Swiss Life Asset Managers €1.7 billion acquisition of 72% of Terreïs' assets

18/2/2019
Private acquisition, Asset acquisition

€ 1.7 billion

$ 1.924 billion

Announced

18/2/2019


Overview:

  • Swiss Life Asset Managers acquired 72% of the assets of Terreïs, a real estate investment trust, for €1.7 billion.
  • The acquisition includes a portfolio of 28 offices in prime locations in Paris.

Jurisdictions:

France
Switzerland

Deal types:

Private acquisition
Asset acquisition

Practice areas:

Private equity
M&A

Governing law:

France

Industry sector:

Real estate


Firms:

Party: Stallergenes Greer (Seller)


Party: Swiss Life Asset Managers (Acquirer)