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Allen & Overy advises H.I.G. Capital on the disposal of Urban Garden to Atream and Principal

Allen & Overy has advised H.I.G. Capital in connection with the sale of the Lyon tertiary asset Urban Garden to Principal Real Estate and Atream for an amount of around EUR150 million.

Located in Gerland (Lyon, 7th arrondissement), the Urban Garden asset is a newly built office complex comprising 5 buildings, encompassing 29,927sqm of space, with Breeam Excellent, Osmoz and BiodiverCity certifications, and fully leased to Engie and Viatris Santé.

The Allen & Overy team in Paris was led by Antoine Chatry (Counsel), with Pierre Soen (Senior Associate) on transactional aspects and with Charles del Valle (Counsel) and Charlotte Signol (Associate) on tax aspects.

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