Firm Profile > Fairway A.A.R.P.I. > Paris, France

Fairway A.A.R.P.I.
75008 PARIS

France > Real estate Tier 2

Fairway A.A.R.P.I. is France’s leading real estate boutique. The firm houses a very large team, able to provide full-service real estate expertise, spanning real estate transactions, asset management, property finance, land development and construction, as well as property finance and tax. In addition, ancillary practices such as environment, litigation and urban planning are also available. The firm acts for a prominent and diverse client base, made up of many leading investors, developers, owners and large companies and deals with work pertaining to any type of logistic, commercial, office or residential asset. Recently, the practice advised on several headline transactions, including a landmark transaction in the retail area, as well as on several large logistic, residential and hotel portfolio deals. It also assisted a key client with leasing negotiations over large warehouse surfaces. The real estate practice is co-headed by the highly experienced Frédéric Lefébure and Aubry D’Argenlieu together with Emmanuel Cazin and the up-and-coming duo Neslihan Gabriel-Denizkurdu and Franck Denis. Other key members include David Franco, the head of the property finance practice, corporate practice head Pierre-Emmanuel Fonteilles, and tax practice head Emmanuel GaliferCloé Teisson, Cécile Peyronnet and Sébastien Sehili-Franceschini made counsel in January 2020. Counsel Nicolas Aynès, who joined from LPA-CGR avocats in June 2020, receives praises for his high-level litigation expertise.  

Practice head(s):

Frédéric Lefébure; Aubry d’Argenlieu; Emmanuel Cazin; Neslihan Gabriel Denizkurdu; Franck Denis


 ‘Excellent real estate practice.’

‘Agile and independent.’

‘Fairway combines leading law firm expertise with the proximity of smaller firms. The lawyers are very practical advisers. They are responsive, skilled, available and creative. They quickly grasp complex issues and always come up with adapted solutions.’

‘Aubry d’Argenlieu masters all the aspects of the practice. He is a fine negotiator and has wonderful interpersonal skills. He makes issues sound simple which makes clients feel confident.’

‘Frédéric Lefébure provides very high-quality services. His notary background makes him a particularly wise adviser.’

‘Franck Denis is business-oriented, shows a great mastery of issues and is practical and efficient. His contribution brings real added value.’

‘Neslihan Gabriel Denizkurdu is a great professional, very smart and available.’

‘Nicolas Aynès is excellent at dealing with commercial litigation. He is thorough and shows fine analysis skills.’

Key clients




























France > Environment Tier 3

Practice head(s):

Juliette Bril


Juliette Bril is highly responsive, very reliable and very knowledgeable. She is practical and always comes up with a solution. She is results-oriented and goes to the bottom of things.’

Key clients





France > Tax Tier 4

Fairway A.A.R.P.I.'s Emmanuel Galifer is a real expert in property tax. He and his team regularly advise leading funds and investors on the structuring of large property transactions handled by the firm, as well as on the structuring of real estate funds. The practice was recently involved in high-profile transactions in relation to hotel, office and logistic and industrial assets.

Practice head(s):

Emmanuel Galifer


 ‘The lawyers are business-oriented, very available and always accurate in their advice.’

‘The firm shows high-level legal and tax technique and extensive experience in relation to the property market.’

‘Emmanuel Gallifer is very professional, nice, creative, clear and precise. He makes complex matters look clearer, which helps clients to take to the best decision. His analyses are always business-oriented’.

Key clients






The firm

Fairway was founded on 1 January 2011 by Frédéric Lefébure, Emmanuel Cazin and Pierre Emmanuel Fonteilles, to focus on providing high-quality, cost-effective advice to companies in the real estate industry. The firm has grown rapidly over the past three years, with the selective hiring of senior-level attorneys hand-picked from large French and international law firms. In June 2021, barely 9 months after the creation of its Restructuring Department and the arrival of Matthieu Barthélemy, Fairway has decided to accelerate its development by welcoming Sandrine Benaroya, specialized in Corporate – Private Equity, as a partner of the Firm. With this arrival, Fairway, a French and independent business law firm already recognized as a key player in the real estate industry, has decided to pursue its growth beyond this industry alone by taking a new step dedicated to the Corporate M&A market.


Our expertise

The firm’s strategy is to meet sophisticated clients’ demands for excellence, commercial knowledge of their industry and a valuable service through dedicated partners assisted by a limited number of closely supervised associates. Clients appreciate the entrepreneurial spirit of the team combined with its dedication to the delivery of customised, creative and high-quality services. Fairway provides a variety of services relating to complex real estate transactions, leasing and financing, as well as the structuring and formation of investment funds including regulated funds like OPPCIs. The same applies to all industrial and investment operations requiring expertise in Corporate M&A – Private Equity & Restructuring.

Fairway has built close relationships with correspondent firms which share the firm’s values of excellence, a client-orientated approach.

As the firm is not bound to any global network, it can adapt and specifically choose to work with the most appropriate firm, depending on the matter and the transaction. Clients therefore benefit from Fairway’s experience on large international transactions and have a single point of contact ensuring cross-border operations are managed and operated on in an efficient manner.

The firm’s ability to provide sophisticated tax advice, in addition to substantive real estate advice, is a factor that distinguishes the firm from others in the French market.


Areas of practice

Fairway is a unique law firm in Paris.

Its real estate sector focus, together with its full service range of legal capacities, enables the firm to assist all market players, French and overseas  financial institutions, investment funds, listed or unlisted real estate investment companies, asset managers, developers and others involved in construction projects, landlords and tenants, business and industrial companies, large corporates and public bodies  in every phase of real estate industry matters, from tax and transactional structuring to financing and development and crisis management, , transfer, partnership and joint venture.

Fairway considers there to be two kinds of real estate: (i) real estate seen as a financial product, and (ii) real estate seen as an industrial means, which allows it to operate in the Corporate-M&A market and to have access to other operations not necessarily related to the real estate sector. The firm’s expertise covers all legal needs for this dual industry and all its classes of assets (industrial complex, warehouses, offices, shopping centres and commercial buildings, residential, hotels, student housing, sports and leisure facilities, cinemas, port and airport centers, etc.) as well as all sectors of Corporate M&A (industrial, investment funds, private equity, restructuring, financing, etc.).

With 11 partners and 25 associates, Fairway is undoubtedly the Parisian firm with the largest number of lawyers dedicated to the real estate industry, also covering the Corporate M&A market.


Department Name Email Telephone
Partner (real estate) Frédéric Lefébure
Partner (real estate) Aubry d'Argenlieu
Partner (real estate) Franck Denis
Partner (real estate) Neslihan Gabriel Denizkurdu
Partner (Real Estate & Corporate Financing) David Franco
Partner (Corporate - M&A) Pierre-Emmanuel Fonteilles
Partner (Corporate - M&A) Sandrine Benaroya
Partner (Real Estate Tax) Emmanuel Galifer
Partner (Litigation) Sabine du Granrut
Partner (Restructuring) Matthieu Barthélemy
Partner (Environment & Sustainable Development) Juliette Bril
Photo Name Position Profile
 Nicolas Aynès photo Nicolas Aynès Counsel
Mr Matthieu Barthélemy  photo Mr Matthieu Barthélemy Matthieu joined Fairway as a partner in September 2020 in order to…
 Sandrine Benaroya  photo Sandrine Benaroya Sandrine Benaroya, a specialist in M&A and LBO – Private Equity transactions,…
 Juliette Bril  photo Juliette Bril Juliette Bril is in charge of the firm’s environmental law department. Bilingual…
 Emmanuel Cazin  photo Emmanuel Cazin Emmanuel Cazin advises investors on their acquisitions or sales of real estate…
 Franck Denis  photo Franck Denis Franck was co-opted as partner in July 2019. He is essentially involved…
 Pierre-Emmanuel Fonteilles  photo Pierre-Emmanuel Fonteilles With over 20 years of experience and a solid base of both…
 David Franco  photo David Franco David Franco is specialized in financing and restructuring transactions, mainly focusing on…
 Neslihan Gabriel-Denizkurdu  photo Neslihan Gabriel-Denizkurdu Neslihan has joined Fairway as a Partner in January 2018. She specializes…
 Emmanuel Galifer  photo Emmanuel Galifer Emmanuel Galifer’s expertise in real estate tax matters allows him to assist…
 Frédéric Lefébure  photo Frédéric Lefébure Frédéric Lefébure’s main activity focuses on real estate acquisitions (portfolio, real estate…
 Cécile Peyronnet  photo Cécile Peyronnet Of counsel
 Sébastien Sehili-Franceschini  photo Sébastien Sehili-Franceschini Counsel
 Cloé Teisson  photo Cloé Teisson Counsel
 Aubry d'Argenlieu photo Aubry d'Argenlieu Aubry d’Argenlieu joined Fairway as a Partner, in June 2012. He has…
 Sabine du Granrut  photo Sabine du Granrut Sabine du Granrut has extensive experience in commercial and real estate litigation…
Number of lawyers : 35

Fairway is pleased to be the partner of the Socially Relevant Film Festival New York. This festival focuses on socially relevant film content, dealing with human interest stories that raise awareness to social problems and might offer positive solutions through the powerful medium of cinema. SR Film Festival believes that through raised awareness, expanded knowledge about diverse cultures, and the human condition as a whole, it is possible to create a better world free of violence, hate and crime.

The mission of SR socially relevant film festival is to shine the spotlight on filmmakers who tell compelling, socially, relevant, human interest narratives across a broad range of social issues without resorting to gratuitous violence and violent forms of movie making.

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