International law firm Bird & Bird has advised All Iron, a socimi specialising in tourist accommodation, on the sale of a real estate asset in Budapest to the Polat Group for €18.5 million. With this divestment, the company will be able to focus its portfolio entirely on Spain. The asset has a built-up area of […]
Vasconcelos Advogados has advised the PortoBay group on the signing of a complex joint-venture agreement with the Humbria Group, involving two hotel projects in the Algarve: PortoBay Falésia, which the Group has already operated
Deal & transactions
Sacyr closes capital increase for €222m without pre-emptive subscription rights:
Sacyr, a world leader in the infrastructure concessions sector, has announced the launch of a cash capital increase excluding pre-emptive subscription rights through the issue of up to 66,670,077 new ordinary shares, representing approximately 9.6% of its
Baker McKenzie has advised the socimi Smart Living Properties (a vehicle created by Bestinver following its alliance with SmartRental Group) on the acquisition of the Santara Senior Living Resort complex, located in the area of
Banking & Finance
Deal & transactions
Energy
Recurrent Energy secures green, multi-currency financing of up to €1.3b
Recurrent Energy, a subsidiary of Canadian Solar and a global developer and owner of solar and energy storage assets, has announced that it has secured a landmark multi-currency revolving credit facility valued at up
PLMJ has advised GALP on the negotiation and signing of an agreement for the (indirect) sale of its 10 per cent stake in the exploration concession in area 4 of the Rovuma basin in northern Mozambique to
Clifford Chance has advised Norges Bank Investment Management on the acquisition of a 49% interest in a 644 MW portfolio of solar plants located in Spain from Iberdrola The portfolio comprises two solar plant projects with a
Uría Menéndez and Martínez-Echevarría have advised on BD Capital acquisition of a majority stake in Netex Knowledge Factory, the Galician e-learling company, through a takeover offer to all shareholders at a
Deloitte Legal and Gómez-Acebo & Pombo on the sale of a majority stake in Grupo HT, a Spanish provider of radiology and diagnostic imaging services, to the investment fund Fremman Capital, a pan-European venture
Garrigues and Montero Aramburu has provided legal counsel in Axel Johnson International‘s acquisition of stakes in its subsidiaries, Rodamientos y Servicios (“Royse”) and Royse ISM Servicios Integrales (“ISM”), by the Swedish multinational Axel Johnson
