CNP Assurances’ Acquisition of 7 600 Housing Units from CDC Habitat

Bryan Cave Leighton Paisner (BCLP) advised CDC Habitat on the deal. Clifford Chance and KPMG Avocats advised CNP Assurances.

CDC Habitat has finalized the sale of 85% of a company holding a portfolio of more than 7,600 housing units to CNP Assurances.

CNP’s bid was selected following a competitive process in which some thirty French and foreign investors participated. The CDC Habitat group retains 15% of the capital of the Lamartine company created for this operation and managed by its subsidiary AMPERE Gestion. This operation of 2.4 billion euros, exceptional in its scale, confirms the positioning of the Group as a benchmark player in housing in France and in financial innovation.

The Gide consulting team of CDC Habitat was made up of Thomas Urlacher (Photo), partner, Eya Ennaifer and Lorraine de Groote, associates, on M&A aspects; Hugues Moreau, partner, Sibylle Chomel de Varagnes and Capucine Pélissié, associates, on real estate aspects; Stéphane Puel and Guillaume Goffin, partners, Clothilde Beau and Olivia Le Goff, associates on regulatory aspects; Farah El-Bsat, partner, and Marie L’Helias, associate, on financing aspects.

Brian Cave Leighton Paisner advised CDC Habitat on the tax aspects. The team coordinated by Christine Daric, partner, was made up of Jeanne Gloor, Thomas Poiret and Yecine Nour, associates.

Clifford Chance advised CNP Assurances on the legal aspects of this transaction with a team comprising François Bonteil, partner, David Gérard, counsel, and Xavier Vaury, lawyer.

The KPMG Avocats team included Jean-Etienne Chatelon, Xavier Loran.

Involved fees earner: Christine Daric – Bryan Cave Leighton Paisner; Jeanne Gloor – Bryan Cave Leighton Paisner; Yecine Nour – Bryan Cave Leighton Paisner; Thomas Poiret – Bryan Cave Leighton Paisner; François Bonteil – Clifford Chance; David Gérard – Clifford Chance; Xavier Vaury – Clifford Chance; Clothilde Beau – Gide Loyrette Nouel; Sibylle Chomel de Varagnes – Gide Loyrette Nouel; Lorraine De Groote – Gide Loyrette Nouel; Farah El-Bsat – Gide Loyrette Nouel; Eya Ennaifer – Gide Loyrette Nouel; Guillaume Goffin – Gide Loyrette Nouel; Marie L’Helias – Gide Loyrette Nouel; Olivia Le Goff – Gide Loyrette Nouel; Hugues Moreau – Gide Loyrette Nouel; Capucine Pelissie – Gide Loyrette Nouel; Stéphane Puel – Gide Loyrette Nouel; Thomas Urlacher – Gide Loyrette Nouel; Jean-Etienne Chatelon – KPMG; Xavier Loran – KPMG;

Law Firms: Bryan Cave Leighton Paisner; Clifford Chance; Gide Loyrette Nouel; KPMG;

Clients: CDC Habitat SEM; CNP Assurances;

Naoual Sadouqi

Author: Naoual Sadouqi