12 February 2010 - Gide Loyrette Nouel Paris advises Unibail-Rodamco on the acquisition of Simon Ivanhoé:

Several Gide Loyrette Nouel offices (Paris, Warsaw, Moscow, and Istanbul) have advised on the disposal of Simon Ivanhoé's portfolio in Europe by Simon Property Group and Ivanhoé Cambridge to Unibail-Rodamco, the European leader in commercial real estate.

Simon Ivanhoé's portfolio, a European subsidiary of Simon Property Group and Ivanhoé Cambridge, comprises seven shopping centres in France and Poland. This transaction strengthens Unibail-Rodamco's presence in the large shopping centre segment in Europe, with the notable acquisition of the Arkadia development in Warsaw, one of the largest in Europe.

With this operation, Simon Property Group and Ivanhoé Cambridge retain a joint 50% share in Simon Ivanhoé's development projects in the form of a joint venture. The total value of the transaction is set at around EUR 715 million.

Legal counsel to Unibail-Rodamco:
Gide Loyrette Nouel - in Paris (Stanislas Dwernicki, Bertrand Oldra, Frédéric Nouel, Jean-François Levraud, Charlotte Préaux, Elisa Bocianowska and Emmanuel Reille), in Warsaw(Dariusz Tokarczuk, Piotr Sadownik, Blazej Czwarnok, Ioana Knoll-Tudor and Szymon Chwalinski), in Moscow (Axelle Toulemonde) and in Istanbul (Bülent Ozdirekcan).