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LPA-CGR avocats assists Primonial REIM on the acquisition of “IN&OUT” from SFL

LPA-CGR avocats advised French real estate fund manager Primonial REIM on the acquisition of the « IN&OUT » office building, in the western Paris suburb, from SFL, French subsidiary of Spanish COLONIAL (COL.MC), for a net sale price of €445 million (including transfer costs).

In&Out currently hosts the head office of the Organization for the Cooperation and the Economic development (OECD), under a lease expiring in 2027. Located in Boulogne-Billancourt (Paris), the building develops a surface of 35,000 sqm, equipped with the most advanced services and the maximum environmental sustainability certifications.

LPA-CGR avocats assisted Primonial REIM, with a team led by François-Régis Fabre-Falret (Partner), and composed by Alexae Fournier-de Faÿ, Chloé Thiéblemont (Real Estate Finance) and Sandra Fernandes (Tax). Primonial REIM was also assisted by the notarial office Wargny Katz.

SFL was advised by JLL and the notarial office Oudot.

Advising the banks were the law firm Archers and the notarial office Rochelois.

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