UGGC Avocats advised RedTree Capital on its acquisition of 26,000 m2 of “Carré Champerret”

UGGC Avocats has advised RedTree Capital, a real estate investment firm, alongside co-investors, in the structuring of the joint venture for the acquisition of the 26,000 square meter Carré Champerret office complex located in Levallois-Perret.

This investment, for which the UGGC Avocats team is again acting alongside RedTree Capital, is the sixth of the RedTree French Real Estate Fund, a discretionary investment fund closing in January 2020.

The project was financed by Aareal through a Green Loan and SCOR through a mezzanine financing.

The amount of the transaction is confidential.

RedTree Capital was advised by UGGC Avocats on the M&A and transactional aspects of the transaction, with a team composed of David Gordon-Krief, partner, Philippe Hansen, Benoît Marx, Camille Hévin, Paul Grandet and on the real estate aspects, with Sophie Erignac-Godefroy, partner.

Clifford Chance advised on the tax aspects, with a team composed of Eric Davoudet, partner, and Alexios Theologitis.

Archers advised on the financing aspects, with a team composed of Paul-Henri de Cabissole, partner, and François Poirier and Lisa Ould Issa

Aareal was advised by the law firm De Pardieu Brocas Maffei, with Maitre Pierre Gebarowski and his team, as well as by Maitre Etienne Pichat from the notary office Allez.

The co-investors were advised by the firms Simmons & Simmons (Germany) and Meitar (Israel).

The firm Alliance Notaires – Meudon acted alongside the purchasers, with a team composed of Thierry Vachon and Laurent Landais.

Me Nicolas Masseline of the notary office Wargny Katz has intervened with the sellers.

David Franco of Fairway and his team structured the mezzanine debt.