Partner Christopher Szostak specialises in real estate matters. He is mainly involved in acquisition and disposal work concerning real estate assets and companies, joint ventures, development projects, leases and financing.
His main clients are listed real estate companies, Middle-Eastern sovereign wealth funds and private equity funds.
Christopher is dual qualified (Solicitor (England and Wales) and Paris bar).
He is regularly listed as a leading lawyer in real estate in legal guides such as Legal 500 and Best Lawyers in France.
Recent work includes advising:
- a sovereign wealth fund on the disposal of 6-8 Haussmann buildings for circa. €470 million (2017);
- Orange on the lease of its new global headquarters (2017);
- Hammerson on the €250 million redevelopment and extension of the "Trois Fontaines" shopping centre project in Cergy-Pontoise (2017);
- Doughty Hanson on the disposal of the Golf Park complex of five office buildings in Toulouse (2017) and on the prior acquisition, financing and development of the project (2009-2016);
- One Third on structuring a co-living project (2016);
- Swiss Life Reim on financing the acquisition of a portfolio of 8 hotels in Germany (2016);
- GLL Real Estate Partners on the acquisition of a logistics facility from Gicram (2016), a lease of a prime Paris CBD building to Parfums Christian Dior (2016), the disposal of a prime Paris CBD office building to CARMF (2016), and the €200 million disposal of a portfolio of 8 logistics assets to AEW through a share deal (2015);
- Rockspring on the acquisition of two logistics portfolios from Foncière des Régions (2016) and CBRE Global Investors (2015);
- Hammerson on the €450 million development of the 45,000 sq.m. sales area "Terrasses du Port" shopping centre project in Marseille (2009-2016);
- Ghelamco on the acquisition of the Pomme de Pin hotel in Courchevel in view of a redevelopment project and assistance with the redevelopment project (2015-2017);
- Captiva Capital Partners and Nexity on the disposal to Weinberg of the Aviso office building in Suresnes (2014);
- Grosvenor on the €300 million acquisition from ANF of 30 mixed-use (retail, office and residential) buildings in the rue de la République area in Lyon (2012).
« The impressive Gide Loyrette Nouel A.A.R.P.I. is ‘among the top law firms in Paris, comes first for large deals’, is ‘very professional, delivers on time, and gives good insights on the market’s latest developments’. The large 49-lawyer team serves many high-profile European listed property companies, French and international investment funds, developers, industrial operators, high end-users and lenders and is consistently involved in the market’s largest investment deals. Highlights included assisting AccorHotels with the spin-off of its business line HotelInvest; Norges Bank Investment Management with the €1bn share-deal acquisition of a real estate complex located at Place Vendome and rue Saint Honoré in Paris, which is the largest ever transaction by value on a single asset in Paris to date; and Union Investment Real Estate with the off-plan acquisition of the "Grand Central" building. The team also assisted Total with the off-plan lease of its new headquarters. The highly recognised Frédéric Nouel, Stanislas Dwernicki, Eric Martin-Impératori and Renault Baguenault de Puchesse head the practice. Other key names in the team include Bertrand Oldra, Christopher Szostak who ‘anticipates clients’ needs and is a very trustful and pro-business adviser that you are glad to have on your side at the negotiating table’, the ‘always available’ Hugues Moreau and Nicolas Planchot. The firm is also second-to none for property finance work. »
Legal 500 EMEA 2018
« Christopher Szostak, who is ‘always available, gives detailed analysis and is able to handle the most complex transactions’ »
Legal 500 EMEA 2017
« Extremely well-regarded practice covering the full spectrum of real estate matters. Lawyers have expertise in construction and finance, as well as in development, commercial leases and litigation. Represents all types of clients including funds, financial institutions and developers. Acts on pan-European and cross-border mandates. Clients find the lawyers to be 'absolutely fantastic' and suggest that they 'work at the speed of light. They all have a way of formulating things very clearly, even for someone who is not a lawyer.' Another interviewee adds: 'The lawyers' strengths are their technical excellence, ability to negotiate, understanding of the issues, responsiveness and organisation.' »
Chambers Europe 2018