Gide, counsel to Swiss Life Asset Managers on one of the largest real estate transactions in Paris: the acquisition of 72% of Terreïs' assets
15 February 2019
Deals | France | Real Estate Transactions & Financing
Gide has advised Swiss Life Asset Managers on concluding an agreement for the acquisition from listed property company Terreïs of a portfolio of 28 office assets in prime locations in Paris, for an overall amount of 1.7 billion euros.
Located within Paris' central business district, these Haussmann-style buildings are located primarily in the capital's 1st, 2nd, 8th, 9th and 10th arrondissements, and will be acquired using real estate funds managed by the Swiss Life AM entities in Switzerland, France, Germany and Luxembourg.