17 December 2018
Deals | France | Real Estate Transactions & Financing
Atream, a portfolio management company that specialises in the creation and management of property funds, has sold real estate complex "Thiers Lafayette" as a share deal to AEW Ciloger, acting on behalf of real estate investment vehicle Immo Diversification.
This building, for use primarily as offices, is located within Lyon's Part-Dieu central district. Delivered in 2002 by Sogelym Steiner, the asset covers 13,800 sq.m. over seven floors and is certified "HQE Exploitation". The building is fully leased to four premier tenants.
The team advising Atream on the legal aspects of this transaction comprised partner Hugues Moreau with associates Sophie Gillard and Capucine Pélissié, all members of Gide's Real Estate Transactions & Financing practice group.
Tax aspects were handled by firm Kramer Levin.
The buyer was advised by a legal and tax team of Clifford Chance.