Fairway advised ICG Real Estate on the launch of its new investment vehicle, with the off-market acquisition of a portfolio of 26 logistics assets in France, totaling approximately 100,000 sq.m. fully leased to private and public players. For this vehicle, ICG Real Estate aims to build a portfolio with a gross asset value in excess of €500 million, through the acquisition or development of urban logistics and business properties in the Greater Paris area and
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
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
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
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
Fairway advised Brookfield and Grand M Group on the financing with Crédit Agricole of the acquisition of a portfolio of five student residences in France (Dijon, Rouen, Saint-Etienne and the Paris region) to be operated by UXCO Group (an operator majority owned by Brookfield's private real estate funds). The five assets represent a total of approximately 1,000 additional beds and will be built by five developers, including one by Océanis Promotion, UXCO Group's sister development
Fairway advised JCDecaux Holding in the context of its capital partnership with the real estate company LFPI and the developer Les Nouveaux Constructeurs for the acquisition in future state of completion of Konnexion, a 7,200 sq.m. office and retail building located in Ivry-sur-Seine and scheduled to be delivered in the first half of 2024. "This transaction is fully in line with JCDecaux Holding's value creation strategy, with a serviced building located in a town bordering
Fairway's corporate, real estate and tax departments have advised the LES ETINCELLES group in the context of the signature of an agreement for the acquisition of the entire share capital of the LODGE & SPA Collection company, as well as the business and real estate assets from the Chalet des Neiges Group. The closing of the transaction is expected at the end of the winter season. This transaction concerns first class assets in Val Thorens,
Fairway advised Primonial REIM on the transactional and financing aspects of the acquisition of a portfolio of 33 residential facilities for the dependent elderly (EHPAD) located in France on behalf of its SCPI Primovie. The portfolio has a total surface area of nearly 113,000 sq.m. and represents a capacity of more than 2,400 beds and more than 130 apartments in serviced residences for seniors. All 33 nursing homes are fully leased to the COLISÉE Group
Fairway advised Stam Europe in the setting up of a financing with LCL bank in the context of the acquisition of a logistics portfolio in partnership with a North American institutional investor. The purpose of the financing, a master facility agreement, is to refinance the acquisition of existing assets and to finance assets under development. The Highlands II fund has already completed six transactions for a total asset value of approximately €90 million and says