 |
Anne Kuhanathan
|
Paris, France. Feb. 8, 2024
-- De Gaulle Fleurance assisted the Banque des Territoires in its
acquisition of a 45% shareholding in the SCI Les Docks de Saint-Ouen alongside
FREY, a real estate company specialising in property investment and the
development of shopping parks and centres in Europe.
FREY
retains a majority stake and will continue to manage this retail complex.
 |
Muriel Guillin-Modaine
|
In
connection with this acquisition, the SCI Les Docks de Saint-Ouen arranged a
€45m mortgage debt with a banking pool comprising Banque Postale and Arkéa
Banque.
 |
| Sofian Meghoufel |
Located
in Saint-Ouen-sur-Seine (93), in the new mixed-use district known as "Les
Docks", the project is a major urban development: 24,000 sq. meters in
total, linked to the centre of Paris by the metro extension of line 14
and situated at the heart of an eco-district with 15,000 inhabitants and
30,000 employees.
The district will eventually include a 12,000
sq. meters market hall; 8 snack kiosks; 4 restaurants; a microbrewery; a
cocktail bar; an estaminet; 4,000 sq. meters of office space; a production/radio
studio; a shared kitchen; an incubator; a conference room; an immersive space
and a 250-seat events hall; and a 12,000 sq. meters shopping street, the first
phase of which has already been leased to major national retailers, healthcare
providers and local shops and services.
 |
| Brice Mathieu |
The Banque des Territoires was advised by De
Gaulle Fleurance on the audit and contractual documentation relating to this
investment:
- on the
corporate aspects: Brice
Mathieu, senior counsel and Anne Kuhanathan, senior associate.
- on the
real estate law aspects: Muriel
Guillin-Modaine, associate and Sofian Meghoufel, lawyer.
Rochebois
Notaires also assisted the Banque des Territoires.
FREY was advised by Lacourte Raquin Tatar and Cheuvreux.
"We
are delighted to have supported the Banque des Territoires in this major
property development, which is set to give a major boost to the Docks district,"
explains Muriel Guillin-Modaine, a partner at De Gaulle Fleurance.
 |
| Docks de Saint-Ouen, near Paris, France |
About
De
Gaulle Fleurance Avocats Notaires is an integrated group of lawyers and
notaries. It supports its customers in France and abroad with:
● 200
people at the service of customers and a relationship
built on high standards, responsiveness and
creativity.
● A
full-service practice in all segments of business and notarial law;
●
Expertise recognized by the market (Chambers, The Legal 500, Best Lawyers and
Leaders League);
● A
presence in Paris, Brussels, Geneva and Abu Dhabi;
● 20
languages spoken and as many cultures represented;
● A
network of correspondents, selected for the quality of their services, on every continent.
Contacts:
Constance Baudry,
+33 (0)6 82 43 69 62, constance.baudry@agence-constance.fr
Sarah Maouchi,
+33 (0)7 57 76 83 97, sarah.maouchi@agence-constance
