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Immobilière Dassault acquires CPPJ

CMS Francis Lefebvre Avocats advises the acquirer


CMS Francis Lefebvre Avocats advised Immobilière Dassault regarding the acquisition of 13,000 m² at Passage Jouffroy in the 9th arrondissement of Paris and a portfolio of Parisian buildings and stores. This portfolio belongs to the CPPJ real estate company and was sold by the real estate investment fund (“OPCI”) Capital Pierre Diversifié, managed by Weinberg Capital Partners. OSAE Partners has been entrusted with the promotion and development of these real estate holdings for the next five years.

Immobilière Dassault, a subsidiary of Groupe Dassault, has adopted a policy to selectively acquire “prime” assets with strong value creation potential over the long term. The real estate company is listed (Euronext Paris-NYSE Euronext) and benefits from the tax regime applicable to listed real estate investment companies (“SIIC”).

CMS Francis Lefebvre Avocats advised Immobilière Dassault with regard to due diligence on tax matters. The team was composed of Frédéric Gerner, partner, Muriel Lautré-Goasguen, counsel, and Mathieu Fermine, associate.

Our law firm worked in close collaboration with the notarial network Groupe Monassier. Their team was composed of Sylvie Carpentier, Sylvie Burthe-Mique and Guillaume Palais.

CPPF, the vendor, was advised by Isabelle Rivière and Erwan de Kergariou, associates, of the ARES Avocats firm. 

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