Gide advises DTZ Investors France on the setting-up of a French AIFM
10 March 2017
Deals | France | Banking & Finance
DTZ Investors France, a real estate investment manager that is part of the Cushman & Wakefield group with EUR 3.3 billion of real estate assets under management, was advised by Gide on its successful application for an AIFM licence for its new subsidiary, DTZ Investors REIM.
The new portfolio management company, which obtained its licence as of 23 February 2017 from the French Financial Markets Authority, will mostly manage professional real estate investment funds (organismes professionnels de placements collectifs immobiliers) in France. DTZ Investors REIM targets to manage up to EUR 1 billion of assets by next year.
The Gide team comprised managing partner Stéphane Puel, counsel Guillaume Goffin and associate Clothilde Beau.