2nd semester 2017

by matt | Feb 23, 2018 | deals

In September 2017, Fairway advised :

• Pitch Promotion in the setting up of their partnership with DTZ Investors in order to create a logistics warehouse fund named OPPCI “FLF One”. This vehicle will acquire land and develop the latest generation of warehouses in order to rent them to large users. The operation ultimately aims at holding a portfolio of assets of approximately € 450 billion. Pitch Promotion will ensure the development of these warehouses. DTZ Investors will manage both real estate assets and OPPCI through its portfolio management company, DTZ Investors REIM. Pitch Promotion and DTZ Investors will also be co-investors in the fund.
• Highlands Logistics, a company controlled by affiliates of a North American institutional investor and STAM Europe, for the acquisition of a 4 warehouses portfolio named Octave. These assets, with a total area of ​​78,000 sqm, are located in Amiens (80), Nanteuil (77) and Avignon (84). The portfolio is rented at 86% on long-term leases.

In October 2017, Fairway advised :

• Tikehau Capital for the acquisition by a fund managed by its affiliate Tikehau Investment Management of a portfolio of approximately 200 office and business assets. These assets, with a total area of approximately 400 000 sqm, are located in Île-De-France and in its regions
• Mitiska REIM for the acquisition from Klépierre of the Saint Clair retail park in Hérouville Saint-Clair near Caen. This shopping center includes 18 units, with a total leasable area of 13,500 sqm, and 630 parking spaces. This is the first acquisition in France of Mitiska REIM which consolidates its position as the European leader in business parks investment with a portfolio of 45 parks in Europe.
• Highlands Logistics, a company controlled by affiliates of a North American institutional investor and STAM Europe, within the scope of two financings of several logistic portfolios made available by the German bank Helaba. These financings, for a total amount of nearly € 180 million, aim to finance acquisitions of existing assets (particularly those realized during the third quarter of 2017 (€ 220 million)) and / or under construction.
• Primonial REIM on legal and corporate aspects within the acquisition by one of its funds of a minority and strategic stake in the Fonciere Siscare, the first French Real Estate Company entirely dedicated to the care of Dependency and Early Childhood. Thus, Primonial REIM, on behalf of one of its fund, will invest 91M€, by capital increase, to become a strategic shareholder of up to 40% of the Fonciere Siscare, 20M€ being also invested by SIS, the historical shareholder of this one.

In November 2017, Fairway advised :

• Primonial REIM within the acquisition from ANF Immobilier of a real estate assets portfolio located rue de la République in the 1st and 2nd arrondissements of Marseille for a total amount of 400 million euros.

1st semester 2017

by matt | Feb 23, 2018 | deals

In January, Fairway advised :

• The Carlyle Group on the legal structuring of the construction and the negotiation of contracts in the context of the acquisition from the SNCF of the volumes and the real estate assets required for the realization of a major property complex inside the Ilot Saint-Lazare in Paris with regards to the complexity of such an implementation into the Gare Saint-Lazare which has to remain permanently active. This project, called “Grand Central – Saint-Lazare”, scheduled for the beginning of 2019, will offer 23,600 sq.m of office and service’s spaces, shops, urban agriculture and spaces open to the city and accessible to the public.

• GCI and an American pension fund for the acquisition before completion of the building Nework from Eiffage Immobilier and Altarea Cogedim. This 7-storey building still under construction is located at the feet of the new multimodal station of Nanterre University in the territory of La Défense Seine-Arche. Nework’s building will offer 21 147sqm of offices and services space with a company restaurant, a drugstore, a business center and a concierge service. 196 parking spaces will also be available on 3 underground levels. The delivery is scheduled for mid-2019.

In May, Fairway advised :

• Mata Capital for the acquisition of a Go Sport store located in Paris Châtillon ( Paris 14th), a commercial asset of 4,100 sqm which benefits from 3,700 sqm of retail space and a parking with 306 spaces directly accessible. The operation is estimated at € 10 million.

• Abénex, a management company specialized both in growth capital and leveraged buyout, in its acquisition of a stake in Europa Group, a French firm specialized in the organization of scientific and medical congresses.

In July, Fairway advised :

• Primonial REIM for the acquisition through a VEFA (sale before completion) of the 27,000 sqm of the international building in Saint-Quentin-en-Yvelines (78). This building will be completely restructured and partially demolished to offer 21,000 sqm of office spaces and 8,500 sqm of collective housing. The delivery of this operation is scheduled for the second quarter of 2019 for the offices and from the 4th quarter of 2019 for the housing units.

2nd semester 2016

by matt | Feb 23, 2018 | deals

In September 2016, FAIRWAY A.A.R.P.I  advised:

• GIC on tax aspects within the scope of the lease of the real estate portofio “Two & Only” composed of 2 buildings located in Paris 8: the 1-5 rue d’Astorg (9 900 sqm) and the 10-16 rue de la Ville l’Evêque (14 400 sqm)
• CONSTRUCTA on tax aspects regarding the sale of its shares in the company owing the tower La Marseillaise. This tower of 135 floors and 35,000 sqm of office spaces (31 floors), designed by the French architect Jean Nouvel is being constructed in the Euroméditerrannée business district of Marseille. Its delivery is scheduled for mid-2018
• ANF IMMOBILIER, developer and investor in partnership with Foncière des Régions and Vinci Immobilier in the real estate project Quai Ilot 8.2 at Bordeaux. This project located in the heart of the Armagnac business district, close to the future TGV station includes 29,500 sqm of office spaces, 3,000 sqm of stores, 2 hotels and a student residence, for a total area of 43,000 sqm. The delivery is scheduled for 2018

In October, FAIRWAY A.A.R.P.I advised:

•  DTZ INVESTORS FRANCE on legal aspects in his capacity as representative of an institutional investor who has just purchased from private sellers an office building located 5-7 rue du Commandant Pilot in Neuilly-sur-Seine (92). This building with a total area of about 2600 sqm including a cosmetics shop on the ground floor and 42 parking spaces in the basement is fully leased to Make Up For Ever, a subsidiary of LVMH group.

In November, FAIRWAY A.A.R.P.I advised:

• BARINGS REAL ESTATE ADVISERS for the acquisition of a land in the CRT of Lesquin (Lille, France) . The existing vacant building will be torn down to build a new 10,292 sqm Grade A refrigerated warehouse unit. Once completed, the future property will be fully let to XPO Logistics on a fixed nine year lease.

In December, FAIRWAY A.A.R.P.I advised:

•  Tishman Speyer for the acquisition of the Îlot des Mariniers in the 14th arrondissement of Paris. This project, which is still under development, will offer 25,000 sqm of new office space. Its delivery is scheduled at the beginning of 2018.

• CBRE Global Investors on transactional aspects for the sale of 4 assets located in Brie-Comte-Robert, Saint-Germain-lès-Arpajon, Chelles and Marolles with for a total area of ​​136,430 sqm

• Tikehau Investment Management (IM) for the acquisition and the financing of a portfolio of approximately 130 office and business assets with SOFILO, a real estate company of the EDF group. This portfolio, whose assets are located in Ile-de-France and in its regions, has a useful surface area of ​​approximately 300,000 sqm. This transaction was carried out by OPCI Tikehau Real Estate II, managed by Tikehau IM, in connection with an asset sale with an operating lease.

• SCOR INVESTMENT PARTNERS on legal aspects for the lease by the Banque de France of the totality of the 20,000 sqm of the InTown office’s program currently under redevelopment in the heart of the Saint-Lazare district.

1st semester 2016

by matt | Feb 23, 2018 | deals

In January 2016, FAIRWAY A.A.R.P.I  advised:

• DTZ Investors France within the acquisition of Hermès’ headquarters, located 13-15 rue de la Ville l’Evêque – Paris 8, an office building of  6 150 m² and 64 parking spaces.
• PITCH PROMOTION’s shareholders within the sale of PITCH PROMOTION to the group Altarea Cogedim. This operation  came along with the reinvestment of a portion of Altarea Cogedim’s shares’s transfert result and with the acquisition of stake by some shareholders in various real estate programs.
• PRIMONIAL REIM within the firm agreement concluded with Gecina regarding the acquisition of shares of Gecina’s companies holding the real estate porfolio of its healthcare division.

In February 2016, FAIRWAY A.A.R.P.I  advised:

• DCB INTERNATIONAL within the scope of the signature with Danone of the lease, in the future state of completion, of the Linux building located in Limonest (11 156 sqm offices and  400 parking spaces) in order to establish the headquarters of  Blédina and Danone Nutricia Africa Overseas, Danone’s expert subsidiaires in infant nutrition.

In March 2016, FAIRWAY A.A.R.P.I  advised:

• Prime Capital Partners on the acquisition of the Solad tower located at La Défense
• Gambetta Group regarding rental issues within the scope of the inauguration of a 428 housing units portfolio representing 12,140 built sqm and located Porte d’Ivry in Paris 13.
• Novaxia within the scope of the acquisition of the “Château Rothschild” and its adjacent plots, included the Parc des Canadiens, located in Boulogne-Billancourt.

In April 2016, FAIRWAY A.A.R.P.I  advised:

• La Française REM within the scope of the acqusition of an office buiding of 20 166 sqm located in Paris 12

In June 2016, FAIRWAY A.A.R.P.I  advised:

• Aviva Investors Real Estate within the scope of the signature of the lease, in the future state of completion of the Elements office building (16 225 sqm) located in Paris 13

In July 2016, FAIRWAY A.A.R.P.I  advised:

• AEW within the scope of the acquisition, on behalf of an institutional investor, of an office building (​​7200 sqm) located 17 rue Matignon, at the heart of the Central Business District (Paris 8)

• Ciloger within the scope of the acquisition from Triuva Kapitalverwaltungsgesellschaft mbH, on behalf of the French SCPI Atout Pierre Diversification of 100 % of the shares of the French SCI owning the office buiding located 129, avenue Charles De Gaulle in Neuilly (2 400 sqm) valued at € 32 M

• LaSalle within the scope of the funding for the acquisition in the future state of completion from Nexity of the Périsight building (9600 sqm) located at Clichy-La-Garenne. The building is planned for delivery in the second semester 2018.
• Tishman Speyer for the acquisition of the Tour CBX from Dexia, an offices and services building of 31 floors (41 000 sqm) located in the business district of La Défense (92)