Watson Farley & Williams (“WFW”) advised Banque Palatine on arranging a €50m revolving credit facility granted to SCPI (Civil Property Placement Company) Affinités Pierre (“SCPI Affinités Pierre”), a real estate investment company managed by Groupama Gan REIM.
The loan will enable SCPI Affinités Pierre to secure short and medium-term cash needs and to control its capital deployment, in order to take advantage of new investment opportunities.
SCPI Affinités Pierre is a portfolio management company that specifically targets investors focussed on corporate real estate. Its parent company Groupama Gan REIM structures, develops and manages estate investment funds more generally.
The WFW Paris Finance team that advised Banque Palatine was led by Partner Laurence Martinez-Bellet, supported by Senior Associate Julie-Anne Thiebaut and Associate Julie Michelangeli.
