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K&S hires seven for real estate in Paris
02 May 2012
King & Spalding
has built on its arbitration beginnings in Paris to move into real estate with the recruitment of a team of seven from
Freshfields
. It is the firm's first significant hire in France since it established in 2009.
The team is led by
Benoît Marcilhacy
, who was partner at Freshfields and head of the Paris real estate group, and partner
Pascal Schmitz
, and includes counsel
Alexandre Couturier
and associates
Cyrille Gogny-Goubert
,
Blandine Hugon-Pages
,
Samuel Kujas
and
Aurélien Néret-Minet
.
The group's two partners focus on acquisitions and sales of structured property portfolios, sales and leasebacks, real estate funds, M&A, joint ventures and asset sales, among other things. Although real estate is a new area for K&S in Paris, at a global level the group will be integrated into a 70 strong capital transactions and real estate team based in the US, Middle East, Germany and Russia.
Marcilhacy said: "King & Spalding has a first-class real estate group serving clients internationally [...] Our entire team is excited to be part of a firm that is so highly regarded for its spirit of collaboration, commitment to client service and global real estate platform.
The move increases the US firm's presence in Europe and comes barely a year after it launched an office in Moscow with hires from White & Case and Hogan Lovells to focus on energy matters (
see here
).