KWM Advises on $1bn+ Coles-ISPT Property Deal

King & Wood Mallesons has advised Coles on a strategic long term alliance with ISPT pursuant to which ISPT will initially acquire a 75% interest in its 19-strong national shopping centre portfolio and the joint venture will develop and acquire additional centres.

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Tags:  King & Wood Mallesons

Paul Hastings Represents RBC Capital Markets, Merrill Lynch, Pierce, Fenner & Smith Incorporated and GE Capital Markets, Inc. in $380 Million Loan to Internet Brands

Paul Hastings, a leading global law firm, announced today that the firm represented RBC Capital Markets and Merrill Lynch, Pierce, Fenner & Smith Incorporated as Joint Lead Arrangers and RBC Capital Markets, Merrill Lynch, Pierce, Fenner & Smith Incorporated and GE Capital Markets, Inc. as Joint Bookrunners in connection with a $330 million term loan and a $50 million revolving loan to Micro Holding, L.P. and Internet Brands, Inc.

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Tags:  Paul Hastings, LLP | New York

Latham & Watkins Advises on Successful Registration of Hong Kong Tax-Exempt Charity

Latham & Watkins has assisted Asia Community Ventures (“ACV”), on a pro bono basis, in its incorporation and registration as a company limited by guarantee with the Companies Registry and its successful application for charity status under Section 88 of the Inland Revenue Ordinance (Cap. 112) (the “Ordinance”). ACV is an independent, Hong Kong-based not-for-profit organization supporting impact investing and social entrepreneurship in Hong Kong and Asia. Among its activities, ACV, working in partnership with The Rockefeller Foundation, has launched the “Impact Economy Innovations Fund” offering unconditional grants of up to a total of $400,000 to fund intermediaries that promote the growth of impact investing and social enterprise work in Asia.

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Tags:  Latham & Watkins LLP | Hong Kong

Squire Sanders Advises On €369 Million Acquisition of Residential Real Estate Portfolio

Global legal practice Squire Sanders has advised listed residential property company, Deutsche Wohnen AG, on the acquisition of a real estate portfolio of approximately 6,900 units in Berlin from Luxembourg affiliates of Blackstone Real Estate Partners Europe III. The purchase price for the acquisition consists of €260 million in cash and 8,150,000 new shares, which will result in the Blackstone Funds becoming a 5% shareholder in Deutsche Wohnen. The acquisition will complete following merger clearance and registration of the capital increase with the commercial register.

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Tags:  Squire Patton Boggs