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Deal Date: 11-03-2015 Practice Area: Real Estate
Deal Title: Klepierre Acquisition of The Plenilunio Shopping Center, Madrid Industry: Real Estate Investment & Services
Description:
White and Case LLP advised Klepierre, one of the major European players in the retail property market, on its EUR375 million acquisition of the Plenilunio shopping center in Madrid from an entity 100 percent indirectly owned by Orion European Real Estate Fund III C.V. At 70,000 square metres, Plenilunio is one of the major shopping centers in Madrid, welcoming 10.5 million visitors annually. The White and Case team which advised on the transaction was led by partners Brice Engel (Paris) and Juan-Manuel de Remedios and local partner Carlos Daroca (both Madrid), with support from associates Marta Sanchez-Blanco and Julio Peralta (both Madrid).
Financial Center: Madrid Value: 0.00-100.00
Advised Party: Purchaser Law Firm
Real Estate Jurisdiction Spain Purchaser Jurisdiction France
Classification: Real Estate Acquisitions and Disposals Shopping Centre
Lawyer Juan-Manuel de Remedios