Clifford Chance
Clifford Chance advised Firce Capital on the acquisition of one of Luxembourg's biggest shopping centers
11 March 2020
- Henri d'Ursel , Marc Mehlen , Katia Gauzès , Geoffrey Scardoni , Sébastien Schmitz , Stefanie Ferring , Alma Custovic , Frédérique Davister , Josselin Badoc , Sadan Ramovic , Nina Aymé
- Luxembourg , Brussels
Clifford Chance advised Firce Capital on the acquisition of one of Luxembourg's biggest shopping centers
Clifford Chance advised asset management and real estate investment firm Firce Capital on the acquisition and financing of the Belval Plaza shopping center located in the heart of the Grand Duchy of Luxembourg's industrial heritage and comprising approximately 37,000 m² of commercial space, including major international retailers and local shops, making it one of the largest shopping centers in Luxembourg. Other investors include Savile Capital and Rebus. The acquisition was financed by a consortium of banks led by BIL and by SCOR Investment Partners SE.
The Clifford Chance team was led by Henri d'Ursel (partner) and Sébastien Schmitz (counsel) on the real estate side and by Stefanie Ferring (counsel) and Marc Mehlen (partner) on the financing side. Katia Gauzès (partner) led on the corporate aspects and Geoffrey Scardoni (partner) on the tax aspects of the transaction. They were supported by a team comprising Alma Custovic, Frédérique Davister, Lise Gruber, Josselin Badoc, Nina Aymé, Laurent Dimmer and Sadan Ramovic.
