Global law firm Norton Rose Fulbright has advised Tikehau Capital on the acquisition of 26 retail real estate assets from the Casino Group for an amount in excess of €200 million.
The portfolio acquired by Tikehau Capital includes hypermarkets and supermarkets leased to major brands such as Intermarché, Carrefour and Auchan.
Norton Rose Fulbright’s cross-border and cross-practice team advised on all legal and tax aspects of the transaction.
The team was led by Paris-based tax partner Antoine Colonna d’Istria, real estate finance partner Kamel Ben Salah, and real estate partner Jean-Pascal Bus, as well as Luxembourg-based banking and finance partner Stéphane Braun, tax partner Florent Trouiller and corporate partner Geoffroy Hermanns. They were assisted by tax senior associate Mathieu Jung, real estate finance senior associate Marie L’helias, real estate counsel Arnaud Labouré and real estate associates Cathy Morales Frénoy and Lucie Robert. Tikehau was also assisted by the notary firm Allez & Associés.
Bank of America, which financed the transaction, was assisted in France by Gide and notary firm Monassier & Associés, as well as by Arendt in Luxembourg. Casino was assisted by the Wargny Katz notary firm.
