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.
Real estate in France
Allen & Overy LLP
Practice head(s):
Other key lawyers:
Xavier Jancène; Julien Roux; Caroline Delavet; Frédéric Jungels; Antoine Chatry
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’.
Practice head(s):
Other key lawyers:
Anne-Sophie Plé; Karen Bortolotti; Adeline Lefaucheur; David Gérard
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 Fatôme, Paul 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.
Practice head(s):
Other key lawyers:
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.
Practice head(s):
Frédéric Lefébure; Aubry D’Argenlieu; Neslihan Gabriel-Denizkurdu; Franck Denis
Other key lawyers:
David Franco; Pierre-Emmanuel Fonteilles; Sandrine Benaroya; Juliette Bril; Sabine du Granrut; Emmanuel Galifer; Matthieu Barthélemy
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, Rémi Tabbagh and Laetitia Lemercier. Antoine Mary was promoted to partner in July 2021. Since publication, Kamel Ben Salah left the firm.
Practice head(s):
Other key lawyers:
Eric Martin-Impératori; Renaud Baguenault de Puchesse; Bertrand Oldra; Christopher Szostak; Hugues Moreau; Jean-François Levraud; Nicolas Planchot; Laetitia Lemercier; Constantin Miliotis; Rémi Tabbagh; Antoine Mary
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):
Other key lawyers:
Cyrille Bailly; Emilie Capron; Guillaume Jeannet ; Chloé Thiéblemont
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):
Other key lawyers:
Jean-Maurice Gaillard; Paul-Henri De Cabissole; Marlène Benoist Jaeger
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):
Other key lawyers:
Antoine Mercier; Myriam Mejdoubi; Erwan Lacheteau; Gaëtan Rogeau; Romain Guénin Romain Guénin; Mathilde Tariel; Christine Bernardo; Gabriel Dalarun; Ruxandra Lazar
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):
Other key lawyers:
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):
Other key lawyers:
François-Régis Fabre-Falret; Florence Defradas; Sidonie Fraîche-Dupeyrat; Géraldine Pedelièvre; Hélène Cloëz; Aurélie Dauger; Sandra Fernandes; Pascaline Déchelette-Tolot; Stephan Lesage-Mathieu;
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.
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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):
Other key lawyers:
Hervé Jégou; Pierre-Marie Ouchet; Eva Leygonie; Virginie Louvigné; Maria Batlouni
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.
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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 her ‘excellent knowledge of the sector’ and her skill in negotiating commercial leases.
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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 Vigand ‘has strong expertise in real estate financing and a historical relationship with key players in the sector’.
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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):
Other key lawyers:
Maxime Simonnet; Véronique Lagarde; Amélie de Baudry d’Asson
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):
Other key lawyers:
Solène Maulard; Flavia Poujade; Carol Khoury; Pauline Ezcurra
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.
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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.
Practice head(s):
Other key lawyers:
Maud Bischoff; Déborah Gelblat; Wladimir Mangel; Vincent Nédellec
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
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.
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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.
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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.
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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.
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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
Practice head(s):
Other key lawyers:
Pierre Popesco; Olivier Mesmin; Christine Daric; Laurent Schittenhelm; David Blondel; Didier Bruère-Dawson; Edouard Alcouffe; Michel Koutsomanis; Suzy Lasry; Peter Schäfer; Chloé Strasser; Cyrille Rumen
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
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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
Practice head(s):
Other key lawyers:
Philippe Bouillon; Jérémy Chiche; Jérémy Goldblum; Robert Meilichzon; Michel Meyer
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
Practice head(s):
Other key lawyers:
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
Practice head(s):
Other key lawyers:
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
Other key lawyers:
Anne Vrignaud; Vanessa Benichou; Ruxandra Lazar; Dorian Scemama
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
Practice head(s):
Renaud Dubois; Arnaud Guérin; Pierre Appremont; Danièle Darmon; Paméla Le Jeune
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.
Reed Smith
Practice head(s):
Other key lawyers:
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
Practice head(s):
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
Simmons & Simmons
Practice head(s):
Other key lawyers:
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
Practice head(s):
Other key lawyers:
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