Resource

 

 

 

 

 

 

 

 

 

 

 

Real Estate & Construction

Ashurst advises Oxford Properties on sale of 50% stake in Paris portfolio

16 Jul 2018

International law firm Ashurst advised Oxford Properties, the global real estate arm of the OMERS defined benefit pension plan, on the sale of a 49.9% stake in its French portfolio to a fund advised by J.P. Morgan Asset Management for approximately €400 million.

The sale of a non-managing interest in 32 Rue Blanche, 92 Avenue de France and Paris Bastille gives Oxford Properties a strategic investment partner in Paris and releases capital to make further investments.

DLA Piper advises Allianz in acquisition of grade-A office space in Beijing

16 Jul 2018

DLA Piper has advised Allianz Real Estate GmbH (Allianz) in the acquisition of a 31,426 square meters grade-A office asset located in Zhongguancun, a sought-after hub for IT and technology companies in Beijing. Branded as China's Silicon Valley, Zhongguancun Software Park has seen strong rental growth and one of the lowest levels of vacancy in the capital city.

The office space is currently 100 percent occupied and leased to leading Chinese technology companies, some are well-known internationally.

Trowers & Hamlins has advised Residential Secure Income plc on its pioneering Registered Provider

13 Jul 2018

International law firm Trowers & Hamlins has advised Residential Secure Income plc (“ReSI”) which invests in residential asset classes that comprise the stock of UK social housing providers on the registration of its wholly owned subsidiary ReSI Housing Limited (‘ReSI Housing’) as a Registered Provider of Social Housing with the Regulator of Social Housing. ReSI is managed by ReSI Capital Management Limited, a wholly owned but separately regulated subsidiary of TradeRisks Limited.

Clifford Chance advises Helical plc and AshbyCapital on the major pre-let of One Bartholomew, London

13 Jul 2018

Clifford Chance has advised Helical plc and AshbyCapital on their first pre-let at One Bartholomew in Farringdon London to digital advertising company The Trade Desk. One Bartholomew is a 12-storey, 215,000 square foot office building located within the Barts Square development. The development of the building is expected to complete later this year.

The letting sees The Trade Desk agree to take just over one quarter of the lettable space in the building, which is being forward funded by AshbyCapital and developed by Helical.

Dentons Rodyk acting for Mapletree Logistics Trust in its proposed acquisition of five Singapore properties for S$778.3m

13 Jul 2018

Dentons Rodyk acted for Mapletree Logistics Trust Management Ltd., the Manager of Mapletree Logistics Trust (“MLT”) (being the first Asia-focused logistics REIT in Singapore), in MLT’s proposed acquisition of five modern, ramp-up logistics properties from Hong Kong-listed CWT International Limited (a wholly-owned subsidiary of Chinese conglomerate HNA Group), for an estimated acquisition purchase price of S$778.3 million.

Linklaters advises Griffin Real Estate and Redefine on the acquisition of nine warehouse parks for around EU200m

12 Jul 2018

Linklaters has advised Griffin Real Estate and Redefine on the acquisition of nine logistics properties located in Poland for a total price of around EU200m via the European Logistic Investment BV ("ELI"), a company owned by Redefine Properties Limited and controlled by Griffin Real Estate's partners.

Round Hill Announces Strategic Minority Investment by Dyal Capital

10 Jul 2018

Simpson Thacher is representing Round Hill Capital in connection with a strategic minority investment in Round Hill by Dyal Capital Partners. Dyal has acquired a passive, non-voting, minority stake in the firm. Additional terms of the transaction were not disclosed.

Round Hill is a leading global specialist real estate investment, development and asset management firm that has a long and proven reputation for successfully identifying and acquiring high quality real estate investments.