UGGC Avocats is advising RedTree Capital on the acquisition of the Alpha building in Boulogne-Billancourt
Once this transformation is complete, the property is expected to regain a leading position in the Boulogne-Billancourt office market.
UGGC Avocats advised RedTree Capital on its acquisition from Praemia REIM of the Alpha building, an office complex of approximately 7,600 m² located on Quai du Point-du-Jour in Boulogne-Billancourt.
This new acquisition is fully in line with RedTree Capital’s value-add strategy, which focuses on identifying assets with strong value-creation potential within established commercial real estate markets.
Vacant since the departure of its previous occupant, the Alpha building will undergo an ambitious renovation and repositioning program designed to meet new market standards for workspace quality, environmental performance, and user comfort. Following this transformation, the property is expected to regain a leading position in the Boulogne-Billancourt office market.
This transaction once again demonstrates RedTree Capital’s ability to identify assets with significant appreciation potential and to implement value-creation strategies based on ambitious property transformations and a long-term vision.
UGGC Avocats advised RedTree Capital on all corporate and transactional aspects of the deal, as well as on the structuring of the investment and the implementation of the co-investment made as part of this acquisition.
About RedTree Capital
RedTree Capital is an independent real estate management firm founded by Eric Sasson and Robert Hodges, former executives at Carlyle Real Estate Europe.
The company invests primarily in real estate assets with strong value-creation potential, relying on strategies of repositioning, restructuring, and optimization tailored to changes in European real estate markets.
Tips
UGGC Attorneys
Corporate / M&A
- David Gordon-Krief, Partner
- Camille Hévin, Counsel
- Clara Trouillet, staff member
- Elise Coxe, Contributor
Real Estate
- Sophie Erignac-Godefroy, Partner
Construction
- Julien Mayeras, Partner
Clifford Chance
Tax
- Eric Davoudet
- Elise Poiraud
MenLo:
Attorney for the co-investor (SPIG Alpha – Bred Fund)
- Samuel Schmidt
Notaries Alliance
Notary for the buyer
- Thierry Vachon
- Laurent Landais
Go, Notaries!
Notary for BRED Bank (financing)
- Mathieu Dufossé
- François d’Harcourt
Notaridge Notaries
Seller’s Notary: Eric Gachod
Max Mietkiewicz
+ 33 1 56 69 70 00
m.mietkiewicz@uggc.com