Real estate OPCI and SCPI investment funds managed by Amundi Immobilier and Primonial Real Estate Investment Management set up a joint venture for the off-plan acquisition of the "Tour Hekla" project, developed jointly by groups Hines and AG Real.

Hekla will be a new iconic 48-floor and 76,000 m²-tower, designed by French architect Jean Nouvel. Works will begin in 2018 in the heart of Paris-La Défense, Paris' business district.

Gide's multi-disciplinary team advising the buyer was led by Real Estate Transactions & Financing partner Hugues Moreau, and comprised:

    associates Cléopha Thomann, Sophie Gillard and Clémence Monteil on the project's transactional and real estate aspects;
    partner Laurent Modave with associate Claire Avrin on tax aspects;
    partner Emmanuel Reille with associate Romain Rard on competition law aspects; and
    partner Raphaëlle Dequiré-Portier with associate Adélaïde de Laguiche on intellectual property law aspects.

Primonial REIM was also advised by firms LPA-CGR on negotiating the partnership with Amundi Immobilier, and Aramis on competition law aspects.

The buyer was also represented by notary office Cheuvreux & Associés.