Announced
Financials
Sources
Tags
Minority
Pending
Acquisition
France
property development
Private
Real Estate Holding and Development
Private Equity
Synopsis
Eurazeo Patrimoine, Eurazeo’s investment division specializing in real estate and companies operating their own real assets, acquired a 44% stake in Emerige, a major player in real estate development in Paris, from Naxicap for €90m ($100m). Renaud Haberkorn, Managing Partner, Head of Eurazeo Patrimoine, said: “We’re pleased to be able to support Emerige in this very strong growth phase by bringing Eurazeo Patrimoine's expertise to this emblematic developer. With this acquisition of a stake in Emerige, we position ourselves as far upstream as possible in the value creation process."
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.