sbkg & associés advises KANAM GRUND for the acquisition of an emblematic building located in the Opéra district from GCI

sbkg & associés advised KanAm Grund Group in the acquisition of a Haussmann-style real estate complex located at 5 – 7 rue des Italiens, 11 rue Taitbout and 14 – 16 rue du Helder in Paris (9th district) from Générale Continentale Investissements (GCI).

The building is located in the Opéra district of Paris (9th arrondissement) and has 7,687 square metres of floor space. It is the headquarters of Le Monde, the financial arm of the Ministry of Justice and one of WeWork’s Parisian flagships.

Entirely restructured by CGI to enhance outdoor spaces (rooftop and central courtyard) and integrate new services such as meeting rooms, relaxation areas, games rooms and coffee areas, the building also contains 78 parking spaces.

The building is fully leased to WeWork under a 12-year fixed lease.

For this transaction, KanAm Grund Group was advised by:

  • sbkg & associés, whose team was led by Carol SANTONI, partner and Gwénolé MORINEAUX, associate;
  • sbkg & associés, whose team was led by Carol SANTONI, partner and Gwénolé MORINEAUX, associate;
  • And David COLIN of Reed Smith for the tax aspects.

GCI was advised by :

  • The law firm Gide (Eric Martin Impératori, Marie Pastier Mollet and Chloé Charrier);
  • C&C Notaires (Laurent Hosana and Chloé Niedermaier);
  • And the law firm Bryan Cave Leighton Paisner (Olivier Mesmin) for the tax part.

About sbkg & associés: sbkg & associés is a boutique dedicated to the real estate sector offering a complete and high-end expertise to a wide varietý of market playerś through a human-sized, dynamic, available and reactive structure. SBKG & associés intervenes on all classes of real estate assets in investment, financing, tax, asset management, construction-development and litigation-resolution. The firm acts on behalf of French and international players and has developed́ close relationships with leading foreign firms with whom it works on transnational real estate transactions.

For further information, please contact: Carol Santoni, Partner: csantoni@sbkg.eu T +33 (0)1 72 33 43 43


sbkg & associés advises institutional investors, joint ventures and individual investors in acquisition and sale of real estate and hotels assets, whatever the nature of the operation including the sale of single assets, portfolios, existing buildings, off-plan developments, asset or share deal. The firm’s scope covers all asset classes including housing, offices, retail, warehousing, hotels, rehabilitation clinics, senior homes, and data centers.


sbkg & associés acts as counsel for lenders and borrowers in the setting up of real estate financing.

Asset management

sbkg & associés capitalizes on its expertise in the drawing up and negotiation of sophisticated leases, management agreements and hotel operation contracts to help clients make the most of their asset portfolios.

Development, Construction

sbkg & associés advises and assists clients during construction, development and refurbishment projects of all real estate asset classes.

Dispute resolution and litigation

sbkg & associés advises clients in dealing with real estate disputes and litigation.


sbkg & associés advises institutional investors, groups and listed companies, real estate developers and dealers regarding the acquisition and holding strategy of all kind of real estate assets (offices, retails, logistics, residential, hotels and leisure, health establishments). SBKG advises notably its clients in the tax structuring of their investments on all kind of operations (single asset, portfolio, share deals or asset deals).