Gide advises Kering for the Landmark €1,3 Bn real estate transaction in Paris

Gide advised Kering on the sale of a 60% majority stake in the JV holding three highly prestigious real estate properties in Paris: Hôtel de Nocé at 26 place Vendôme, 35-37 avenue Montaigne, and 56 avenue Montaigne.

This transaction was realised in accordance with the conditions announced on January 15, 2025, based on a valuation of €1.395 billion.

Gide’s team comprised partners Frédéric Nouel and Jean-Gabriel Flandrois, along with counsels Pierre-Adrien Vibert and Elise Bernard, and Thomas Khelifi, Manon Garoui, and Marion Toualit, on Real Estate and M&A matters; partner Laurent Modave, of counsel Julien Aillet, and Léa Grandfond and Alix Pricot for tax matters; partner Emmanuel Vital-Durand and Caroline Pineau for town planning and public law matters; and for the financing of the joint venture; partner Benjamin Delaunay, and Thomas Le Meur for the regulatory aspects related to the establishment of the OPPCI; partners Laetitia Lemercier and Laurent Vincent, counsel Faten Anis, with Guillaume Pichat and Emilie Radisson.

related practices

• Corporate/M&A
• Tax
• Banking
• Public Law
• Venture Capital