PARIS, Oct. 14, 2015 — King & Spalding advised fund manager STAM Europe on its €164 million sale of the “Printemps” real estate portfolio to affiliates of Northwood Investors.
The portfolio comprises 87,000 square meters of office and industrial-use space in the Paris region and in other parts of France. Stam REI III, an investment fund managed by STAM Europe, is selling the “Printemps” portfolio to Northwood. More information about the transaction, which was announced Oct. 5, can be found here.
The Paris-based King & Spalding team was led by partner Pascal Schmitz with associate Alexandre d’Avout and included partner Aurelia de Viry on tax issues.
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