The real estate team at the Manchester office of leading national law firm Shoosmiths has advised Allied London on one of the biggest office pre-lets in the city in almost 20 years.

Shoosmiths acted for Allied London on the pre-let of 222,000 sqft of space at Manchester Goods Yard, which forms part of Allied London's Enterprise City tech campus.

Booking.com will be one of Enterprise City's anchor tenants in the 12 year letting deal which will provide a new global headquarters for the group's ground transportation division, Rentalcars.com.

Simpson Thacher represented Platin 1426. GmbH, a Blackstone portfolio company and the direct parent of Schenck Process, in connection with its Rule 144A and Regulation S offering of €125 million in aggregate principal amount of 6.875% Senior Secured Notes due 2023. The bond offering closed on August 3, 2018.

The gross proceeds of the bond offering will primarily be used to repay the outstanding borrowing under a bridge facility agreement, which was used to finance Schenck Process’ acquisition of Raymond Bartlett Snow, which was completed on June 29, 2018.

Corrs Chambers Westgarth has advised ESR on its A$102.5 million acquisition of one of Australia’s leading property development and construction businesses, Commercial and Industrial Property (CIP).

Davis Polk advised Vanke Service (HongKong) Co., a subsidiary of China Vanke, on its subscription for 4.9% of the ordinary shares of Cushman & Wakefield plc concurrently with, and after giving effect to, Cushman & Wakefield’s initial public offering and listing on the New York Stock Exchange. The aggregate subscription price was approximately $180 million. In addition, the parties intend to discuss possible opportunities related to their respective businesses in the Greater China Region.

The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the German office of Pemberton, the diversified asset manager, on the provision of a comprehensive refinancing of Expotechnik Group founded and managed by Patrick O. Soschinski.

Pemberton provides long-term financing to growth companies across Europe. It covers the German-speaking region out of its Frankfurt-based subsidiary and ranks as one of the most active private debt funds in Germany.

Hong Kong  – Paul Hastings, a leading global law firm, announced today that the firm advised Yuzhou Properties Company Limited (“Yuzhou Properties”), a leading property developer in China’s Fujian province listed on the Main Board of the Hong Kong Stock Exchange, on its issuance of US$425 million 7.90% guaranteed senior notes due 2021. Credit Suisse acted as the sole global coordinators, and Credit Suisse, BOC International and Yuzhou Financial acted as the joint lead managers and joint bookrunners.

Greenberg Traurig Warsaw Office advised Golub GetHouse, as the landlord, on lease concluded with WeWork, a global leader in flexible workspace, which became the exclusive tenant of office space in the Western Building of Mennica Legacy Tower complex. Mennica Legacy Tower complex is being developed on the corner of Prosta and Zelazna streets in Warsaw by Golub GetHouse and Mennica Polska.

The transaction was led by Local Partner Magdalena Zyczkowska-Jozwiak, who was supported by Associate Agnieszka Gul-Czajkowska and Associate Karol Lewandowski.