Firms To Watch: Real estate

ADVANT Altana‘s newly created real estate practice focuses on civil and commercial leases for all types of assets, including retail buildings, office buildings and logistics centers.

Real estate in France

Allen & Overy LLP

Allen & Overy LLP‘s ‘competent and creative‘ real estate team is known for ‘offering solutions, not problems‘ when handling complex real estate transactions. The firm recently assisted Groupama with its project to develop the Tour The Link, which will be the highest building in Paris La Défense. Jean-Dominique Casalta is the head of the real estate group in Paris and is frequently involved in the acquisition, disposal, and structuring of structured portfolios for French and international investors. Julien Roux is the go-to name for real estate finance. Antoine Chatry is recognised as an up-and-coming name in real estate transactions, in particular commercial leases.

Practice head(s):

Jean-Dominique Casalta

Testimonials

‘A&O offers us solutions, not problems!’

‘Caroline Delavet has a remarkable knowledge of her market, stakeholders, structures, acceptable practices, and the ‘red lines’ that are not to be crossed. I really appreciated her pedagogical spirit which helps all of my employees progress.’

‘I worked with Jean-Dominique Casalta, and Corentin Dolivet. They have both been remarkable. A very high-quality involvement, and client service without counting their time.’

‘The A&O team offers a combination of (i) leading legal real estate expertise and (ii) a hands-on approach to transactions and projects. Their understanding of commercial issues is outstanding. The depth of their experience (corporate transaction, debt restructuring, BEFA, etc) makes them an invaluable partner to work with. Billing is transparent and with no surprises at the end of the project.’

‘Jean-Dominique Casalta is a very experienced lawyer. From my point of view, he is much more than a legal advisor, his strategic views on the real estate industry and on deals are very valuable. He is always available. He keeps a (discrete) eye on every aspect of a transaction.’

‘Antoine Chatry is a very detail-oriented lawyer with impressive commercial acumen. His ability to combine a big picture mindset and amazing attention to detail is extremely rare.’

‘Available, rigorous, and hard-working team. They are hungry for deals.’

‘Very competent, creative team and very involved in the success of client projects.’

Key clients

Acofi Gestion

Action Logement

Atream

Appolo

Allianz Real Estate

Bain Capital

BNP Paribas

BNP Paribas REIM

CBRE Global Investors

CBRE Global Investors

Celes RE

Citi

Colony Capital

Corestate Capital

Deutsche Bank

DRC Capital LLC

DWS Grundbesitz GmbH (Reef Investment)

Etoile Properties

Eurosic

GECINA

Generali

Goldman Sachs

Groupama Immobilier

Groupe IDEC

Goodman France

H.I.G. Capital Inc.

HSBC

Icade

Ivanhoé Cambridge – Caisse de Dépôt et de Placement du Québec

JP Morgan Asset Management

Katara Hospitality

King Street

La Banque Postale Asset Management

Natixis

Nokia

PAREF Group

PFA Pension

Proudreed

Samsung

Schroders

Société Générale

Sogecap

State General Reserve Fund of Oman

Tristan Capital Partners

TwentyTwo Real Estate

Unibail-Rodamco-Westfield

Work highlights

  • Advised Gulf Islamic Investments (GII) on the acquisition and financing of the Altaïs tower, a fully restructured office building located in Montreuil (eastern Paris).
  • Assisted Gecina with the renewal of the lease granted to Louis Vuitton Malettier and the contemplated redevelopment of Louis Vuitton flagship in France, located at 101 Avenue des Champs Elysées in Paris.
  • Acting as counsel for Goldman Sachs in relation to the financing of a pan-European portfolio of 27 real estate assets acquired by Fortress.

Clifford Chance

One of the leading firms on the French real estate market, Clifford Chance is instructed to handle the legal aspects of most market-leading transactions. The firm notably advised Gecina on the build-to-rent residential development partnership with Nexity, an innovative new project to construct 4,000 new housing units across the greater Paris area. One of the largest single-asset deals in France this year, the firm also handled the sale of the newly redeveloped Altaïs office tower in Montreuil.  François Bonteil leads the firm’s global real estate practice from the Paris office. Alexandre Couturier is highly regarded for his ability to ‘manage teams across practices in complex transactions’.

Testimonials

‘I work with the team of Alexandre Couturier and we are very satisfied with his service.’

‘An available team that knows how to anticipate deadlines and needs. Very good technicality.’

‘Alexandre Couturier knows how to be present and manage his teams, including on cross-functional practices, which is fundamental for complex transactions.’

‘Alexandre Couturier has a great capacity for composure and negotiation.’

Key clients

AEW Ciloger

Alderan

Allianz Real Estate

Arpent Capital

ATREAM

AXA IM

PineBridge (formerly known as Benson Elliott)

Bouygues Immobilier

Cale Street Partners

CDC Investissement Immobilier

CNP Assurances

Colony Capital

Covivio

Crédit Suisse Asset Management

Cromwell European REIT

Deutsche Bank

DWS

Fortress

Gecina

Generali Real Estate

GIC

HSBC REIM

Ivanhoé Cambridge

Kering

Klépierre

Maple Knoll Capital

Morgan Stanley Real Estate Investment

Natixis

OREIMA

Partners Group

Patrizia

PGGM

Primonial REIM

Proudreed

Richemont Luxury Group

Schroders

Swiss Life Asset Management

Total Energies

Union Investment Real Estate

Westbrook

Work highlights

  • Advising Gecina on the signature of an innovative partnership with Nexity in the residential sector to develop 4,000 new housing units over four years in Paris, the Paris region and major French cities, on behalf of Gecina’s residential subsidiary.
  • Acting as counsel for Alderan on the formation of a strategic partnership with PGIM Real Estate dedicated to the acquisition and management of logistics platforms in key areas in France.
  • Assisting Fortress with the French and English legal aspects of the acquisition from Stena, and financing, of the ‘Big Mountain’ portfolio comprised of circa 45 properties located in the Netherlands, France and the United Kingdom, and the subsequent management and disposal of part of the properties located in France.

De Pardieu Brocas Maffei

A stand-out firm regarding all aspects of real estate sale and purchase transactions, De Pardieu Brocas Maffei advises key players in the sector such as Blackstone and Allianz. Leading the practice alongside acclaimed real estate lawyer Emmanuel FatômePaul Talbourdet is recognised as ‘an extraordinary lawyer’ with ‘vast knowledge’ in both real estate and other aspects of corporate law. With dedicated real estate finance experts such as Pierre Gebarowski and Yannick Le Gall, the firm also has extensive experience in this field, namely advising Tishman Speyer on the acquisition of a new office building.

Testimonials

‘The real estate lawyers working at DPBM cover all the legal aspects of real estate and have an excellent knowledge of the real estate sector.’

‘Paul Talbourdet is an extraordinary lawyer. His knowledge is extremely vast, in real estate as well as in other legal domains such as corporate law. He is trustworthy, excellent, very available, and nice to work with.’

Key clients

Aareal Bank AG

Accor Invest

Allianz

Altrarea Cogedim

Amundi Immobilier

Apsys

Axa Im

Batipart

Blackstone

BNP Paribas

Carrefour/Carmila

Covivio

Credit Agricole Group

Data4 Group

Deka Bank

Emerige

Galimmo

Gecina

IN’LI

ING

L’Oreal

Natixis

PGIM

Société Générale

Work highlights

  • Advising IN’LI on the setting-up of a long-term strategic partnership with AXA IM – REAL Assets and on the creation of a new property company (Cronos) for the development of a portfolio of almost 25,000 new affordable housing units in the Ile-de-France region over the next 10 years.
  • Assisting Altarea with exclusive negotiations with the shareholders and management of Primonial Group, with a view to acquiring 60% of the capital of Primonial Group.
  • Acting as counsel for Batipart and Covéa on the acquisition from Adeo, parent company of Leroy Merlin, of a pan-European portfolio of real estate assets, in the form of a sale and lease back, consisting of 42 stores in four countries.

Fairway A.A.R.P.I.

Dedicated to real estate with one of the largest teams in Paris, Fairway A.A.R.P.I. provides a wide range of expertise related to complex real estate transactions, leasing, real estate financing, and the structuring and formation of investment funds. Co-head of the practice Franck Denis is valued for his in-depth understanding of the business challenges faced by clients. Aubry D’Argenlieu is a ‘true strategist‘ and is respected for taking on complex and challenging matters. Frédéric Lefébure handles the corporate aspects of real estate. David Franco often advises French and international investment funds and leading European credit and financial institutions.

Testimonials

‘Unique firm of its kind, because it brings together all the expertise related to real estate within a single firm. Great professionalism and perfect execution in all areas.’

‘David Franco (financing): expert in the field and now surrounded by a large team of associates. Aubry d ‘Argenlieu and Emmanuel Galifer are also remarkable.’

‘Aubry d’Argenlieu: a true strategist, a key figure in the real estate industry. Pierre-Emmanuel Fonteilles: a fine technician, responsive and pragmatic who invests himself personally in the files.’

‘FAIRWAY is clearly a firm apart in the world of Parisian business law firms. By offering a plurality of partners for most of their practices, they allow clients to choose the one that suits them best. In addition, Fairway lawyers communicate with each other (which, in fact, is rare among large firms in the market) so that we do not have to repeat things several times. Finally, they have an outside the box way of thinking which is also a real rarity on the market.’

‘Aubry d’Argenlieu is a key figure in this environment. He has participated in so many structuring transactions in the real estate sphere since the end of the 90s that he is known as the white wolf and respected by his peers for his fairness in negotiations. He is both a strategist, a lawyer and truly unique in his approach to legal situations. He always thinks 360 degrees and is two or three moves ahead of everyone else. He is the lawyer that we always want to have with us, never as an opponent.’

‘Sabine du Granrut is an excellent lawyer and always knows how to find the angle that will lead to a fair solution for the parties, which in litigation is a real asset.’

‘Emmanuel Galifer is a charming and brilliant partner with whom it is very easy to work and who makes you think about subjects that you had not even interviewed, thus making it possible to best secure our acquisition structures.’

‘Franck Denis brilliantly leads the construction department and knows all the workings perfectly, allowing you to negotiate the largest construction operations in peace without worrying about the contractual risk.’

Key clients

Aldi

AXA IM

Primonial Reim

Generali Real Estate

Brookfield

Carlyle

Grand M Group

Domitys

Ares Management

Benson Eliott

Acofi

Mata Capital

PSA

Korian

HIG Capital Sogaris

Scorr

Tikehau

La Francaise AM

LA Francaise Real Estate Partners

Helaba

Pitch Promotion

Sogaris

Nexity

Invesco

Dentresangle Initiatives

JC Decaux

Vinci

Covivio

Abenex Capital

Mirabaud Asset Management

Cheyne Capital

Lokalis

Work highlights

  • Advised Dream Industrial Europe Advisors Cooperative UA on behalf of Greenberg Traurig and on the French side of the acquisition of a pan-European logistics portfolio from Clarion Partners Europe.
  • Acting as counsel for Aldi on the acquisition of 567 retail shops operated under the Leader Price’s brand in France.
  • Assisted Wereldhave on the sale of four of its six French shopping centres to Lighthouse Capital for €305m, with the portfolio including Docks Vauban in Le Havre, Docks 76 and Saint Sever in Rouen, and Rivetoile in Strasbourg.

Gide Loyrette Nouel A.A.R.P.I.

The ‘highly responsive and dedicated team’ at Gide Loyrette Nouel A.A.R.P.I. provides counsel at all stages of the real estate value creation chain, from zoning permits and construction through to sophisticated and tax efficient investment vehicles. The setting up of joint ventures and share-deals, leasing matters, asset-management, structured financing, and downstream investments through both share and asset deals are other core areas. Frédéric Nouel leads a team of acclaimed real estate lawyers: Eric Martin-Impératori, Renaud Baguenault de Puchesse, Christopher Szostak, Hugues Moreau, Kamel Ben Salah, Rémi Tabbagh and Laetitia Lemercier. Antoine Mary was promoted to partner in July 2021.

Practice head(s):

Frédéric Nouel

Testimonials

‘Ultra-responsive dedicated team, getting to the bottom of the issues.’

‘We worked with Romain d’Innocente and Yannick Granjon and appreciated their availability and their pugnacity.’

‘Their availability, kindness, sympathy stand out.’

‘Very responsive with a great knowledge of the market and a lot of client references in the type of files to be treated.’

‘Paul Cheysson is available, adaptable and flexible.’

Key clients

Accor

AEW Europe

Allianz

Altarea

Amundi Immobilier

Angelo Gordon

Ardian

Aviva Real Estate Investors

Bouygues Immobilier

Brookfield

BNP Reim

Casino

Crédit Suisse

Goldman Sachs

Greystar

Hammerson

Icawood

Ivanhoé Cambridge

JP Morgan

KKR

Klépierre

Lonestar

Mercialys

Oxford Properties

Paref

Primonial Reim

Schroders Reim

Total SA

Unibail-Rodamco Westfield

Union Invest

Woodeum

Nuveen

Infrared Capital Partners

MACSF

Paris Inn

Lacourte Raquin Tatar

As a leader in real estate transactions, Lacourte Raquin Tatar often acts as counsel for some of the world’s largest investment managers. Renowned for its ‘excellent knowledge of the business sector, the market, and its challenges’, the team has advised on some of the largest transactions in real estate in the last year, namely the acquisition and the financing of ENGIE’s future headquarters as well as the construction of TOTAL’s future headquarters in Paris. Jean-Jacques Raquin leads the practice; Emilie Capron and Cyrille Bailly stand out for their respective expertise in real estate investment and the corporate aspects of real estate. Guillaume Jeannet is ‘proactive, pragmatic and commercial’ and is lauded for going above and beyond for each client.

Practice head(s):

Jean-Jacques Raquin

Testimonials

‘The LRT real estate team is pragmatic and commercial and knows how to adapt to its audience whether they are American funds, local French partners, private or institutional sellers.’

‘Guillaume Jeannet is proactive, pragmatic and commercial. He is dedicated to his clients and brings a multi-disciplinary approach to his work. Guillaume often goes beyond the initial assignment to provide his clients with personalised and relevant advice, taking the time to fully understand the specific issues at stake for each organisation.’

‘Excellent team of recognised professionals. The partners are very involved in the matters and have a business approach that is very well adapted to investment fund investors.’

‘The team is very consistent and of high quality: the advice is quick and very competent.’

‘The Lacourte Raquin Tatar team has an excellent knowledge of the business sector, the market, and its challenges. The team is able to make proposals to bring deals to a successful conclusion while preserving the interests of the client. A firm with a great capacity to deliver analyses and reports within deadlines that are consistent with the issues at stake.’

Key clients

Woodeum

Amundi

Hines France

Oxford Properties

BNP Paribas

Groupe Lagardère

The Student Hotel

Groupama Immobilier

Poste Immo

Gecina

Tikehau

Aermont Capital

LaSalle Investment Management

JP Morgan

Unibail-Rodamco Westfield

Westbrook

Immochan

ARDIAN

Novaxia

Angelo Gordon

Tivoli Capital

CDC Habitat

EDF

Allianz

Altarea

Stellantis

Atland

Work highlights

  • Acted as counsel for leading asset management firm Swiss Life Asset Managers France on the acquisition and the financing of ENGIE’s future headquarters located in La Garenne-Colombes, Hauts-de-Seine.
  • Assisted Hines France with the agreement with Kaufman & Broad relating to the acquisition, through off-plan sales, of eight high-profile housing projects for a total surface area of 30,000 sq.m, with 500 apartments to be leased.
  • Advising the consortium of BNP Paribas Real Estate and Citallios on the acquisition of BIC Group’s former head office located in Clichy, in order to carry out a mixed real estate operation.

Archers A.A.R.P.I.

Renowned for its real estate finance and investment practice, Archers A.A.R.P.I. is solicited by a number of leading French and international financial institutions. The firm represented lenders such as HSBC Continental Europe and Caisse d’Epargne Ile-De-France in connection with an €800m ESG mortgage financing for Cronos, the property company set up by In’li to develop over 25,000 mid-range housing units in the Paris region. Jean-Maurice Gaillard and Paul-Henri De Cabissole stand out for their strength in real estate finance. The firm was recently strengthened by the arrival of Marlène Benoist Jaeger and Avi Amsellem from IC Avocats  in 2020, who co-head the practice alongside Arnaud Moutet.

Practice head(s):

Avi Amsellem; Arnaud Moutet

Testimonials

‘Arnaud Moutet and his team have real knowledge of real estate and market practices. Their advice combines the protection of their client’s interests and the willingness to make the deal. They are very available, respectful of deadlines and fixed fee budgets.’

‘Arnaud Moutet is a very good advisor, he knows our constraints and knows how to adapt contracts accordingly. He is very pleasant to work with, he knows how to be honest with his clients when necessary. He is a good negotiator, he is never aggressive and does not create false issues. His goal is to get things done as well as possible. His associate Aubry Chapuis has an excellent knowledge of commercial leases; he is a good technician who nevertheless has a pragmatic approach.’

‘Young and dynamic team, responsive, very ‘business-oriented’ mindset during negotiations, really adapts to the client. ‘One-stop shop’ with a high level of skills in all areas related to real estate.’

‘Great skills in the field of real estate financing. Highly experienced team.’

‘The great strength of the team is knowing how to take a stand on operational issues.’

‘Arnaud Moutet is particularly available and shows great agility.’

‘The Archers teams demonstrates recognised professionalism, unfailing involvement in cases, and very strong expertise in the various fields of intervention.’

‘Archers provide their clients with their expertise, their inventiveness in the search for solutions to the problems exposed, their proactivity and even their professionalism. They provide their clients with their know-how, their spirit of synthesis and negotiation, allowing them to best defend their interests.’

Key clients

Caisse d’Epargne Ile-De-France

HSBC Continental Europe

Sociéte Générale

La Banque Postale

Bred Banque Populaire

Arkea Banque Entreprises et Institutionnels

BECM

CIC

Crédit Agricole Corporate & Investment Bank

LCL

Credit Agricole d’Ile-De-France

Caisse Fédérale de Credit Mutuel

Redtree Capital

M&G

Eternam

Natixis

Berlin HYP

Primonial

Helaba

Invesco

Amundi

Swiss Life AM

CDC

BC Partners

BNP Paribas

Banque Européenne du Crédit Mutuel

DLA Piper

DLA Piper stands out for its ‘excellent mastery of real estate matters’ particularly in domestic and pan-European real estate investments. Olivia Michaud  leads the team which includes Antoine Mercier, the name to note for real estate investment and complex asset management, and Myriam Mejdoubi who specialises in advising investors on the acquisition and disposal of real estate portfolios. The firm recently advised Blackstone on the acquisition and refinancing of a large portfolio of logistics warehouses in the Paris region totaling around 65,000m2. Antonia Raccat  left the team in 2021. Public law specialist Ruxandra Lazar joined the firm from King & Spalding LLP in November 2021.

Practice head(s):

Olivia Michaud

Testimonials

‘We find DLA Piper’s members extremely professional, always courteous and feeling at ease in teamwork both within their firm and with other entities (notaries, external tax specialists, experts- accountants, technical auditors, etc.).’

‘We appreciate the great professionalism, extreme courtesy and team spirit of Antoine Mercier, Myriam Mejdoubi, Erwan Lacheteau and Gabriel Dalarun, as well as those of their associates.’

‘Very available and professional team, an excellent mastery of real estate matters, very complete in the knowledge of the specifics of certain aspects. Constantly available and able to decide on matters. A real desire to make the client’s life easier in the discovery of a subject.’

‘Antoine Mercier and Myriam Mejdoubi are two strategic partners of the real estate team. Always available, excellent ability to present topics simply for the client to make decisions. High quality of the totality of the teams.’

‘Myriam Mejdoubi: availability, great reliability, experience.’

Key clients

Aermont (Ex PW Real Estate Assets)

Aéroports de Paris

AEW

AG2R La Mondiale

Amundi

Ares

AXA Real Assets IM

Aviva

Banco Santander

Barings European Core Property Fund GP S.À R.L.

Bayerische Landesbank

The Blackstone Group International Partners

Brookfield

Capgemini

The Carlyle Group

CBRE Global Investor

Cegereal

Cheyne Capital Management

Deutsche Bank Luxembourg

Deustche Pfandbriefbank

Eurosic

Gazeley / GLP

Generali Real Estate

GIM

Harbert Management Corporation

Harrison Street

Hilton

Icade

Ivanhoe Cambridge

KKR

Metric Capital Partners LLP

Meyer Bergman

Mount Street Mortgage Servicing LTD

M7

Norges Bank

Northwood Real Estate Partners LP

Novapierre Allemagne

Omnam Group

Predica

Primonial

Prologis

Schroeders

Société Générale

Sogelym Dixence

Unibail-Rodamco

Weinberg Capital

Wework

Woodeum

Bentall Greenoak

Work highlights

  • Advised Blackstone on the direct and indirect acquisition from Infrared Capital Partners (IRCP) of a portfolio of 15 assets in the Paris region totalling c. 65,000m2 and dedicated mostly to a use of activity and logistics warehouse.
  • Assisted Carlyle with the direct acquisition from mostly private owners of separate logistic assets to form a portfolio covering the Paris Region and wider France.
  • Assisting Assembly with the sale of Toko to DWS and La Française REM.

Herbert Smith Freehills LLP

As ‘connoisseurs of the market’, Herbert Smith Freehills LLP’s real estate team is attracts major real estate matters, for example B&B Hotels’ acquisition of the Timhotel Berthier property and Ennismore’s joint venture with Accor. The full-service practice provides advice on real estate transactions as well as on investment and financing. David Lacaze is seen as a ‘top-level lawyer’ and leads the team which includes Anne Petitjean and Isabelle Augais who are recognised for their ‘excellence, professionalism and loyalty’.

Practice head(s):

David Lacaze

Testimonials

‘Anne Petitjean is responsive, flexible, very professional and a very good negotiator.’

‘In addition to being very good technically, David Lacaze and Isabelle Augais are among the most pugnacious lawyers in the market and really fight for the client. David Lacaze is a great real estate technician. His dual HEC-Law training gives him an extraordinary ability to understand the business and financial aspects of a transaction. His availability, his ability to navigate conflicts and manage stress make you happy to have him as advice in the event of a problem. Isabelle Augais is an excellent M&A technician who manages very well even in situations of extreme stress.’ 

‘Beyond their legal expertise, David Lacaze and Isabelle Augais are very good connoisseurs of the market. This legal competence is also recognised by their colleagues, as I can see regularly. For me, Herbert Smith Paris and especially David and his team are my ‘go-to firm’! I value their absolute reliability.’

‘The excellence and experience in all technical aspects of David Lacaze’s team gave us the confidence to execute a transaction of great complexity. The greatest added value of the team was brought to the commercial aspects: David Lacaze, Anne Petitjean and Isabelle Augais have always advised us or offered solutions to unblock negotiation situations.’

‘David Lacaze, Anne Petitjean, Isabelle Augais: a team that works together like a group of virtuoso musicians. We have developed total confidence in the technical and commercial advice received, thanks to them we have always found a solution in complex situations. David Lacaze and Anne Petitjean do not just do their legal work in an excellent way, their advice on commercial and business aspects goes far beyond the technical and legal ‘pure’ and has also been essential in the execution of our transaction’

‘Far from contenting herself with brilliantly dealing with technical aspects, Anne Petitjean has always shared her knowledge of the historical practices of certain market players, the habits of such and such a town hall, the practices of such and such a market player. This information, this sharing of experience and their strong positions on important business aspects were for us just as useful as the professionalism of the service brought on the negotiation and drafting of our contracts. We will work again with this team as soon as we have the opportunity.’

‘David Lacaze is a top-level lawyer and a reference in the real estate practices in France. We appreciate his huge expertise, the diversity of his experience, and his behavior with the clients and their counterparts. His human qualities complement his capabilities in solving complex problems and bringing innovative solutions.’

‘Anne Petitjean has an excellent knowledge of construction and town planning law. She is very attentive and adapts perfectly to the constraints of her clients. Anne is business-oriented and operates very well in delicate contexts with counterparties. Anne has everything of a great lawyer in real estate law.’

Key clients

Amundi Immobilier

BNP Paribas Real Estate

Burberry

Catella Hospitality Europe

Christian Dior

COFFIM

Deutsche Bank

Eternam

Générale Continentale Investissements

GLP

Gramercy

La Française Group

Mont Thabor Invest

Nexity

Société Générale

Sofidy

Tikehau Capital

Victoires Haussmann sgp

Yves Saint-Laurent

B&B Hotels

Work highlights

  • Advised B&B Hotels, the leading independent budget hotel group in France, on its acquisition of the Timhotel Berthier property in the 17th arrondissement of Paris from Timhotel Groupe.
  • Advised Ennismore, owner of The Hoxton and Gleneagles hotels, on its JV arrangements with Accor dedicated to lifestyle hotels.
  • Advised CNP Assurances (represented by La Française REM) on its acquisition from Invesco Real Estate of a more than 11,000-sqm real estate asset located at 173-175 boulevard Haussmann, in Paris’ 8th arrondissement.

LPA-CGR avocats

With each partner specialising in a different area of real estate law, LPA-CGR avocats offers in-depth expertise in project development, real estate finance, investment, and commercial leasing. Head of the department Silke Nadolni oversees real estate investment mandates and cross-border matters in Germany. In all matters concerning commercial leases and asset management, Géraldine Piedelièvre is the name to note. The firm welcomed Stephan Lesage-Mathieu to the partnership in January 2021. Chloé Thiéblemont left the firm in 2021. Strengthening its real estate financing practice, Hassan Javanshir joined the team from Ashurst LLP in November 2021, followed by Thomas Ehrecke in January 2022.

Practice head(s):

Silke Nadolni

Testimonials

‘Géraldine Piedelièvre understands the issues, the texts of laws and regulations pertaining to my group and consequently adapts her responses.’

‘I would describe them as exceptional. Everything was impeccable.’

‘We like to use Sidonie Fraiche Dupeyrat in particular on housing issues for her excellent knowledge of the sector. Her services were exceptional in terms of technicality, availability and involvement. Sidonie and her team were able to work with great fluidity, without ego war, moreover in the midst of a pandemic. It was a real pleasure to work together under such conditions. The operational teams are also delighted.’

‘The team has always been a pleasure to work with. They are very professional, competent, and efficient. Furthermore, each member of the team always aims to find solutions for any occurring problems or questions.’

‘Julie Weiss and Silke Nadolni need a special mention as they simply are incredibly helpful. They always contribute a lot to any project and are willing to go the extra mile to provide the best possible solution.’

‘Géraldine Piedelièvre and Thypaine Geoffroy show very strong expertise, a very great capacity for analysis and listening. Their advice is geared towards achieving results and meeting client needs. We are very satisfied.’

‘Very good practice, particularly in urban planning and residential leases.’

‘The teams have a recognised professionalism, an unfailing implication in the files, and a very strong expertise on the various fields of intervention.’

Key clients

ABERDEEN STANDARD INVESTMENTS

ADP

AG2R LA MONDIALE

AXA INVESTMENT MANAGERS REAL ASSETS

BARINGS REAL ESTATE

CEETRUS

CREDIT SUISSE

DEKA IMMOBILIEN

EDF

ENEDIS

GENERALI REAL ESTATE

GINKGO

GROUPAMA IMMOBILIER

IMMOBEL

MATA CAPITAL

OSAE PARTNERS

PRIMONIAL REIM

RAIFFEISEN

UBS ASSET MANAGEMENT REPM

UFF (AVIVA GROUP)

SOCIETE GENERALE

Ashurst LLP

A ‘benchmark‘ practice for real estate in the French market, Ashurst LLP has a track record of advising on complex and market-leading transactions, including acquisitions, sales, and leases, which often demand in-depth regulatory knowledge as well as financial, tax, and environmental aspects. The firm distinguishes itself by taking a stake in a notarial office, making it the only law firm in Paris to be able to offer its clients the combined expertise ‘Avocat – Notaire’. Philippe None is a ‘key asset in the real estate transactions sector’.  Patrick Gerry specialises in the construction, acquisition, management and disposal of real estate assets, including in the context of Islamic financing transactions, and is recognised for his deep expertise in logistics assets.

Practice head(s):

Philippe None; Patrick Gerry

Other key lawyers:

David Noblinski

Testimonials

‘Ashurst’s real estate practice is a benchmark in the French market. Very responsive, always in a good mood and creative, the team members listen to their clients and is able to adapt to any situation. Flexible and ready to make concessions, the negotiation of their fees, fully earned, is always in phase with the expectations of their clients.’

‘Philippe None: very great professional who perfectly masters the various real estate and transactional issues. Particularly effective in negotiation, Philippe knows how to adopt the right tone when dealing with any type of interlocutor. Accessible, very responsive (even at late hours of the night), Philippe is always in an excellent mood to support his clients in any situation.’

‘David Noblinski: a great technician, David is very creative and always finds a solution adapted to his client’s problem. A force for proposal and with a great capacity for work, David is particularly efficient.’

‘Very high availability and efficiency of David Noblinski who has a pragmatic and pro-business approach. His work is of very high quality.’

‘Excellent market knowledge and extremely practical approach to resolving identified legal risk elements. Unique business partner on the market.’

‘Philippe None is a key asset in the real estate transactions sector. His unique experience is recognised by his peers and clients.’

‘I mainly work with Patrick Gerry. He is constructive and commercial in the negotiations, always looking for solutions to achieve the goal. He is loyal, kind and above all, he brings a very positive way of working to all negotiations, even the most difficult.’

Key clients

SEDCO

P3Parks

Gazeley

Valor Rep

M7

EQT

Cromwell Property Group

Victoria Asset Management (Oaktree)

EDF

Société Foncière Lyonnaise

M&G Real Estate

La Française Asset Management

Perial

Oxford Properties

Korean Investment Securities

Mastern

NH Investments & Securities

Hana Financial Asset Management

Work highlights

  • Advised NH Investments & Securities and Hana Alternative Asset Management on the acquisition via an asset deal of a building occupied by Amundi and owned by Primonial.
  • Advised funds managed by Castlelake and its partner Melcombe Partners in relation to the sale of its portfolio ‘Proximity’ composed of 28 urban logistics assets to real estate funds managed by Blackstone.
  • Assisted Berlin Hyp with the financing of the acquisition of an office building in the La Défense area by AGC Equity Partners.

Baker McKenzie

With particular expertise in real estate project development and tax, Baker McKenzie‘s clients are in good hands. Acting as asset manager of the Coeur Defense building complex on behalf of Scaprim, the firm is capable of handling the commercial lease agreements of one of the largest office complexes in Europe. Marc Mariani is noted for his ability to ‘pass on his expertise’ and to nurture a strong team of real estate lawyers; Maria Batlouni stands out for going ‘beyond expectations‘.

Practice head(s):

Marc Mariani

Testimonials

‘B&M offers the assurance of finding the expertise, technology and collaboration that we are looking for.’

‘Marc Mariani has been able to build an exemplary team, pass on his expertise to them and let them grow which is remarkable.’

‘Maria Batlouni has shown commitment to our portfolio beyond expectations. She’s an invaluable contributor to the Baker McKenzie team.’

Key clients

AEW

BNP Paribas REIM

CDC Investissement Immobilier

Generali Real Estate

Invesco

Kering Group

King Street

LaSalle Investment Management

Lidl

NH Investment

Poste Immo

Scaprim

Société Foncière Lyonnaise (SFL)

SOGECAP

ORPEA

Groupama Gan REIM

WP Carey

Swiss Life

Work highlights

  • Advised WP Carey on the tax aspects of the structuring of their operations in France, and on the acquisitions of the hypermarkets.
  • Assisted Poste Immo with the structuring, setting up and negotiation of the sale and the refurbishment of the Palais du Commerce in Rennes, a large core asset to be dedicated to multiple uses: retail, hotel and other commercial uses, and the setting of a joint venture structure with Frey.
  • Assisted Scaprim, acting as asset manager of the Coeur Défense building complex, one of the largest office complexes in Europe, located in the La Défense district area, within the context of the drafting and negotiation of commercial lease agreements and any and all ancillary agreements between landlord and tenants.

BG2V

Created with the arrival of Quentin Leroux from Jones Day in 2012, BG2V’s real estate department is particularly active in real estate asset management. Jean-Marc Valot and Jean-Sébastien Dumont have a broad expertise in real estate tax. Camille de Verdelhan is an experienced real estate litigator. The firm has been actively growing its team, hiring three new associates.

Practice head(s):

Quentin Leroux

Testimonials

‘Very operational team, dealmakers.’

‘Quentin Leroux is an excellent negotiator with a real risk management and facilitator approach.’

‘Incisive, business-oriented, available.’

‘Very agile organisation of modern communication resources and processes (text messages, teams, etc.). Pleasant premises and great adaptability to organise last-minute meetings.’

‘Quentin Leroux is very available and proactive. Great ability to calm sometimes complicated negotiations.’

‘Young and dynamic team. High availability for their client. Quentin Leroux stands out.’

Key clients

AEW

Altarea

AXA

Bouygues Immobilier

Bleu Mercure

BPIFRANCE

CAVP (Caisse d’Assurance Vieillesse des Pharmaciens)

Caisse des Depots et Consignations

Caryatid AM

Colliers

Constructa

Deutsche Bank (DWS)

Electrolux

Exane

Gecina

GDG Investissements

Groupe Duval

HEC Business School

Hérno

Icade

ICAM School

Impala

Immovalor Gestion (Allianz Group)

JLL (JONES LANG LASALLE)

Kareg

Keys REIM

Klepierre

Liberty Real Estate

Logicor (Blackstone / CIC)

Logistics Capital Partners

Mountpark Properties

Murex

Nuveen

Phoenix Towers International

Predica

Scaprim

Schroders

Sciences Po

Sogecap

Soremi

Spirit

Vailog (Segro group)

Virtuo

Work highlights

  • Advised Mountpark on the development and the sale (in future state of completion) of 2 XXL logistics platforms in Meung-sur-Loire (45).
  • Acted as counsel for Altarea Cogedim in the context of a partnership with JP Morgan to acquire, restructure, lease and then resell, via the creation of five joint investment vehicles, five buildings in Paris (2nd) with a total surface area of 14,000sqm with a value of €200m.
  • Counsel for CDC Investissement Immobilier, on behalf of Caisse des Depots, in a sale and leaseback transaction with BNP Paribas of a 17,000sqm office complex located in Paris.

CMS

CMS Francis Lefebvre‘s ‘multidisciplinary practice’ covers all aspects of public and private law in real estate. The fund formation team particularly stands out for its strong reputation in property funds, acting for both management companies in the structuring of investment vehicles for retail investors and for professional investors.  Co-head of the practice Benjamin Bill  ‘doesn’t sit on the fence’ and gives commercially astute advice. Of counsel Géraldine Machinet is renowned for herexcellent knowledge of the sector’ and her skill in negotiating commercial leases.

Testimonials

‘The CMS Francis Lefebvre team sets itself apart from other firms because the team demonstrates speed, efficiency, availability and expertise. In addition, it has a precise knowledge of our sector of activity.’

‘Aline Divo and her team are experts in real estate law and demonstrate speed, efficiency and availability.’

‘I highly recommend Florence Cherel, whose rigour and technical mastery are a real asset in any contractual negotiation. As of counsel, I also recommend Géraldine Machinet who is very business-oriented and responsive, particularly in negotiating leases.’

‘Géraldine Machinet: excellent knowledge of the sector, excellent client contact, excellent negotiator.’

‘I found the team very effective and commercial. They were able to effectively guide me through the process in a straightforward easy to understand fashion.’

‘Benjamin Bill is very easy to deal with and good at providing commercially considered advice. He doesn’t sit on the fence and will give an opinion.’

‘Responsive and adaptable to complex and cross-cutting issues – creative. These are qualities that are highly valued in my field of activity.’

Key clients

Amundi Real Estate

BNP Paribas REIM

Crédit Suisse AM

Deka Immobilien

Mountpark Properties

UBS Real Estate

Savills IM

Pierre & Vacances

Belambra

Prime Properties

Aviva Investors Real Estate

Ytria

MEAG Munich RE

CTIL

Quadreal Property Group

Work highlights

  • Assisting Mountpark Properties with the structuring of the sale of a pan-European logistics portfolio to JP Morgan for a total amount of over €550m.
  • Advising the Pierre et Vacances/Center Parcs group, Adagio and Village Nature in the context of their conciliation procedure, participating in the definition of the strategy, and in the negotiation and drafting of agreements with individual and institutional lessors.
  • Acting as counsel for Aviva Investors for the acquisition of the historic property 112 Wagram building in Paris from Société Foncière Lyonnaise.

Dechert LLP

Focussing on real estate finance, Dechert LLP distinguishes itself by handling some of the most significant real estate transactions in the hospitality and leisure industry. The firm namely advised a group of banks in connection with the acquisition financing and refurbishment of a key real estate complex in the Opera district of Paris. Privat Vigandhas strong expertise in real estate financing and a historical relationship with key players in the sector’.

Practice head(s):

Privat Vigand

Other key lawyers:

Guénaëlle Taroni

Testimonials

‘The team is very experienced in real estate financing and investment. It has access to complimentary areas of legal expertise within Dechert allowing to propose a full-service offer.’

‘Privat Vigand has strong expertise in real estate financing and a historical relationship with key players in the sector, making him a privileged advisor. In addition, he remains on top of the transaction during the whole process.’

‘What we appreciate is that in addition to the professionalism of the partners a very high level of confidence which can only be built over the years which allows a perfect and rapid understanding of our expectations.’

‘In Privat Vigand we appreciate a very good knowledge of real estate practices on a very wide scope (from promotion to hotel financing) as well as a good knowledge of LBO financing and his keen sense of smooth negotiation.’

‘Great responsiveness of the team and great involvement of Privat Vigand.’

‘Privat Vigand is very involved in the files that he manages. Very pedagogical thus allowing to reach the balance in the negotiations.’

Key clients

Crédit Agricole Corporate and Investment Bank

Natixis

La Banque Postale

Le Crédit Lyonnais

SCOR Investment Partners

BRED

Socfim

Caisse d’Epargne Ile-de-France

Work highlights

  • Advised a group of banks, including Crédit Agricole CIB as coordinator and arranger, SCOR Investment Partners as arranger, as well as BRED, Socfim and Caisse d’Epargne Ile-de-France as lenders, in connection with the financing of the acquisition and refurbishment of an emblematic real estate complex in the Opera district of Paris, by RedTree Capital.
  • Assisted Natixis, La Banque Postale and Le Crédit Lyonnais on the financing of the acquisition of 19 portfolio assets located in France, as part of a broader acquisition by Batipart and Covéa of a portfolio of 42 retail assets sold by Adeo and located in France, Spain, Italy and Portugal.
  • Acted as counsel for ING Bank N.V. in connection with the financing of the acquisition of eleven logistics platforms located in the Paris region and near other major regional cities.

Dentons

Working closely with the tax, banking, and finance team, Dentons‘ real estate practice provides cross-practice advice on a wide range of real estate matters. As competent litigators, the team is representing Indigo Park in a major dispute against their landlord related to the early termination of a car park lease due to a breach of terms. Pascal Schmitz is the head of the real estate practice in the Paris office and in Europe, leading a strong team of lawyers, including Maxime Simonnet and Véronique Lagarde.

Practice head(s):

Pascal Schmitz

Testimonials

‘Maxime Simmonet is very accessible and concrete in his approach.’

‘Maxime Simonnet has great knowledge in real estate law both on contractual and litigation matters. I would especially mention his full availability and direct involvement in all cases handled by his team.’

‘Véronique Lagarde demonstrates great negotiating power in the defense of her client’s interests.’

‘Excellent multicultural organisation, perfect mastery of time and challenges, real client service. Amélie de Baudry d’Asson is an excellent associate of Véronique Lagarde who answers and advises with a lot of talent.’

Key clients

AIG

ARGAN

Dedica Hotels

Deka Immobilien

DTZ Investors

GA Promotion

GLP

Groupe GA

Hume Street Consultants (Maybourne Hotels)

Indigo Park

KSL Partners

Lighthouse Capital

LRC Goup – River Ouest

Lux MAM (Marathon Asset Management)

Redevco France

RevCap

RTE

STAM Europe

Swiss Life

Ubisoft

Vectura

Work highlights

  • Advising Lighthouse Capital on the acquisition of four shopping centers from Wereldhave located in Rouen, Le Havre and Strasbourg for €305m.
  • Assisting AIG with negotiating its lease of approx. 4,000 sqm in the CBX building (former Dexia Tower) in the heart of La Défense.
  • Representing Indigo Park in a major litigation against their landlord related to an early termination for breach of a lease of a car park in the center of Paris (Gaité).

Jones Day

Jones Day‘s full-service team has ‘very strong experience in purchase, sales and leasing matters’. Practice head Erwan Le Douce-Bercot is a ‘seasoned professional who brings wisdom to heated negotiations’. He manages a team of excellent real estate practitioners. Carol Khoury advises on acquisitions, dispositions, sale and leaseback transactions, and commercial leases for both investors and end-users. Counsel Solène Maulard has significant experience in pre-litigation and litigation involving real estate matters. Flavia Poujade, counsel, has a special focus on transactions and commercial leases. Pauline Ezcurra also stands out.

Practice head(s):

Erwan Le Douce-Bercot

Testimonials

‘Erwan le Douce Bercot is a seasoned professional, who has a very good knowledge of his field and who puts it at the service of his clients. He inspires confidence in both clients and counterparties. The calm and pedagogy he shows in the negotiations are a considerable asset in reaching a solution. Flavia Poujade perfectly completes the team. Dynamic and sharp, she has great writing and analytical skills. She is a valuable asset for negotiating legal acts.’

‘Erwan le Douce-Bercot: very professional and available. Precise analysis. Pauline Ezcurra: Very good professional qualities/autonomous in her analysis. Great availability.’

‘Jones Day Paris’ real estate team has very strong experience in purchase, sales and leasing matters. Being a full-service firm, the team works closely with, among others, the tax team or the environmental team when needed. The team is proactive and business-oriented.’

‘Carol Khoury has extensive experience in real estate matters such as leasing, acquisition, sale and lease back transactions. She is proactive, reliable and efficient. It is always very pleasant working with her.’

‘Great team of professionals with very extensive knowledge of the industry, offering full client support, with intelligence and responsiveness. Their efficiency in cross-border transactions is remarkable.’

‘Flavia Poujade is very dedicated and has her clients’ interests at heart, making her a brilliant partner during negotiations. Her availability and responsiveness are also very much appreciated.’

‘Erwan le Douce-Bercot is a seasoned professional who brings wisdom to heated negotiations.’

‘Young, dynamic, available, trustworthy, very competent and united team, which exchanges and adapts to the specificities of the client.’

Linklaters

Competent and responsive‘, Linklaters‘ real estate practice is solicited for ‘creative’ legal solutions. On behalf of BMO Real Estate Partners, the firm advised on the acquisition of a mixed-use trophy asset located on the Champs-Elysées. Cyril Abtan is the key contact for real estate finance. Françoise Maigrot regularly oversees the legal aspects of real estate investment and development projects.

Practice head(s):

Françoise Maigrot

Testimonials

‘The Linklaters real estate team is of exceptional quality: competent, responsive, close to its clients. It fully understands our business challenges and demonstrates a great deal of talent and creativity in finding legal solutions adapted to our needs.’

‘The team is very competent, responsive and pleasant.’

‘Francoise Maigrot is a great real estate specialist who knows her subject perfectly and always finds solutions to finalise deals.’

‘Always present, listening. Very great help in negotiating appointments and very responsive.’

‘In addition to being great professionals, always available, the partners and associates of Linklaters are very good people.’

Key clients

Ardian Real Estate

BMO Real Estate

Invesco Real Estate

Northwood Investors

Barings LLC

IGIS

Sogecap

HSBC Continental Europe

Bank of America

Balzac REIM

JR AMC

Goodman

Mandarin Oriental

Ramsbury

PSP Investments

Smart IM

Zurich Insurance Plc

Round Hill Capital

BNP Paribas Real Estate Investment Management

Neovia

CeGereal

EPF

Shurgard

Incus Capital Advisors S.A.

CBRE Global Investors

Goldman Sachs International

King Street Capital Management, LP

SEDCO Capital

JP Morgan

Mayer Brown

Mayer Brown‘s Paris real estate team regularly advises major institutional French investors, international investors and investment funds, hotel operators and hotel industry-specific investment funds as well as private equity funds. Alexandre Poupard is ‘a resolute and diligent professional’ and leads the real estate practice alongside Erwan Heurtel. Counsel Déborah Gelblat has particular expertise in real estate investment transactions and real estate joint ventures.

Testimonials

‘A very cohesive practice that can predict or respond to a client’s needs efficiently and effectively.’

‘Alexandre Poupard – a resolute and diligent professional with a commercial mindset.’

‘Deborah Gelblat – a conscientious professional who can be relied upon to provide a consistently high level of client service.’

‘Very complete with a focus on industry-leading joint ventures.’

‘Very available and very efficient, excellent negotiators, finding adapted and realistic solutions.’

Key clients

Balzac REIM

Bank of America Europe

BNP Paribas

BNP Paribas REIM

Coffim

Cromwell Property Group

Europa Capital

Hines France

La Française Real Estate Managers

LaSalle Investment Management

Lone Star Funds

Savills Investment Management

Westmont Hospitality Group

Work highlights

  • Advised La Française Real Estate Managers in connection with the setting-up of a joint venture with Primonial REIM and EDF Invest for the joint-acquisition of the office building ‘SHIFT’, of ca. 47,000sqm located in Issy-les-Moulineaux, in the Paris suburbs.
  • Assisted LaSalle Investment Management in connection with the acquisition of two office buildings ‘Bergère’ and ‘Sainte-Cécile’ from BNP Paribas SA and the leasing back to the seller of the said properties as well as the subsequent sale of the ‘Sainte-Cécile’ office building to Deka Immobilien.
  • Acted as counsel for Lone Star Funds in connection with the acquisition of JJW hotel portfolio (JJW Luxury, Amarante and Median) through a court-driven receiver sale.

Orrick Rambaud Martel

Orrick Rambaud Martel’s real estate practice draws on multidisciplinary expertise to support major clients in a range of market-leading development projects, investments, and top-end financing activities. On behalf of Axa Investment Managers, the team negotiated a long-term strategic partnership with In’li of a value of €2bn for the development of a portfolio of almost 20,000 new affordable housing units in the Ile-de-France region over the next 10 years. The ‘meticulous‘ and ‘diligent‘ team is led by Patrick Tardivy and Carine Mou Si Yan.

Testimonials

‘Orrick’s corporate real estate practice is distinguished by the very high technicality of the M&A team, complemented by the real estate practice. This integrated approach allows us to combine a great deal of finesse in terms of deal structuring and negotiation with perfect knowledge of the underlying real estate and to handle very complex cases.’

‘Patrick Tardivy and Olivier Jouffroy’s team is very diligent, very meticulous, while knowing how to show great pragmatism and agility.’

‘Had the chance to work with Olivier Jouffroy, remarkable professional for creativity and his speed of reasoning.’

Key clients

AXA Investment Managers – Real Assets

LBO France

Société Générale

Allianz Global Investors

CDC-CDC Habitat-Icade Promotion

Equinix Hyperscale 1 Holdings BV

Alliages et Territoires

Work highlights

  • Advised BPCE and Natixis, as joint arrangers, on the €1.125bn public residential mortgage-backed securities transaction of Groupe BPCE, France’s second-largest banking group, via a securitisation mutual fund named BPCE Home Loans FCT 2020.
  • Advised Axa Investment Managers – Real Assets, as majority shareholder of Cronos real estate company, on obtaining a ‘100% responsible’ €800m mortgage financing from a pool of banks.
  • Assisted Axa Investment Managers – Real Assets with the negotiation of a long-term strategic partnership with In’li worth c. €2bn for the development of a portfolio of almost 20,000 new affordable housing units in the Ile-de-France region over the next 10 years.

Paul Hastings LLP

Paul Hastings is highly active in high-end real estate transactions and financings. With the firm’s strong private equity practice, the real estate team is supported in matters concerning real estate investment funds, institutional investors, sovereign funds, and French and global developers. Practice head Jean-Louis Martin takes the lead on key matters, namely advising Tishman Speyer on its €300m acquisition of the Espace Lumière building from Invesco.

Practice head(s):

Jean-Louis Martin

Other key lawyers:

Quentin Jobard

Testimonials

‘A team that is always quick to meet schedule requirements through its availability by providing an adequate response to issues.’

‘Jean-Louis Martin reassures with his discretion and his always fine and targeted analyses.’

Key clients

Abercrombie & Fitch

André Balazs Properties

Bank of America Merrill Lynch

Hardstone

CDC

Constructa

Dell

Eurazeo Patrimoine

Hardstone

Hollister

Highgate

Tishman Speyer Properties

Virtuo Industrial Property

Fortress

Foncière Vesta

JPMorgan

Predica (Crédit Agricole Assurance)

citizenM

CNP

Swiss Life Asset Managers

FREO

Racine

Racine assists its clients at every stage of their transactions, from land development and urban planning to acquisitions, lease negotiations, financing, tax and rental management. Department leader Nicolas Boytchev ‘perfectly masters his subject and constantly offers the best solutions to his clients’. Involved in numerous logistics matters, Racine is advising Episo 5 on the €85m sale-and-leaseback acquisition of a portfolio of 27 logistics sites in France from the haulier Jacky Perrenot and a large international logistics group. Carol Santoni left the firm in September 2021.

Practice head(s):

Nicolas Boytchev

Testimonials

‘We work mainly with the team of Nicolas Boytchev whose availability, efficiency, respect for deadlines and processes we particularly appreciate.’

‘We have seen the firm grow with the arrival of new associates, partners, the development of new expertise, but this has not changed our relationship with Nicolas Boytchev, who remains available and attentive to our needs.’

‘We observe at the Racine firm the plurality of their skills, but above all their availability. We have found a firm in Racine that is in line with our future expectations.’

‘Nicolas Boytchev perfectly masters his subject and constantly offers the best solutions to his clients. He seeks compromise above all while keeping in mind the defense of the interests of his clients. He is available and responsive which makes him a respected professional.’

Key clients

BNP Paribas REIM

Pathé

Tristan Capital Partners

Nexity

Icade

Generali Real Estate

Richemont International

Work highlights

  • Acting as counsel for BNP Paribas REIM on the lease for Cushman & Wakefield’s new 5,000sqm French headquarters.
  • Advising Cartier & Compagnie on the totality of commercial surfaces leasing depending on the Louvre Saint-Honoré building (approximately 20,000 sq.m) in order to establish the future premises of the Fondation Cartier pour l’Art Contemporain, as regards to both the lease negotiations and the drafting and negotiation of the construction and project management contracts.
  • Assisting Episo 5, the real estate fund of Tristan Capital Partners, with the sale-and-leaseback acquisition, with Catella Asset Management, of a logistics and light industrial portfolio from the transport company Jacky Perrenot, for an amount of approximately €180m.

White & Case LLP

White & Case LLP‘s stellar client base speaks for its expertise in real estate transactions; the firm handles work for Oaktree Capital Management, Prédica and La Française, L’Oréal, Sogecap and Marriott International. Clients are in good hands with Franck Peter as he is ‘an outstanding specialist in all areas of real estate’. Brice Engel, who co-leads the practice with Peter, is the name to note for transactional work, with a particular emphasis on the sale and acquisition of portfolio properties in Europe.

Practice head(s):

Franck Peter; Brice Engel

Testimonials

‘Excellent reputation, excellent knowledge of the real estate industry.’

‘Franck Peter an outstanding specialist in all areas of real estate, excellent negotiator, a facilitator with a real risk management approach.’

Key clients

ACM

Aema Groupe

Amundi

Aviva Real Estate Investors

BNP Paribas Real Estate

Caisse des Dépôts et CDC Investissement Immobilier

Cardif

Digital Realty

Financière Colisée

Foncière INEA

Foncière Raynouard

GIC

La Française

L’Oréal

Oaktree Capital Management

Prédica

Marriott International

SCI EM Lyon 2022

Société Générale Insurance (formerly Sogecap)

Sogecap

THOM Group

Vinci Immobilier

York Capital Management

Work highlights

  • Advising Korian, the leading European care services group for elderly and vulnerable people, with respect to its entry into exclusive negotiations with Colisée to sell 21 facilities and Vivalto Vie to sell 11 facilities.
  • Acting for Whop Holding as part of the sale and restructuring of a 10.000 sq. m. real estate complex located in Opéra district in Paris, through a joint venture with Mark group, a private equity real estate investment manager.
  • Assisting Archer Hotel Capital B.V. on the financing, circa €400 million pan-European portfolio of hotels. This is the largest hotel financing since the start of the COVID-19 pandemic.

Bryan Cave Leighton Paisner LLP

Bryan Cave Leighton Paisner LLP

Practice head(s):

Henry Ranchon

Testimonials

‘I really like working with Pierres Popesco.’

‘Agile and responsive team. Very good knowledge of the sector.’

‘Laurent Schittenhelm: young dynamic and agile partner, very good client relationship, knows the sector very well.’

‘Pierre Popesco has 30 years of experience in real estate. I appreciate the reliability of the team and Pierre’s excellent analytical and negotiating skills. He is a key player in French real estate, a dealmaker, always available, with very good advice, and he is good company.’

‘The real estate team of BCLP is characterised by its interdisciplinarity which allows it to intervene on all the legal or fiscal aspects of a real estate transaction whether it is an investment, financing, promotion/construction or management and by its ability to intervene in a coordinated and effective manner. Thanks to the high-level expertise and the involvement of its partners and employees, it demonstrates rigour, responsiveness and agility in the missions entrusted to it.’

‘Pierre Popesco has a good experience of the market and is ‘business-oriented’. He is not satisfied with only being a ‘good technician’, but knows how to put himself in his clients’ shoes to provide advice adapted to the challenges of their operations. A facilitator, he is able to move cases forward with pragmatic positions, while defending the interests of his clients.’

‘Henry Ranchon: in addition to the above characteristics, Henry is a strong team leader, close to his associates, tracking their progress on the various works streams. Henry is the principal point of contact to resolve any issues which may arise during the course of a transaction and assumes his and firm’s responsibility without question. Henry is a recognised professional with a strong network who finds the right balance during negotiations and does not let ego or ‘points scoring’ enter into the proceedings.’

‘The wealth of personalities is very appreciable because they allow, depending on the situation, to adjust the profile to the mission. We also like to have lawyers who create solutions and not just problems.’

Key clients

Amundi

Sogelym Dixence

UBS Asset Management

Aspelin Ramm

AG Real Estate France

Investec

La Française

Banor Capital

BFP Capital

BNP Paribas Immobilier

Sole Resorts/Certares

Pegase Partners

Dokhan Hotels Group

Auchan

Fieldfisher

Fieldfisher

Other key lawyers:

Jihane Chraibi

Testimonials

‘Very close to their clients and very responsive. They put themselves in their client’s shoes.’

‘They share our business objectives as if they were their own.’

‘Great availability.’

‘Speed of response and professionalism.’

‘David Bensimon is unique in his pedagogy, his resistance to pressure, his availability.’

Key clients

Apivia Macif Mutuelle

FREO Group

Bayern LB

DTZ Investors

6ème Sens Immobilier

Altixia REIM

Marni

Maison Martin Margiela

Façonnable

Work highlights

  • Advising Apivia Macif Mutuelle, with the assistance of longstanding client Swen Capital Partners, on fundraising and the creation of a partnership with Office Santé group and Banque des Territoires, to improve healthcare access to as many people as possible.
  • Assisted an SPV managed by Freo, acting as an asset manager, with the financing of the acquisition of a building located in Nanterre.
  • Advised a SPV, managed by DTZ Investors, on the negotiation of two lease agreements concerning a building located in Paris.

Franklin

Franklin

Practice head(s):

François Verdot

Testimonials

‘François Verdot is inventive, efficient, a good negotiator, and listens to his clients. He has a good knowledge of the procedure which allows him to use the contentious argument in negotiations.’

‘Dynamic, solid team, good mutual assistance between partners, indisputable skills. Client proximity appreciated.’

‘François Verdot is tenacious, has solid experience in constrained and complex cases, shows good responsiveness He also knows how to demonstrate creativity and is particularly reliable and tenacious. The combination of all these factors and ingredients make it possible to count on him!’

‘Dedicated and available team.’

‘Service adapted to demand. Teams are great at listening (Jérémy Chiche and Axel Verdot).’

‘The Franklin team is distinguished by an acute knowledge of real estate development issues, in particular with regard to logistics warehouses: construction contracts, leases in the future state, rental audit, etc.’

‘The team stands out for its close proximity to its clients, a working atmosphere that is both relaxed and efficient, and a presence alongside its clients in good times and in hardship. Francois Verdot is, within the team, both a great legal professional but also – above all – an outstanding negotiator, who never hesitates to take blows in the negotiation to help his client to conclude the contract. With him at my side, I know I am ready to deal with any situation when negotiating.’

Key clients

AEW Europe

Allianz

Conforama

Covivio

Danone

Financière ID / Groupoe ID Logistics

Gecina

Groupama Immobilier

Groupe Casino

Groupe Duval

GSE

Mata Capital

Nexity

Panattoni

Panhard

Paref

Poltrone Sofa

Prologis

Round Hill Capital

Schroders

Work highlights

  • Advised Danone on the negotiation of a real estate lease of an office and R&D building to accommodate its R&D worldwide 15,000sqm business unit in Saclay.
  • Assisted AEW with negotiating and concluding a real estate development contract with Panhard, in July 2018, for a real estate complex located in Puiseux-Pontoise which required further assistance in 2021 for the construction of three extension cells and the negotiation and conclusion of an amendment to the commercial lease with Renault.

Goodwin

Goodwin

Practice head(s):

Sarah Fleury

Testimonials

‘Sarah Fleury and Charles-Henri Gouvion de Saint Cyr were not only very responsive on the file, dedicated to client service, but also very creative on the proposed structuring, while maintaining high standards on legal and tax analysis. They are essential in the real estate lawyer market and have a perfect knowledge of the sector and market players, which has ensured fluidity in the processing of cases.’

‘Trusted and quality support’.

‘We have met people who are available and attentive. Good advice and legal product deliveries on short notice.’

‘The real estate team is proactive which is what makes it strong. They have a high level of expertise on sharp issues and take a stand! They are fact- and business-oriented. Flexible, proactive, and happy to work as a team.’

‘I really enjoy working with Sarah Fleury and her team. The team is pragmatic and business-minded even on complicated points. Always good advice!’

‘Strong technicality, responsiveness and well-established synergies with the entire firm, both in France and abroad, allowing them to bring tailor-made responses to the diverse and varied demands of their clients. The team, which has particularly sharp expertise in the hotel, workspaces, logistics, construction and even life science sectors, is able to provide practical, pragmatic and innovative solutions for its clients.’

‘The young partner Sarah Fleury has extensive experience and demonstrates a creative, but rigorous approach. In addition, associate Melody Pagès is exceptionally efficient, demonstrates remarkable professionalism and has very specific technical skills.’

Key clients

Caisse des Dépots et des Consignations

Clarion Gramercy (UK) Limited

Coffim

GreenOak Europe

Groupe Amaury

Four Seasons Hotels and Resorts

HqO

IK Investment Partners

Meininger Hotel Europe

MACSF

Oaktree Capital Management

Parquest Capital

Keys REIM

RoundShield Partners

Tokoro Capital

French Food Capital

Repligen

France Thermes

Moderna

Johnson&Johnson

Patron Capital Partners

Cromwell

Avanquest Software / Claranova

Alvarium Osesam

DocCity

Hogan Lovells (Paris) LLP

Hogan Lovells (Paris) LLP

Practice head(s):

Michaël Lévy; Laure Nguyen 

Other key lawyers:

Alice Houdart; Margot Derumaux

Testimonials

‘Michael Levy and Alice Houdart are knowledgeable, available and friendly. They collaborate effectively.’

‘Michael Levy is pragmatic, creative, and efficient. He does not flaunt unnecessary jargon or gets stuck on complex issues, but strives to think outside of the box in order to come up with solutions for his clients. He has also mastered the art of managing the expectations of Anglo-Saxon clients. Alice Houdart asserts herself as a trusted, competent and responsive employee who strives to understand her clients’ businesses in-depth in order to provide tailor-made advice.’

‘It is a real pleasure to have Hogan Lovells as a legal partner. In addition to the quality and relevance of their work, their international dimension allows us to greatly facilitate our acquisitions in Europe.’

‘Michael Levy: always available and extremely rigorous on these deals, he leads the negotiations very well while listening to the opposing parties. He is accompanied by Alice Houdart whose work is remarkable.’

‘The Hogan Lovells team is very knowledgeable, pragmatic and friendly. They are very available and each time put themselves in their client’s shoes to better understand the needs and issues of the case in order to provide the most relevant solutions.’

‘Michaël Lévy is an excellent lawyer, fine in his analysis and pragmatic in the implementation of his advice. Having him next to you is a real asset, he’s a real dealmaker.’

‘Michael Levy’s team is like him – young, dynamic, rigorous, extremely professional and commercial. He provides clients with all the expertise they need on all aspects of real estate, whether construction, transactional or rental.’

‘Michael Levy, Alice Houdart and Margot Derumaux are excellent lawyers, as remarkable for their technical mastery as for their spirit of deal makers.’

Key clients

Colony Capital

SCPI Pierval Santé

M&G

Logistics Capital Partners

SCAPRIM

Prologis

Motel One

Groupama Gan REIM

Mata Capital

Valor Real Estate Partners

JP Morgan

Covivio

Work highlights

  • Regularly assisting the various entities owned and managed by Valor Real Estate Partners, a pan European Real Estate investment actor and Asset Manager headquartered in London, with various acquisitions or redevelopment projects in France in 2020 and 2021, for an aggregate total value of €150m.
  • Advising Affinités Pierre SCPI, a French REIT managed by Groupama Immobilier with Groupama Gan REIM as purchaser, on the €30m purchase from Logistic Park Garons of a 30,000sqm logistic platform located in Garons, France.  
  • Advisor to Mata Capital, a real estate investment manager, on the acquisition, redevelopment and leasing of a four-star hotel located at 35, boulevard Victor in Paris, opposite the Parc des Expositions in the 15th district of Paris.

King & Spalding LLP

King & Spalding LLP

Testimonials

‘Available, responsive, didactic, sharp.’

Key clients

CNP Assurances

La Française Real Estate Partners

AEW

M&G Real Estate

Segro Plc

WeWork

Deka Immobilien GmbH

Diderot Real Estate

Novaxia

Banque Mirabaud

Foncière des Andes SPPICAV

DTZ Investors

ALEX GAMBAL GROUP

Banque Pictet

Inmark

Scaprim

Accuracy

BT Immo

Constructa Asset Management

Ingka Investment

Ikea

Clemium

Futura Fund P.l.c.

Hugo Boss

6ème Sens Immobilier

Mileway / The Blackstone Group

Paref Asset Management

Paris Society

Estée Lauder

Colliers Global Investor

EDF-ENR

Cromwell Property Group

Work highlights

  • Advised Ingka Investment/IKEa on the acquisition from Invesco of Forever 21’s former retail space and on the restructuring of the premises to develop its complex store.
  • Assisted SEGRO France with the development of its future urban distribution and logistics site of almost 90,000m² in Saint-Quentin-Fallavier (38).
  • Assisted 6ème Sens Immobilier with the disposal to Ardian Real Estate of an office property to be redeveloped located on Rue du Temple in Paris.

Kramer Levin Naftalis & Frankel LLP

Kramer Levin Naftalis & Frankel LLP

Testimonials

‘Renaud Dubois is very competent in real estate law, professional, responsive and pragmatic. His associate Ophélie Boulos is also very professional. The structure of the firm also allows work in synergy with other departments, for all legal questions related to real estate law.’

‘Daniele Darmon is a great professional.’

Key clients

Poste Immo / La Poste Group

SNC E-Valley

Swisslife AM

Brookfield

Hediard/Do & Co

AG Real Estate

EDF

LBO France

Predica

PED

Eternam

Etche

Work highlights

  • Assisted Locaposte (La Poste Group) with the conclusion of a lease in the future state of completion for the construction of an industrial platform for mail processing.
  • Assisted AG Real Estate with the corporate and tax considerations for numerous operations for AG Real Estate in France, on the buyer side or on the seller side, including in the context of partnerships.
  • Assisted JV EDF/Primonial/la Francaise with the tax aspects of the acquisition of the building used as HQ by Nestlé France in Paris from URW.

Pinsent Masons LLP

Pinsent Masons LLP

Work highlights

    Reed Smith

    Reed Smith

    Other key lawyers:

    Maxence Létisse; Nicolas Walker

    Testimonials

    ‘Dynamic team, always available, always delivering very high-quality work on time.’

    ‘Carole Steimlé and Maxence Létisse form a very effective duo because they are very complementary. A treat to work with them.’

    ‘Very high skill and speed in analysing the issues submitted. Processing requests with professionalism, always with the client’s interest in perspective. Very pragmatic and not just legal approach to questions in order to answer as accurately as possible by integrating our commercial, financial, legal and compliance objectives.’

    ‘Nicolas Walker is an expert and very rigorous.’

    Key clients

    La Salle Investment Management

    Ivanhoé Cambridge

    La Française Group

    Colony Capital

    Generali

    Catella Logistic Europe

    Nestlé France

    BIG

    W.P. Carey

    Katoen Natie

    Galderma

    Reinhart Marville Torre

    Reinhart Marville Torre

    Key clients

    AEW CILOGER

    AG2R LA MONDIALE

    AVIVA INVESTORS

    GENERALI REAL ESTATE

    GROUP VYV

    MYLAN

    SOGELYN DIXENCE

    CARLSBERG

    FC NANTES

    IFF

    CS Group

    KEYYO

    URBAN

    VALIMMO

    DXC TECHNOLOGY

    INTERXION

    sbkg & Associés

    sbkg & Associés

    Simmons & Simmons

    Simmons & Simmons

    Testimonials

    ‘Working with Simmons and Simmons in Paris is an excellent experience. The team is highly competent, thoughtful and responsive.’

    ‘Céline Larmet is at the top of her game. Clear-eyed advice that takes on board the context of the client’s issues not just the specific legal problem in front of her. A true collaborator. She has an excellent team of colleagues to draw on for specific insights into areas of expertise and is quick to do so thus ensuring the best all-round approach.’

    ‘A very professional team with great responsiveness.

    ‘Elisa Bocianowski and her team (Louis Delestrée, Sarah Copeland) provide excellent advice, attentive to the needs of their clients. Their efficiency and technical mastery are really appreciated.’

    Key clients

    Groupama Immobilier

    BNP Paribas REIM France

    Valor Real Estate Partners

    TechnipFMC plc

    Global Net Lease

    Unibail-Rodamco-Westfield

    Keys REIM

    Foncière Magellan

    Colliers Global Investors

    Janssen-Cilag (Johnson & Johnson)

    M7 Real Estate

    Société Générale

    Savills Investment Management

    DRC Capital

    Perial

    Work highlights

    • Advised Valor Real Estate Partners, a pan-European real estate investment and asset management company focused on the logistics sector, on the leasing to Chronopost of a warehouse located in Argenteuil of a surface area of approx. 10,538sqm.
    • Assisted Groupama Immobilier and Groupama Gan Reim in a sale and leaseback transaction relating to commercial premises sold by Monoprix located rue de Rennes in Paris (75006).
    • Acted as counsel for Foncière Magellan on the acquisition of the entire multi-tenant office complex K-Ouest, on behalf of one of its investment vehicles, from a fund managed by L’Etoile Properties.

    Taylor Wessing

    Taylor Wessing

    Practice head(s):

    Alfred Fink; Sophie Pignon

    Other key lawyers:

    Franck Lagorce; Thomas Coëffe

    Testimonials

    ‘We chose Taylor Wessing for their unique capabilities to combine real estate and other legal expertise all out of a small and dedicated team in Paris and brought our transaction to success.’

    ‘Alfred Fink is a perfectly trilingual French/German/English lawyer with great expertise in structuring cross-border real estate acquisitions. His input was highly appreciated as he mastered the case without a flaw and managed to get all parties to agree on relevant issues through his calm, knowledgeable and trustworthy manner.’

    ‘Thomas Coëffé is a high-energy and 24/7 legal power player. Thomas was relentless in working through all legal and financial details and would not stop until he had cleared every open issue and prepared all required documents with the parties involved. He not only has a very high energy level, but also great attention to detail and is extremely experienced in real estate transactions and capital market debt financing. Great team player and a great asset to have on your side!’

    ‘Franck Lagorce assisted us with devising an extremely efficient and unique tax strategy in our real estate acquisition. Franck grasped the multifaceted complexities and delivered an extremely elegant tax solution that works on a corporate and shareholder level. Extremely proficient tax lawyer with highly creative ideas delivering super bespoke solutions!’

    Key clients

    Continuum Capital Partners GmbH

    Coros Advisory International GmbH (formerly “Commodus GmbH”)

    Crédit Suisse

    Family office of Al Tajir

    Family office of Frères RIHS

    GEW Ferien GmbH

    Global Hotel Group

    Invesco

    Marriott

    New Guards Group

    RFR Holding GmbH

    Sycamore Capital

    Warimpex / UBM