Franklin advises SEGRO FRANCE SA in its acquisition of a minority shareholding into SOFIBUS PATRIMOINE SA
SEGRO plc, a leading owner, manager and developer of modern warehouses and light industrial property, acquired through its subsidiary SEGRO FRANCE SA (“Segro”), on January 16, 2018, 19.39% of the share capital of SOFIBUS PATRIMOINE SA (“Sofibus”) from Harwanne Compagnie de Participations Industrielles et Financières SA (“Harwanne”) for €20.5 million.
Sofibus is a French property company listed on Euronext Paris with a gross asset value of the real estate assets at 30 September 2017 of €190 million. Its largest asset is Le Parc d’Activités des Petits Carreaux, a single industrial estate located approximately 15 kilometers south east of Paris.
Segro was advised on the stock market and corporate aspects by Franklin and notably Mark Richardson and Céline Maironi Persin, partners, Viktoriya Bukina, Of Counsel, and Romain Picard.