala Partners LLP on their acquisition of South Downs Capital Limited, parent company of Portsmouth Water Limited, from South Downs Trustees Limited as trustee of the South Downs Employee Benefit Trust.
Law firm Stephenson Harwood LLP has advised Avico Group on the sale of its subsidiary Flybus to Transdev.
Avico Group offers a range of integrated services for the aviation transport industry, including aircraft leasing and chartering and airport facilities such as cabin cleaning and training. Flybus transfers passengers and aircrew between Paris Charles–de-Gaulle terminals and aircraft. It has a fleet of 50 buses serving more than 40 airlines, transporting over seven million passengers annually.
Global law firm Herbert Smith Freehills has advised the Russian Export Center (REC), an institution with specific expertise in export transactions and procedures, on a strategic c.US$30 million investment (with additional c. US$45 million being a callable element) in Class "C" shares of the African Export-Import Bank (Afreximbank), a supranational trade finance bank.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising RELX Group, a global provider of information and analytics for professional and business customers across industries, on its simplification of its corporate structure from a dual-listed company into a single parent company that will be listed in London, Amsterdam and New York.
Global bank BNP Paribas has acquired the wealth management and insurance activities of ABN AMRO in Luxembourg. International law firm Clifford Chance has advised BNP Paribas on this major European banking transaction.
In the course of the transaction, the Luxembourg arm of BNP Paribas, BGL BNP Paribas, acquires all of the shares in the Luxembourg private bank ABN AMRO Bank (Luxembourg) S.A. and its insurance subsidiary ABN AMRO Life S.A.
Burges Salmon’s corporate team has advised the shareholders of Bristol based True Clarity on its acquisition by Valtech, a global digital agency focused on business transformation.
The cross-firm team was led by corporate partner Mark Shepherd and senior associate Tim Roberts.
Womble Bond Dickinson played a key role in advising Vesta Global Limited ahead of their recent launch.
Vesta went live with their online PRS platform last week, with the objective of giving institutional funds that have hundreds of millions of pounds set aside for PRS access to a ready-made catalogue of existing rental stock that they can pick for their own portfolios
Ashurst has advised long-standing client Invesco Real Estate on the acquisition and forward funding of a 255-home PRS development in Hounslow, west London, being built by Meyer Homes.