DLA Piper advises AM alpha on the acquisition of a 1,100 m² office building in the 7th arrondissement of Paris
DLA Piper has advised AM alpha, a global family office specialising in real estate investments, on the acquisition of an office property in the center of Paris.
Acting on behalf of a German pension fund, AM alpha purchased the property from SCI PREMIUM FUNDING, managed by Edmond de Rothschild REIM (France).
The property is located in the 7th arrondissement, the political and cultural heart of Paris, opposite the Louvre Museum, on the left bank of the Seine. The property, which spans 1,100 m² over a basement, ground floor and four upper floors, is fully let to a single tenant.
Originally built in 1869, the Hôtel Particulier features a classical façade in natural stone. The building was completely refurbished in 2016, and all the office floors and communal areas underwent major renovation work. The refurbishment and interior design work carried out by the tenant, who is a designer specialising in, among other things, workspace design, is of the highest quality. The building is also ESG certified and has an excellent “HQE Excellent” rating.
DLA Piper France with :
Fanny Combourieu (partner) and Arthur Escudier (Counsel) on the tax aspects.
DLA Piper Luxembourg with :
Melody Brunot (Counsel) and Clément Bourdon (associate) on the corporate aspects et Jacques Wantz (partner) and Cyril Poels (associate) on the tax aspects.
About AM Alpha :
AM alpha is a Munich based privately owned real estate family office that focuses on global investments in prime real estate on its own account and in collaboration with family offices, private clients and endowments in Europe and Asia. The company is represented in Europe in all major real estate markets with its own offices. Its Asian operations are headquartered in Singapore, with offices in the gateway cities in the Asia Pacific region. AM alpha has also received all necessary licenses from German regulator BaFin acting as a German regulated capital management company (Kapitalverwaltungsgesellschaft – KVG) and Alternative Investment Fund Manager (AIFM). The real estate firm is currently managing a substantial Asia Pacific and European portfolio.