Lacourte Raquin Tatar advised Ivanhoé Cambridge SICAV-SIF on the launch of ICAWOOD, a fund managed by ICAMAP dedicated to the development of low-carbon new generation offices in Paris. Ivanhoé Cambridge SICAV-SIF is the reference shareholder of ICAWOOD, which will have 750 million euros in equity with an investment capacity of 1.6 billion euros. ICAWOOD will aim to achieve 200,000 to 300,000 m2 of green offices in Paris by 2028 (Press release).
Lacourte Raquin Tatar advised Catella Residential Investment Management GmbH (CRIM) on the acquisition, on behalf of two residential pan-European German real estate funds, from A Plus Finance a real estate portfolio named « Seniority », composed of six senior housing residences, for an amount of 128M€. (BusinessImmo)
Lacourte Raquin Tatar advised Credit.fr, a subsidiary company of Tikehau Capital, on the acquisitions of 100% of the share capital of Homunity.fr, an internet crowdfunding platform specialized in connecting investors with real-estate developers. (Press release)
Lacourte Raquin Tatar advised VINCI Immobilier on the acquisition of 49.9% of the capital of Urbat Promotion, a first operation that will allow VINCI Immobilier to acquire the entire capital of Urbat Promotion during the 2nd half of 2020 as part of an inseparable operation of its entry into the capital of Urbat Promotion. (Press release)
Lacourte Raquin Tatar advised companies managed by Amundi Immobilier on the acquisition, from Bouygues Immobilier, of 50% of the capital of the owner company of the Green Office © Enjoy building (17.384 m²) located in the Batignolles district, and on its partnership with the “Caisse des Dépôts et Consignations”, which retains its 50% stake in the capital.
Lacourte Raquin Tatar advised a fund managed by J.P. Morgan Asset Management on the disposal of an office building named Village 2 located in La Défense through an share deal. (BusinessImmo)
Lacourte Raquin Tatar advised a fund managed by J.P. Morgan Asset Management on the disposal of an approx. 18,000-sq.m. office building named Le Carat 1 located in Châtillon (92) through a share deal. (BusinessImmo)
Lacourte Raquin Tatar advised Woodeum on the sale of the WoodWork building to Etoile Properties, in partnership with a US investment fund. The project, which will start this month, will be labeled BBCA, certified NF HQE Tertiary Buildings and BREEAM. (Press release)
Lacourte Raquin Tatar advised a fund managed by JP Morgan AM on the acquisition of the Colisée Gardens office building in La Défense from Allianz Real Estate.
Lacourte Raquin Tatar advised Swiss Life Reim France on the financing of a sale & lease back transaction with Vacanceselect for the acquisition of 7 campings operated under the brand Tohapi Privilège and representing about 3,000 campsites. Thoses campings are mainly located on the coastal areas south-west and south of France. They benefit from the quality upgrading strategy implemented by Vacanceselect and a capital expenditures budget has been defined to accompany this quality upgrading strategy and to renovate the camping installations. (Press release)
Lacourte Raquin Tatar advised Ivanhoé Cambridge on the acquisition of Cap Ampère, an office campus of nearly 90,000 sq.m spread over several buildings in the Saint-Denis Pleyel district and sold by AEW on behalf of an institutional investor. (Press release)
Lacourte Raquin Tatar advised Unibail-Rodamco-Westfield on the signature with GIC, the sovereign fund of Singapore, of a sale agreement on the Ariane tower, a multi-tenant office tower of 64,500 m2 floor space, located in the business district of La Défense. The value of this sale agreement is € 464.9 million. (Press release)
Lacourte Raquin Tatar advised Ivanhoe Cambridge on the tax aspects of the sale before completion of “Hub 247″, a 9,000m2 office building located in Nanterre Coeur University and developed by Bouygues Immobilier.
Lacourte Raquin Tatar advised ODDO BHF on their long-term partnership with Natixis regarding equity brokerage and equity capital market (ECM) including (i) the acquisition of Natixis’ equity brokerage and equity research activities in France by ODDO BHF, (ii) the transfer of ODDO BHF’s ECM activity in France to Natixis and (iii) the acquisition of 4.5% of ODDO BHF’s share capital by Natixis. (Press release)
Lacourte Raquin Tatar advised Ceetrus, who has been designated « prospective candidate » at the conclusion of the consultation organized by SNCF Gares & Connexions, for the transformation of the Gare du Nord in the prospect of the 2024 Olympic Games. (Press release)
Lacourte Raquin Tatar advised J.P. Morgan Asset Management on the disposal of an approx. 22,000-sq.m. office building named Metropolitan located in Paris (17th). (BusinessImmo)
Lacourte Raquin Tatar advised Poste Immo on the sale of the real estate complex currently housing the Central Post Office of the 8th arrondissement of Paris. Located 49-51 rue La Boétie, this office building covers an area of 11,000 m2 and will be housing Paris offices of Bank of America. (BusinessImmo)
Lacourte Raquin Tatar advised Tikehau IM on the considered sale to Bouygues Immobilier, laureate of the project “Inventing Greater Paris Metropolis”, in the frame of the redevelopment of the site of Charenton Bercy, of the Escoffier’s warehouses held by a fund managed by Tikehau IM and on the partnership entered into between Bouygues Immobilier and the fund Tikehau Real Estate Opportunity 2018 (TREO 2018) to follow up in the continuity the development of this 360,000 sq.m. project in the framework of the Greater Paris. (Le Figaro – Zone Bourse)
Lacourte Raquin Tatar advised BNP Paribas on the sale of 100% of the share capital of the company owning the « Marché Saint-Honoré » property located in Paris (75001), place du marché Saint-Honoré. This property is developing a surface area of 15,000 sqm for offices use, currently rented to BNP Paribas, and of 1,800 sqm for commercial use.
Lacourte Raquin Tatar advised Groupama Immobilier on the entry into a 12-year firm lease in future state of completion on the whole 5,478 sq. m. building named SoCo located 44-48, rue Saint-Lazare (75009) with FaberNovel, an international group specialised in the advice and creation of digital products and services. (BusinessImmo)
Lacourte Raquin Tatar advised J. P. Morgan Asset Management on tax and structuring aspects of the acquisition of the “Grand Écran” building from AEW (acting for a French institutional investor). This 15,000 sq. m. office building located Place d’Italie (Paris 13th arrondissement) and leased in its entirety to four tenants is part of a larger property complex.
Lacourte Raquin Tatar advised LaSalle Investment Management on the acquisition of an approx. 8,000-sq.m. office building located on Rue Bayard in Paris (8th), currently occupied by RTL. The building will be subject to refurbishment works following RTL’s vacation.
Lacourte Raquin Tatar has accompanied Unibail-Rodamco as lead structuring and tax advisor on its acquisition of Westfield Corporation, creating the world’s premier developer and operator of flagship shopping destinations with €61.1 billion (US$72.2 billion) of Gross Market Value, with the new Group’s stapled securities listed on the Euronext Paris and Amsterdam. (Press release)
Lacourte Raquin Tatar has advised the management of M.C.S. & Associés group, specialist of the acquisition and management of banking receivables, within the scope of the sale of M.C.S. & Associés group by Cerberus investment funds, and their reinvestment along with BC Partners investment funds.
Lacourte Raquin Tatar advised Bpifrance on the 24.5 million euros investment in Paris Inn Group, a specialist in the management of independent 4 and 5-star hotels, including in particular to support it with the expansion of the Maison Albar Hotel brand in France and abroad. (Press release)
Lacourte Raquin Tatar advised AXA Investment Managers – Real Assets for the signature of a lease in future state of completion with WeWork for office spaces (6,000 sq.m.) at 40 Rue du Colisée (75008). The program will be delivered in October 2017.
Lacourte Raquin Tatar advised SPPICAV Lutiq (subsidiary of Ivanhoé Cambridge) in the signing of an equity interest agreement for Nami Investment (subsidiary of Natixis Assurances) to acquire a stake of approximately 50% in the project « Tours DUO » in Paris. Ivanhoé Cambridge is the designer, investor and project owner of the project and continues to provide operational management. (Press release)
Lacourte Raquin Tatar advised Tikehau Capital on the re-engagement of Mr. Bricolage on 23 sites. Tikehau Capital acquired a “Mr. Bricolage” store portfolio in 2014. He signed a new 12-year lease agreement with the 23 sites, which will be renovated to adopt Mr. Bricolage’s new store concept.
Lacourte Paquin Tatar is ranked this year again in the new edition of Best Lawyers thanks to several of its partners’ referencing: Thierry Lacourte (Real Estate / Investment), Jean-Jacques Raquin (Real Estate), Serge Tatar (Mergers & Acquisitions) and Jean-Yves Charriau (Tax / Real Estate).
Lacourte Raquin Tatar advised M.C.S. & Associés for the acquisition of the receivables management and collection activities carried on by Crédit Immobilier de France on its sites in Toulouse and Poitiers. (Press release)
Lacourte Raquin Tatar is adding three new partners, one counsel from the Paris-based practices of Allen & Overy and Gide. The firm has also appointed three of its associates to counsel positions. These recruitments and promotions will further strengthen the firm’s Tax and Real Estate Transactions practices. (Press release)
Lacourte Raquin Tatar advised SFL on the acquisition of the SMA group historical head office located in Paris (75015), 112-122 avenue Emile Zola, developing a surface area of circa 21,000 sqm and valued at EUR 165 millions.
Lacourte Raquin Tatar has advised BNP Paribas Real Estate in the framework of the sale in future state of completion of the future Novartis headquarters to the South Korean investor, Korea Investment & Securities (KIS). Located in Rueil-Malmaison (92), this building represents a surface area of 42,200 sq.m, with an accommodation capacity of 2 800 persons. The building will meet high environmental expectations with the ambition of obtaining the HQE “exceptional” certificate, the BREEAM “excellent” certificate and the Effinergie+ label. Construction of the building began in May 2016 with an expected delivery in December 2018.
Lacourte Raquin Tatar has advised Orange in the context of the merger between its subsidiary Côte d’Ivoire Télécom, a company with public financial participation, main fixed telephony services provider, and its subsidiary Orange Côte d’Ivoire, leading mobile operator in Ivory Coast (press release)
Lacourte Raquin Tatar has advised Vinci Immobilier, developper, for the signature of the final agreements (land lease, development and BEFA) for the construction of an hotel Inside by Meliá in the vicinity of the Paris-Charles de Gaulle airport. The 11 400 m2 hotel will accomodate 267 rooms including 12 suites. Opening is planned 1st Q 2019.
Lacourte Raquin Tatar advised Frey, a listed real estate investment company in compartment B of Euronext Paris, in the framework of the acquisition of 100% of the shares of a SPV owning a retail park developing a GLA surface area of 18,000 sq.m., and valued to EUR 56 millions (taxes excluded).
Lacourte Raquin Tatar has advised the OPCI composed by Swiss Life REIM in the acquisition of nearly 20% of Cargo, new unlisted estate fund dedicated to the Carrefour group’s logistic. (Press release)
Lacourte Raquin Tatar has advised Orange in the context of the acquisition of Maïa and LinkSI, holding companies of Lexsi group, European leader of cybersecurity specialized in Threat Intelligence Services. (Press release)
Lacourte Raquin Tatar has advised Poste Immo for the signature of a lease in future state of completion (BEFA) with AG2R La Mondiale (as landlord) for a lease regarding an office development of 42,000 sq.m. in Paris (future head office of Groupe La Poste).
Lacourte Raquin Tatar has advised Poste Immo for the signature of a lease in future state of completion (BEFA) with Elegancia Hotels, GLT-Kong and Novaxia grouping for a firm duration of 12 years, regarding the project of an hotel, rue du Louvre, Paris (75001). The hotel will accommodate 80 rooms and 2 restaurants, totaling 6,000 sq.m. located on the upper floor of the ‘rue du Louvre’ historical post-office. (32,000 sq.m.). (Press release)
Lacourte Raquin Tatar has advised BNP Paribas Real Estate for the signature of a lease in future state of completion (BEFA) with Novartis Pharma for a firm duration of 12 years, regarding an office development of 43,000 sq.m. in Rueil Malmaison (Paris region), to install the head office of Novartis Pharma. (Press release)
Lacourte Raquin Tatar advised UBS on the Alto Tower real estate project development, for 51.000m² office space in the Paris business district of La Défense and afterwards in relation to the sale of the project company to a subsidiary of Tamweelview European Holdings (100% owned by a sovereign fund). (BusinessImmo)
Lacourte Raquin Tatar has advised Orange in the context of its plan to acquire Millicom’s subsidiary in the Democratic Republic of the Congo, Tigo DRC. (Press release)
Lacourte Raquin Tatar has received two honors during the 16th edition of « Les Trophées du droit » (French Legal Awards Ceremony): the first one for its Real Estate Team in the Transaction and Financing category and the second as « Team to watch » for its M&A team in the Large to Jumbo-Cap category.
Lacourte Raquin Tatar has advised PW Real Assets on the sale of the OPCI indirectly owning “Les Miroirs” office tower located in La Défense, currently leased to Saint-Gobain, to a club deal organized by Primonial Reim and composed of institutional investors. (ImmoWeek)
Lacourte Raquin Tatar advised Amundi Immobilier on the 1.35 billion euros acquisition of the health portfolio of Gecina by a club deal composed of institutional investors including Primonial, a fund managed by Amundi Immobilier, Suravenir and Aviva.
Lacourte Raquin Tatar advised EDF Invest for the entry into an innovative partnership agreement with Eiffage and AG Real Estate aiming at purchasing, renovating and restructuring real estate assets in Paris and the Ile de France Region. (Le Figaro / ImmoWeek / BusinessImmo)
Lacourte Tatar advised Altarea Cogedim in the framework of the acquisition (subject to conditions precedent) of 100% of the shares of Pitch Promotion, being one of the major players within the French real estate development market (with a turnover amounting to EUR 300 millions as at its last financial year). Option Droit & Affaires / LJA
Lacourte Raquin Tatar has advised Orange in the context of the reorganization of the shareholding of SoftAtHome, software company, delivering leading connectivity, as well as pay TV and digital services for operator devices in the home: exit of Sagemcom; entry of Swisscom and recasting of the shareholders’ agreements between Orange, Swisscom and Etisalat. (Press release)
Lacourte Raquin Tatar advised Tikehau Investment Management on the acquisition from Hammerson and the financing, on behalf of OPCI Tikehau Retail Properties II, all of the co-ownership lots in the shopping center Bercy 2 located 4, Place de l’Europe, in Charenton-le-Pont (94). The ensemble, consisting of 70 stores, is developing 35,200 sq. m. (ImmoWeek).
Lacourte Raquin Tatar advised Heineken Entreprise Company for the signature of a promise to sale concerning an industrial land of approximately 4.5 hectares, which corresponds to the old brewery called “Fischer“, at the South entrance of Schiltigheim (67). The reconversion project of the site, which will be carried out by Altarea Cogedim – winner of a private invitation to tender – will create a new surface area of approximately 61,700 sqm (press release).
Lacourte Raquin Tatar advised Technicolor on French law matters with respect to a partnership established with Sony for a joint exploitation of their patents for digital television and their monitors screens (Technicolor)
The book “The real estate mutual funds (OPCI) – Legal regime“, written by Emilie Capron, Partner, published by RB Edition, has just been awarded the prize of the legal book of the banking industry during the 2015 edition of the exhibition “Place au Droit“. The book was competing with five other writings in the bank selection. The award ceremony took place last Friday, September 25 in Nancy, on the occasion of the closing ceremony of the exhibition jointly organized by the Regional Chamber of Notaries of Lorraine, the Bar Council of Lorraine, the French Banking Federation and the Nancy law Faculty.
Lacourte Raquin Tatar had entered seven lawyers at the start of the 8th edition of the race “Les Foulées de l’Immobilier”, organised by the Master 246 Management of the real estate (“Management de l’immobilier”) from Paris Dauphine University. Anne-Laure Gauthier, associate in the Public Law team of the firm won the race! All the members of the firm warmly congratulate her.
On 4 June 2015, during the 15th edition of the Trophées du Droit, Lacourte Raquin Tatar received the Rising Team Award in Urban Planning Law.
In partnership with Dalloz and the “Actualité juridique du droit administratif” (AJDA) law review, Vincent Guinot – public-law partner – in the will take part on 22 June 2015 to a conference on the latest developments of the French urban and commercial planning laws, together with the professor Yves Jégouzo (Professor emeritus at the Sorbonne law school – Université Paris 1 Panthéon-Sorbonne), Philippe Schmit (in charge of the urban planning legal issues at ACDF, Assembly of French Local Authorities) and Bertand Boullé (founding President of Mall & Market – Vice-President of the CNCC, French National Council of Shopping Centres).
Lacourte Raquin Tatar advised Castel Group on the acquisition of 49,9% of the share capital of Sumol+Compal Marcas, which concentrates the operational activity of Sumol+Compal SA in Portugal and operates also as a holding company of the business in Africa and holds stakes in the Sumol+Compal companies operating in Angola and Mozambique. Sumol+Compal SA is the leading company in the fruit juice and soft drink industry in Portugal and is notably distributor of Pepsi-Cola in Portugal.
Lacourte Raquin Tatar advised SNCF on the transformation of Thalys as a fully integrated railway company (negotiations between shareholders and follow up of the transformation of Thalys as a fully integrated railway company) (press release).
Lacourte Raquin Tatar advised Orange on the acquisition of the shareholdings of Thales (22%) and Caisse des Dépôts et Consignations (33%) in Cloudwatt, Orange then holding 100% of the equity of Cloudwatt (press release).
The « 2015 Commented Urban Planning Code » (« Code de l’urbanisme commenté 2015 »), written by Vincent Guinot -public-law partner-, will be published in April 2015 (Editions Berger-Levrault).
Lacourte Raquin Tatar advised SNCF in the context of the reorganization of the shareholder structure of Eurostar, of which SNCF holds 55% of the share capital (negotiation of agreements between shareholders and follow-up of the sale process of the UK Government’s stake) (press release).
Lacourte Raquin Tatar advised Oxford Properties Group, the real estate branch of Omers, pension funds for municipal employees of Ontario, on the acquisition of the office building with an area of over 20,000 sq.m., fully leased to RFF, located 92 avenue of France in the 13th arrondissement in Paris, from a joint venture between GLL Real Estate and Real Estate GmbH Union, funded by CACIB
The book « Les organismes de placement collectif immobilier (OPCI), Régime juridique », written by Emilie Capron, partner in the team real estate, was published on December 31, 2014 (Editions Revue Bank, 177 pages): Revue Banque.
Lacourte Raquin Tatar has advised BNP Paribas Real Estate in the framework of the sale in future state of completion of the building named Ecowest, located in Levallois-Perret, to SCI White River C Levallois. The delivery of the building, representing an office surface area of 58,000 sq.m., is scheduled in April 2017. The building is partially let to L’Oréal over which will occupy a surface area of 39,000 sq.m. (Business Immo).
Lacourte Raquin Tatar advised Viparis in the context of the setting up of a joint venture with GL Events for the operation of Hôtel Salomon de Rothschild (Venues In Paris).
Lacourte Raquin Tatar advised Unibail-Rodamco on the bid Neo 1 for the development of « Mall of Europe » according to which Unibail-Rodamco has been selected by the city of Brussels with its partners Besix and CFE as co-developer of the project (550 M€ investment) (press release).
Lacourte Raquin Tatar advised Proparco, a development finance institution majority-owned by Agence Française de Développement, in the context of its share capital increase in cash of c. 200 M€. (press release).
Lacourte Raquin Tatar advised OPCI Delta Loisirs Evasion (an OPCI managed by BNP Paribas REIM) for the investment exceeding 190 M€ completed, in partnership with Eurosic, Caisse des dépôts et consignations and CNP Assurances, in the leisure equipments of the first tranch of Villages Nature, a real estate developement designed by Euro Disney S.C.A. and Pierre & Vacances-Center Parcs to be delivered in 2016 (press release).
Lacourte Raquin Tatar has advised Altarea Cogedim on the acquisition of a 55% interest in Histoire & Patrimoine (press release).
Lacourte Raquin Tatar advised Vinci Immobilier in the context of the acquisition of a majority stake in Ovelia Group, which develops and operates services residences for seniors in city centers (Vinci Immobilier press release).
Lacourte Raquin Tatar advised Perella Weinberg Real Estate on its acquisition of the real estate complex « Les Miroirs A & B » and the corresponding financing and leasing (press release).
Lacourte Raquin Tatar advised SNCF on the creator of common railway company with SNCB in order to consolidate their interests in Thalys (press release).