Franck Peter

Partner, Paris

Biography

“He is reactive, with an excellent knowledge of the area” (Chambers Europe 2017)

Overview

Franck Peter advises both French and international clients on all matters relating to construction and real estate law. His clients include construction companies, real estate developers, private and institutional investors, investment funds and corporate clients. Over a number of years,

Franck has built up substantial experience and knowledge across the different domains of real estate law, in areas which are often highly specialized.

Franck frequently advises clients on development transactions and the transfer of different types of property assets. These include offices, hotels and resorts, shopping centers, industrial premises and residential properties. Frank has recently participated in the structuring and the implementation of several major French and European transactions involving the transfer and outsourcing of property assets.

He is regularly called upon to act for clients at different stages of property-related transactions. His experience extends to the acquisition of land and buildings, the development and construction of all types of real estate projects and the leasing and disposal of real estate assets

Bars and Courts
Paris Bar
Education
DEA
Business Law
Université Paris X-Nanterre
MA
Business Law
Université de Paris I Pantheon Sorbonne
Languages
English
French

Experience

Vinci Immobilier (2019)
Advised Vinci Immobilier, a real estate developer specializing in residential and commercial real estate, for « To Lyon project » in connection with the construction of an outstanding 80,000 sqm real estate program of commercial premises, services and hospitality in the heart of Lyon metropole.

Caisse des dépôts and CDC Investissement Immobilier (2019)
Advised Caisse des dépôts and CDC Investissement Immobilier in connection wih the sale of a real estate complex under construction in Issy-les-Moulineaux to CNP Assurances which undertakes to transfer its head office.

GIC (2019)
Advised GIC, a global long-term investor with well over US$100 billion in assets in over 40 countries worldwide, in connection with:

  • the structuring of its investment in free market residential properties;
  • its investment of up to 80 million euro into a fund FLI 2 which is structured as a regulated French investment vehicle (SPPICAV) managed by Caisse des Dépôts Habitat.
  • the acquisition of a "OPCI" company, owner of Tower PB6, in La Défense.

Kering (2019)
Advised Kering in connection with the negotiation of a JV agreement to be entered into with Natixis, as part of the acquisition of a building in Tokyo.

York Capital Management (2019)
Advised York Capital Management in connection with the sale to Blackstone of a portfolio of 15 real estate properties worth 130 million euro.

Société Générale Insurance (2018)
Advised Société Générale Insurance (formerly Sogecap) on the acquisition by Sogecap of 100% of the OPCI Altafund, which holds office premises of 27,000m2 of floor space in Neuilly-sur-Seine. Winner of the MIPIM Awards 2019 "Best Refurbished Building" category.

Immo Invest sale of Apple building for €600 million (2018)
Represented Immo Invest, EPI Group, in the sale of the Apple building, 114 Champs-Élysées, to Hines France, for €600 million.

Cardif, Diversipierre and Sogecap own account equity investment (2018)
Represented Cardif, Diversipierre and Sogecap, the life insurance companies of BNP Paribas and Société Générale, in relation to their own account equity investment to acquire a portfolio of 6,800+ residential properties located in France.

LaSalle Investment Management €291 million acquisition (2017)
Representing LaSalle Investment Management in connection with the €291 million acquisition of the shopping centre Place des Halles, in Strasbourg.

Ammundi acquisition of Coeur Défense, largest office complex in Europe (2017)
Representation of a consortium of investors led by Amundi Immobilier in connection with the acquisition of the largest European office complex named "Coeur Défense", in La Défense, owned by Lone Star.

CNP Assurances real estate investment fund (2017)
Representation of CNP Assurances, Cardif (BNP Paribas), Malakoff Mederic, Aviva Investors, ERAFP and SMABTP on the setting up of a real estate investment fund.

Amundi Immobilier lease negotiation (2017)
Representation of Amundi Immoblier on the negotiation of a lease to be granted to Naos Group.

AEW €188 million acquisition of Primavera portfolio (2016)
Representation of AEW Europe on the €188 million acquisition of the Primavera portfolio from Grosvenor, of two shopping centres located in Marseille and Châlons-en-Champagne.

Aviva Real Estate Joint-Venture acquisition (2016)
Representation of Aviva Real Estate France (Airef) on a Joint Venture to be formed by Aviva and Assurances du Crédit Mutuel (ACM) to acquire an office building in Rueil-Malmaison.

Cegreal acquisition (2016)
Representation of Cegereal on the acquisition of Campus Hanami in Rueil-Malmaison (30,000 sqm).

SARIHV sale of 100,000 sqm site (2016)
Representation of SARIHV (subsidiary of Caisse des Dépôts) in the sale of the site previously used for the Orange Centre National d'Etude des Télécommunications (CNET) in Issy-les-Moulineaux (100,000 sqm), to Altarea Cogedim which has been named developer/investor for the "Issy Coeur de Ville" city center project.

CDC acquisition of Austerlitz Project (2016)
Representation of Caisse des Dépôts (CDC) on its acquisition of the Austerlitz Project from AltaFund, the office investment fund managed by French REIT Altarea Cogedim. The project, designed by Ateliers 2/3/4/, offers immediate access to Austerlitz train station. The program will be delivered at the end of 2017 by the developer, Altarea Cogedim Entreprise. Located on Avenue Pierre Mendes France, the program boasts unique access to many transport networks while developing 14,500 sqm and 45 parking spaces, including 500 sqm of retail space on the ground floor.

STAM Europe acquisition of 21 real estate assets (2016)
Representation of STAM Europe on the acquisition of 21 real assets owned by Paris Properties and Proudreed.

Office building acquisition (2015)
Advising Crédit Agricole Assurances on the acquisition of an office building owned by Wereldhave.

Acquisition of Alliance Hotel Group (2015)
Representation of LFPI on the acquisition of Alliance Hotel Group from Lone Star. The group includes twelve 3 and 4 star hotelslocated in Greater Paris as well as key regional cities. With these additional 1,913 rooms, the LFPI Group is able to grow its hotel investment portfolio.

Sale of office property in Greater Paris (2015)
Representation of AEW Europe, as asset manager and Curzon Capital as owner in the sale of an office property located in Greater Paris, to a joint-venture including Inovalis Real Estate Investment Trust and the Korean fund IGIS, for an all-in-cost of approximately €90 million.

Sale of 10 shopping malls (2015)
Representation of CBRE on the €1.3 billion sale of ten commercial centers in France and in Belgium, previously owned by CBRE Retail Property Fund France Belgium (RPFFB), to a consortium comprising China Investment Corporation and AEW.

Sale of Paris Arcueil Real Estate Co (2015)
Representation of Marriott International, Inc., the listed US-based company that operates, franchises, and licenses hotels and corporate housing properties worldwide on the sale of Paris Arcueil Real Estate Co SAS, the France-based operator of public hotels and motels (owning a hotel in Arcueil -outskirts of Paris) to Green Spring Group, the France-based investment holding company having interest in companies engaged in operating public hotels and motels.

Sale of Groupe du Louvre and Louvre Hotels Group (2014)
Representation of Starwood Capital Group on a legal vendor due diligence as part of the €1.3 billion sale of Groupe du Louvre and Louvre Hotels Group to Shanghai Jin Jiang International Hotels Development Co., Ltd.

Acquisition of a European Real Estate Developer (2014)
Representation of French private investors in connection with the acquisition of CODIC International owned by Compagnie Du Bois Sauvage SA, Finaxer SA, Rebelco SA, Mobilière et Immobilière Du Centre SA and Espace & Management.

Sale of the SFR headquarters (2014)
Representation of VINCI Immobilier on the construction, the development and the sale of the SFR headquarters. The project, consisting of four buildings, comprises a total area of 133,000 m2 near the Stade de France in Saint-Denis.

Sale of 26 budget hotels (2014)
Representation of Foncière LFPI REIM and LFPI on the sale of 26 hotels to Swiss Life REIM. These hotels are mostly operated by the Louvre Hôtels group, the second largest hotel group in Europe, and the owner of hotel brands such as Campanile, Première Classe and Kyriad.

Set up of real estate investment fund (2014)
Representation of six French institutional investors on the setting up of the most important French real estate investment fund dedicated to residential assets, Fonds de logement intermédiaire (FLI). We represented CNP, Cardif (subsidiary of BNP Paribas), Malakoff Mederic, Aviva Investors, ERAFP and SMABTP.

Awards and Recognition

Ranked by Chambers Europe, 2008–2017
Real Estate France

Leading Lawyer, Legal 500 Europe 2017
Real Estate France