Fairway advised the GALERIES LAFAYETTE Group on the sale of BHV MARAIS on November 10 to the SGM Group, a family-owned company specializing in large-scale city-center retailing, following approval from the competition authorities.
Fairway advised Leitmotiv on the share-deal acquisition from Harold van Lier of the Grand Hôtel des Bains in Locquirec, Finistère.
Dating from the end of the 19th century, this 36-room 4* hotel, most of which faces the sea, also includes two restaurants and a spa with four treatment rooms. Now at the helm of this hotel asset – located between the Côte de Granit Rose and the Côte Sauvage – the Leitmotiv group intends to carry out “a gradual renovation (…) while preserving the authenticity and charm for which the establishment is renowned”. To bring the establishment into line with the codes of luxury lifestyle hotels, capex – currently under study – will be deployed using debt leverage.
Fairway advised Remake on behalf of SCPI Remake Live on the acquisition of the Campus Massy building, with a floor area of over 14,000 sq.m. Built on one basement level, a first floor and two superstructure levels, this fully-owned́building is located in the heart of the Massy tertiary cluster in the immediate proximityof the Massy Palaiseau transport hub. Delivered in 2005, the building is fully leased to Safran, following the renewal in 2022 of its lease for a firm 9-year term.
Fairway advised Paluel-Marmont Valorisation when it acquired a 41% stake in Eliasun, alongside its parent company La Compagnie Lebon and several private investors and family offices, as part of a club deal.
Positioned mainly in Seine-Saint-Denis and Val-de-Marne, Eliasun currently has a pipeline of more than 1,000 housing units, spread over 14 projects, of which 40% are sold en bloc and 60% at 5.5% VAT. The establishment of this club deal will enable Eliasum to accelerate its development and benefit from structuring and financial support for industrialization.
Our partners Juliette Bril and Frédéric Lefébure have been honoured in Business Today’s Lawyer Awards 2023.
Juliette and Frédéric are respectively named in the Top 10 influential environmental lawyers revolutionizing french legislation and the Top 10 pioneering real estate lawyers in France.
“Juliette Bril of Fairway is renowned for her expertise in industrial site contamination, remediation matters and advising on renewable energy and waste-related mandates. Her far-reaching abilities have shaped her reputation as a holistic environment lawyer in France.”
“A significant player at Fairway, Frédéric Lefébure handles complex transactions involving retail and mixed-use assets. His clientele includes notable real estate investors and developers who are impressed by his strategic approach towards every assignment.”