LPA-CGR avocats advise the Madeleine Fund in the acquisition of an office complex
François-Régis Fabre-FalretDiane Forestier AssociateParis
LPA-CGR avocats advise the Madeleine Fund in the acquisition of an office complex located in the immediate proximity of Paris (France)
Paris, November 15th 2018
LPA-CGR avocats acted as counsel to the Madeleine Fund, a commercial real estate fund managed by Stam, in connection with the acquisition from AEW of an office complex located in Montrouge, just outside the 14th arrondissement of Paris.
Completed in 1996 and renovated in 2014, this eight-story building has a usable surface area of 10,123 m2. It is 70% leased to two tenants, including Brink’s, securing 50% of the income under a 12-year fixed term lease.
The seller was advised by the notary office Prud’homme & Baum.