Gide advised BlackRock Real Assets on the acquisition of 9/11 Villars, in the heart of Paris’ 7th arrondissement (district), from the family investment holding company EXIMIUM for its Core real estate fund, BlackRock Eurozone Core Property Fund, which also holds a diversified portfolio in Germany, the Netherlands and Finland.
This asset, steeped in history and fully and recently restructured and labelled, benefits from a prime location in one of the most sought-after neighborhoods in Paris. It comprises two adjacent buildings and is fully leased to the Franco-American school The Lennen Bilingual School, historically located in the 7th arrondissement.
The Gide team was comprised of partner Laurent Modave, counsel Alexandre Bochu, associates Julien Aillet and Alan Sournac, for structuring and tax law aspects, and partner Stephane Puel, and Perrine Soupault, associate, for regulatory and structuring aspects of the investment fund.
BlackRock Real Assets was also advised by De Pardieu Brocas Maffei, on real estate law aspects, as well as by the notary firm C&C and Theop on technical and environmental aspects.
Eximium was advised by the notary office Barnasson and Alex Bolton.