Primonial REIM - PERE / M&A

Clément & Avocats advised Paris-based Primonial REIM, one of Europe’s largest real estate asset managers, on the Luxembourg corporate and finance law aspects in respect of its acquisition of 68 German nursing homes, retirement homes, mixed institutions and rehabilitation centres.

These healthcare institutions, located mainly in Munich, Hamburg and Dresden, represent 8,600 beds.

Following this acquisition, Primonial REIM has EUR 10 billion assets under management.

Christophe Clément (Partner), Theodore J. Fisher (Of Counsel) and Réda Faïd (Associate) worked alongside LPA, Munich and Paris as well as GSK Stockmann + Kollegen for the buyer on due diligence, structuring and re-financing aspects.

Advisors of Primonial REIM:

LPA Munich: Dr. Fabian Tross (Lead), Dr. Bernd Spieth, Oliver Kirfel (Corporate, Tax), Andreas Feuerstein (Finance), Marcel Graf, Victoria Zilliken, Loreen Werner, Katarina Kre-covic, Lara Luxenhofer (Real Estate), Gerhard Köglmeier, Sebastian Schneider (Corporate), Dr. Stefanie Riebel (Public Sector).

LPA Paris: François-Régis Fabre-Falret, Silke Nadolni, Chloé Thieblemont.

GSK Stockmann + Kollegen: Dr. Olaf Schmechel, Dr. Philip Huperz, Christoph Kirsch (Real Estate / Health Care Sector), Dr. Jan Hennig, Dr. Nicola Wiesinger (Public Sector), Wolfgang Jegodka (Antitrust).

Clément & Avocats as to Luxembourg law: Christophe Clément, Theodore J. Fisher, Réda Faïd.