by matt | Jul 18, 2022 | deals
Fairway advised La Française REM and Banque des Territoires on the financing aspects of the acquisition of the Alphabet office building from AXA IM Alts. This 20,275 sq.m. asset, scheduled for delivery in June 2023, is located in Bois-Colombes.
The building is fully pre-leased under a 9.5 year firm lease to Sagemcom for its new headquarters. This acquisition was made on behalf of the SCPIs LF Grand Paris Patrimoine and Épargne Foncière and by Caisse des Dépôts.
The building is designed to meet the challenges of sustainable mobility: location at the foot of public transport, charging stations for electric vehicles and a large bicycle room. It also has an inter-company restaurant (RIE), a coworking space and terraces on each level, including a 350 sq.m terrace on the first floor and a 640 sq.m rooftop on the eighth floor.
The asset is aiming for the HQE Bâtiment Durable 2016 very high performance, Breeam very good and Effinergie labels corresponding to level E2 of the E+C- label.
According to Philippe Depoux, Chairman of La Française REM, “Alphabet offers a level of technical services that meets the requirements of new generation buildings. Its design and strategic location, opposite the future Grand Paris Express metro station, will help to sustain its rental value.”
For Richard Curnier, Regional Director for the Île-de-France region of Banque des Territoires, “this is a significant project for Banque des Territoires, which is committed to the development of the station areas of the Grand Paris Express. It is a question here of investing in an asset that will house a company in full development, and of contributing to the functional mix of a neighborhood in the service of social cohesion and its attractiveness.”
by matt | Jun 28, 2022 | deals
Fairway advised the SCPI Novaxia Neo on the acquisition of the Eco Park building, an office buidling of more than 15,000sq.m located in Louveciennes in the Yvelines. This building was acquired from Foncière Maher, a subsidiary of the Herrmann Frères et Fils group and Foncière Sima.
The building is currently rented to “listed or international companies”, says the SCPI Novaxia Neo, which adds: “The building is ideally located in the city centre, close to the RER and benefits from the proximity of a very large green space. Flexibility could therefore be envisaged in the long term if the property were to become vacant without finding tenants.
by matt | Jun 7, 2022 | deals
Fairway advised US investors in the setting up of a €105 million USPP (US Private Placement) financing for the Daher Group, a leading player in the aviation and aeronautical equipment market.
This bond financing, subject to US law, combined with the conclusion of a €75 million term loan with the Daher Group’s historical banking partners, will allow the Group to proceed with the full repayment of its PGE (State guaranteed loan).
by matt | Apr 15, 2022 | news
International rankings for 2022: our lawyers’ excellence recognised!
Legal 500 EMEA ranks us as a Top Tier firm (Band 1) in Real Estate, Band 3 in Environment and Band 5 in Tax.
Our partners Aubry d’Argenlieu (Hall of Fame, Real Estate), Frédéric Lefébure (Leading Individual, Real Estate), David Franco (Leading Individual, Real Estate Finance) and Franck Denis (Next Generation Partner, Real Estate) are also honoured in the latest ranking.
What Legal 500 says about us:
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.’
The strong points: High responsiveness, very serious, high reliability, knowledge, competence, negotiation skills.’
‘Juliette Bril is very pragmatic, an educator, and always has a solution to our ICPE issues. She is a benchmark in environmental law. She is result-oriented, gets to the bottom of things and I consider her perfect in her role! The subject is difficult and Juliette’s expertise is a major asset. There is no weak point.’
‘The FAIRWAY team has great environmental expertise in our industrial land issues, and knows how to support us by proposing an adequate drafting of contracts preserving our interests and protecting us.’
Chambers Europe ranks us Band 2 in real estate. Our partners Frédéric Lefébure (Band 2 – real estate), Aubry d’Argenlieu (Band 3 – real estate), David Franco (Band 4 – real estate financing), Emmanuel Galifer (Band 3 – real estate tax) and Juliette Bril (Band 4 – environment) also feature in the latest ranking.
What Chambers says about us :
Fairway offers a reputable real estate practice covering all aspects of real estate including M&A, leases and litigation. The team boasts particular expertise in real estate financing, representing a broad range of clients, including listed and non-listed real estate companies, investment funds and insurance companies. Lawyers in the practice are experienced in hospitality and office real estate matters.
One client describes a “very good team with brilliant practitioners aiming to make deals and solve issues in a quick and efficient way.”
Testimonial :
“They are business-oriented lawyers,” says another client.
Aubry D’Argenlieu advises corporates and investors on acquisitions and lease negotiations. “He is a very charismatic lawyer,” says one client, adding: “He is a very sharp negotiator, always thinks outside the box and is often two steps ahead of all others.”
Clients say David Franco is “very sharp, business-oriented, available and friendly.” He assists with the financing of major real estate transactions.
Frédéric Lefébure acts on a range of complex transactions involving retail and mixed use assets. His clients include prominent real estate investors and developers.
Juliette Bril of Fairway enters the rankings for the first time this year. She advises on industrial site contamination and remediation matters. She also assists with renewable energy and waste-related mandates. Clients say: “She is always constructive, very efficient, responsive, quickly understands our problems and provides appropriate legal solutions.”
Emmanuel Galifer regularly advises on the tax aspects of real estate acquisitions as well as property investments and cross-border portfolios. He is described by one client as being “reachable, responsive, precise and reassuring.”
by matt | Mar 15, 2022 | deals
Fairway advised Perial AM in the acquisition, on behalf of the SCPI PFO, of a building located at 19/23 rue Saint Ferréol in the 1st district of Marseille, from LaSalle Investment Management. This mixed-use office and retail complex has a lettable area of 8,817 sq.m. and is fully leased to 15 tenants.
“This acquisition is in line with the strategy of our SCPI PFO: a mixed-use building located in the heart of a major metropolis and fully leased. This new acquisition in Marseille underlines our confidence in this dynamic region, which is now a key player in the European landscape”, says Stéphane Collange, Investment Director of Perial Asset Management.
