A team of lawyers from the Dispute Resolution team of Wolf Theiss Bucharest office led by Partner Ligia Cecilia Popescu secured a favourable decision in first instance in an EUR 180 million claim against the majority shareholder of Electroputere Craiova, the Saudi-Arabian company Al-Arrab Contracting Co., an affiliate of the Investment Fund Al Rajhi.
Freshfields Bruckhaus Deringer has advised a joint venture led by Tishman Speyer on the sale of the high-rise building OMNITURM in Frankfurt am Main. Purchaser is Commerz Real who acquires the property for its open real estate fund "hausInvest". The complex transaction was carried out by way of a share deal; signing and closing of the transaction took place on the same day.
Leading international law firm Simmons & Simmons has assisted Blackstone in obtaining one of the first authorisations to do direct lending in Italy, granted by the Bank of Italy to a foreign alternative investment fund.
Blackstone is one of the world’s leading investment firms which encompasses private equity and real estate funds, hedge fund solutions, and credit funds.
Simpson Thacher is advising a joint venture between Blackstone Property Partners and Telereal Trillium in connection with the £777 million debt financing for the acquisition by the joint venture of part of Network Rail’s commercial estate portfolio. Blackstone and Telereal will hold equal ownership stakes in the joint venture.
Greenberg Traurig advised a joint venture managed by Schroders on the acquisition and financing of the Pollux office tower in Frankfurt am Main. The Finnish pension fund Ilmarinen Mutual Pension Insurance Company and another international institutional investor form the joint venture. The purchase price amounts to approximately EUR 230 million.
The 32-story office tower comprises approximately 35,000 square meters of rental space and is currently 95 percent let. The main tenant is Zurich Insurance.
Greenberg Traurig advised a joint venture managed by Schroders on the acquisition and financing of the Pollux office tower in Frankfurt am Main. The Finnish pension fund Ilmarinen Mutual Pension Insurance Company and another international institutional investor form the joint venture. The purchase price amounts to approximately EUR 230 million.
The 32-story office tower comprises approximately 35,000 square meters of rental space and is currently 95 percent let. The main tenant is Zurich Insurance.
Greenberg Traurig advised Curzon Capital Partners IV (CCP IV), a fund managed by Tristan Capital Partners (Tristan), on the sale of the Garden Tower in Frankfurt am Main. The buyer is GEG German Real Estate Group AG. The parties have agreed to keep the purchase price confidential.
Greenberg Traurig advised HB Reavis Group on the sale of two A class office buildings, part of the Gdanski Business Center complex in the center of Warsaw. The transaction was conducted through the sale of the corporate structure (including the shares and rights and obligations of the general partners) owning the two office buildings - Gdanski Business Center C and D (GBC) - to Savills Investment Management who acted on behalf of a global pension fund client. The value of the transaction exceeded EUR 200 million. This transaction one of the biggest of its kind in Poland in 2018.
To support its strong development trend, Atream, a leading independent investment fund manager in the tourism property industry, has opened up its capital to NextStage, an investment company listed on Euronext Paris.
This partnership consists for NextStage in acquiring a majority stake in Atream, with Atream's founders retaining control of the company.
Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised Home4Life Limited on its successful selection by the NSW Government to finance, develop and provide specialist disability accommodation services in 69 new group homes for 330 residents in the state’s Hunter region.
Home4Life (a joint venture by BlueCHP Limited and Compass Housing Services Co Limited) will work with specialist independent living providers who will provide care and management of specialist disability services.