Gide is retained in a large number of client matters involving the financing and acquisition of real estate asset portfolios (offices, businesses and homes) on behalf of French and foreign investors.
In close association with Gide's real estate transactions and financing specialists, the tax lawyers are involved on a daily basis with the domestic tax aspects (direct taxation, registration duty and VAT) and international tax aspects (tax treaties and agreements and foreign taxation) of real estate transactions and their financing.
Real estate taxation requires a high level of technical skill and specialisation. Gide's lawyers, who handle the French and international tax aspects of transactions at all stages in the real estate cycle, have developed these skills and expertise. They handle the taxation of financing, investments funds, construction project promotion, renovation and ownership, and the taxation of property dealers' and estate agents' transactions.
Advises on a variety of matters, including tax litigation, real estate investments, M&A transactions and capital markets operations. Frequently works on international matters. Clients come from different industry sectors such as financial services, real estate and retail. Draws on expertise from across the firm to provide a holistic service to clients. Clients describe the lawyers as 'responsive, committed and providing high-level strategic tax advice on sophisticated transactions or litigation cases.' Another highlights their 'competence, pragmatism and negotiation ability'.
Chambers Europe 2019
Gide Loyrette Nouel has ‘an extremely responsive, innovative and committed’ team, which ‘provides high-level advice on sophisticated litigation and complex transactions’. The 16-lawyer practice can also rely on 'a good international network and is well connected with industry bodies, as well as governmental and regulatory agencies’. The team notably has ‘deep knowledge of the real estate sector’ and regularly advises on high-profile transactions in that area. It recently assisted Amundi Immobilier and Primonial with the set up of a joint venture for the off-plan acquisition of the Tour Hekla project. The team is also very strong in the banking and financial sector and recently assisted CNP Assurances with the issuance of €500m-worth of Tier 1 notes. Olivier Dauchez ‘demonstrates impressive capabilities to anticipate tax and litigation developments relying upon his broad experience’ and ‘provides strategic assistance with complex situations’. The ‘excellent’ Laurent Modave is ‘solution oriented’ and ‘highly recommended for his real estate fund expertise’. Bertrand Jouanneau is also noted. The arrival of Magali Buchert as partner, previously counsel at Bredin Prat, further strengthens the firm's M&A-related tax capabilities.
Legal 500 EMEA 2019
Esteemed full-service firm, handling complex cross-border transactions and reorganisations for a mix of international and Chinese corporations. Has notable experience in advising PRC corporates on onshore and offshore investment structures as well as tax efficiency issues. Along with handling transfer pricing and general compliance issues, also highly skilled in advising on contentious tax matters. Regularly advises on matters with European or francophone-nation aspects. Clients are pleased with the quality of the team's work and its user-friendly approach. One source says: 'They know how to write documents in an easily understandable way. They understand the Chinese legal environment and make it easily understandable to Westerners.'
Chambers Asia-Pacific 2019
Gide Loyrette Nouel has a long-standing presence in the Chinese tax market where it advises multinationals, and particularly French companies on the tax aspects of a wide range of corporate transactions. Indeed, the China team often acts in conjunction with its colleagues in Paris to advise on outbound investment transactions in Africa, and inbound transactions involving French corporates. In addition to its M&A and investment work, the Beijing-based group has also advised clients including an international pharmaceutical company on the tax issues arising from a group reorganisation.
Legal 500 Asia-Pacific 2019