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Advising Gecina on the setting up of three new responsible corporate credit lines

Advising Gecina on the setting up of three new responsible corporate credit lines, with financial conditions indexed against CSR performance, underwritten from CA CIB, CA DIF and BECM for a combined amount of €350M.

The three CSR criteria used to determine the interest rate for these facilities are checked each year and focused on reducing greenhouse gas emissions for Gecina’s assets, reducing energy consumption for the Group’s operational offices and improving the certification rate for in-use office spaces.

These new lines, set up with an average maturity of 6.6 years, have enabled Gecina to secure the early refinancing of all the residual bank maturities due within the next two years.

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De Pardieu Brocas Maffei advises the Pierre & Vacances- Center Parc group on the sale of its operating business of Les Senioriales residences

De Pardieu Brocas Maffei has advised the Pierre & Vacances- Center Parc group on the sale of its operating lease business of 29 Senioriales residences to ACAPACE Group, shareholder of the brands [...]