Gide, counsel to Redevco on an acquisition Rue de la Paix in Paris
26 January 2017
Deals | France | Real Estate & Tax
Gide has advised Redevco, a pan-European retail real estate investment manager, on the share deal acquisition of a retail asset in Paris’ luxury retail area (6 rue de la Paix, 2nd arrondissement) from Savills Investment Management.
The 740 sq.m. retail property comprises two units, and is located close to the luxury retail sector of Place Vendôme and the Grands Magasins. A world-renowned jeweller and watch-maker currently occupy the two units.
Gide’s team comprised partner Hugues Moreau and associate Sophie Gillard on transaction aspects, and partner Laurent Modave and associates Alexandre Bochu and Mathieu Echallier on tax aspects.