ADVANT Altana advised BNP Paribas REIM France on the sale of the office building at 127 avenue Charles de Gaulle in Neuilly-sur-Seine to the BauMont Real Estate fund.
INTACT recently secured €70m of financing through INTACT Invest, its property subsidiary, alongside the Banque des Territoires and several banks.
INTACT, a start-up specialising in the development of innovative processes for the production of sustainable plant ingredients, has just announced that the Banque des territoires (Caisse des Dépôts et Consignations) has taken a 46% stake in Intact Invest, INTACT's property subsidiary.
Additional financing lines with other banking partners bring the total investment to €70 million, bringing the total amount of capital investment, grants and bank loans secured since launch to €125 million.
To complete this operation, Intact Invest has entrusted ADIM-Vinci with the construction of the buildings required for INTACT's future industrial activities under a Property Development Contract (Contrat de Promotion Immobilière - CPI), and has granted INTACT a lease in future state of completion (BEFA).
Intact Invest also benefited from long-term syndicated financing granted by a pool of partner banks comprising Banque Populaire Val de France, Caisse d'Épargne Loire Centre, BRED, BNP Paribas, Société Générale, Arkéa and La Banque Postale.
ADVANT Altana advised INTACT and Intact Invest on the negotiation and implementation of the property development contract, the lease in future state of completion and the financing of the transaction, and was represented on this project by a multi-disciplinary team comprising :
Louis des Cars, partner, and Lucille Montaut, counsel, on the construction aspects;
Amélie Pinçon, partner, and Sarah Hajam on the rental aspects;
Pierre-Marie Ouchet, partner, with Luis Caetano Macedo and Clarisse Jutteau-Csosz on financing aspects.
