Fairway advised GCI and Eternam in the financing of the joint venture acquisition of a 4,600 sq.m. historic office complex located near the Opera (Paris 2th). The 8-story building, whose façade is listed as a historical monument, comprises 3,000 square meters of office space and 1,600 square meters of basement space. The asset is being sold vacant, in its current state, for a price of €58.3 million net of sales. "This acquisition is in line
Fairway advised Mirabaud Asset Management in its partnership with Linkcity, Bouygues Construction's real estate development subsidiary, for the financing of real estate asset development operations. With a €100 million envelope dedicated to the acquisition of lands that have already been developed and buildings that need to be upgraded in major French cities, the partnership will make it possible to finance the need to transform cities, in the early stages of development of mainly residential real
David Franco (partner), Fanny Roiena and Veronika Zaytseva (associates) advised Nexity on a cash credit line of 800 million euros and a package of signed commitments that appear as off-balance sheet items (in particular financial guarantees for completion specific to the French "Vente en Etat de Futur Achèvement" regime) of 2.1 billion euros. The banking pool consists of Arkéa Banque Entreprises et Institutionnels, Banque Européenne du Crédit Mutuel (BECM), BNP Paribas, Compagnie Européenne de Garantie
Fairway advised Black Swan Real Estate Capital on the acquisition of a 6,000 sq. m. retail lot from a French institutional investor on behalf of ClubFunding Group in co-investment with a British investment fund. The retail complex, which includes 150 underground parking spaces, is located on Boulevard de Grenelle in the 15th arrondissement of Paris, near the Eiffel Tower and the Champ-de-Mars. The building is fully leased to the Castorama
Fairway advised Primonial REIM on the real estate, corporate and financing aspects of the acquisition of the Rock portfolio, a portfolio of healthcare assets comprising nearly 23,000 square meters of floor space spread across five nursing homes located in Pernes, Saint-Avold, Évreux, Le Havre and Saint-Parres-aux-Tertres. The assets, which combine medical care and adapted accommodation in serviced residences, are operated by Colisée. This acquisition is the largest healthcare real estate transaction of the year
Fairway advised Primonial REIM France on the real estate, corporate and financing aspects of the acquisition of 8 healthcare facilities, clinics and homes for the dependent elderly, from BNP Paribas REIM on behalf of its SCPI Primovie. This acquisition follows the purchase of the first 4 assets at the end of October. The portfolio consists of assets with diversified activities: MCO clinics, SSR and psychiatric clinics, and EHPAD. The 12 establishments have a total surface
Fairway advised AG2R la mondiale, In'li and BNP Paribas REIM (the latter also represented by Baker&McKenzie) in the creation of the real estate company RésiCoffim. This real estate company will invest in quality, sustainable housing near transportation and employment areas. Asset and fund management will be provided by Coffim AM Rési, a subsidiary of the Coffim Group, which is launching a new asset management activity. Initially, AG2R La Mondiale, In'li and BNP Paribas REIM intend
Fairway (Cloé Teisson, Counsel – Frédéric Lefébure, Partner) advised Financière Saint James in the acquisition, in partnership with Herrmann Frères & Fils Immeubles and from Abeille REIM, of a prime Haussmann building located at 15 rue d'Astorg in the 8th district of Paris. This building has a surface area of approximately 2,500 sq.m. in the ground floor + 5
Fairway advised Novaxia on the acquisition of the Biocitech site in partnership with Oxford Properties. This life sciences site, previously owned by Fiminco and Banque des Territoires, a subsidiary of Caisse des Dépôts, is located in Romainville (Seine-Saint-Denis) and includes 21,000 sqm of business space dedicated to Life Sciences, as well as a 3.5-hectare land reserve, and is currently home to 27 companies. The campus is alreadỳ leased to 17 tenants of different sizes, including
Fairway advised Realterm on the acquisition of a logistics portfolio of 15 assets for a total surface area of 73,000 m², a first for the group in France. The assets, entirely leased by "leading players", are located around major French cities such as Paris, Marseille and Toulouse. "The French logistics market is characterized by a strong imbalance between supply and demand, with a record vacancy rate and incredibly strong demand," notes Hugues Tallandier, head of