Gide, counsel to Hammerson on the sale of the Saint-Sébastien shopping centre in Nancy for €162 million
7 December 2017
Deals | France | Real Estate Transactions & Financing
Gide advised Hammerson on the sale of the Saint-Sébastien shopping centre in Nancy to AEW Ciloger, on behalf of SCPIs Laffite Pierre and Actipierre Europe, for approximately 162 million euros. Located in the heart of the city, the centre covers 24,000 sq.m. and is host to 105 outlets, including Monoprix, Intersport, C&A and Sephora. Hammerson is the 75% owner of the complex.
Gide's team on this transaction comprised partner Christopher Szostak, counsel Constantin Miliotis, and associate Bertrand Garrandaux, all from the firm's Real Estate Transactions & Financing practice group. Etude Wargny Katz also acted on the transaction.
AEW Ciloger was advised by Clifford Chance and Etude Cheuvreux.