Baker McKenzie advised Sika on the acquisition of the FAIST ChemTec Group. Faist ChemTec is a leading manufacturer of high-performance engineered, structure-borne acoustic solutions. The acquisition brings technology and know-how that will accelerate Sika’s growth and drive market penetration via the strong synergies between the two companies. The transaction is subject to clearance by anti-trust authorities.
Moscow—The Sever-2 class A logistics complex is located in the Solnechnogorsky district, 35 kilometers north of the MKAD on Leningradskoye Shosse, or on the new M-11 toll road. The complex’s anchor tenants are OBI, O’key, Major, Miratorg and R-Pharm.
Warsaw, 1 December 2017. CMS has advised the Polish Development Fund on the conclusion of a joint venture agreement with Famur concerning a joint investment in Mining Equipment Finance.
CMS has provided advice to Bank Gospodarstwa Krajowego in relation to financing the construction of a Courtyard by Marriott hotel in Edinburgh co - owned by the Polish family company Polcom Group. The value of the project is GBP 14 million.
CMS has advised a consortium consisting of Aspen Group and a number of other Israeli institutional parties in the purchase of a real estate portfolio. The consortium has acquired a property portfolio consisting of 8 (office) buildings from APF International and Ares Management. The total transaction value amounted to approx. € 115 million. The portfolio has a total lettable floor area of approximately 63,000 m² and generates approximately 9.5 million euro in annual rental income with an occupancy rate of 99%.
LONDON (December 22, 2017) – Morrison & Foerster, a leading global law firm, is advising Global Logistic Properties Limited (GLP), the leading global provider of modern logistics facilities, in connection with the formation of two new European funds which increase the size of GLP’s fund management platform by US$4 billion (€3.4 billion) to US$43 billion. These funds were formed in conjunction with GLP’s acquisition of Gazeley, a premier developer, investor and manager of European logistics warehouses and distribution parks.
LONDON (December 22, 2017) – Morrison & Foerster, a leading global law firm, is advising Global Logistic Properties Limited (GLP), the leading global provider of modern logistics facilities, in connection with the formation of two new European funds which increase the size of GLP’s fund management platform by US$4 billion (€3.4 billion) to US$43 billion. These funds were formed in conjunction with GLP’s acquisition of Gazeley, a premier developer, investor and manager of European logistics warehouses and distribution parks.
CMS Belgium assisted ASIT biotech in the preparation of its new fundraising in order to further develop its activities. ASIT biotech is a Belgian clinical-stage biopharmaceutical company listed on Euronext Paris and Euronext Brussels, focusing on the research of breakthrough immunotherapy products for the treatment of allergies.
Swiss Prime Site Immobilien AG has acquired Bellevue-Bau AG from Anlagestiftung fenaco LANDI.
Global law firm Norton Rose Fulbright has advised the lenders for the construction, operation and maintenance of the new police headquarters Southeast Hesse in the city of Offenbach.
The headquarters will have capacity for 800 policemen and women and is structured as a public-private partnership (PPP). The state of Hesse and a project company held by Goldbeck Public Partner GmbH and Amber Infrastructure GmbH signed the contracts on 7 December.