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28 August 2019

Stehlin & Associé advised Daniel Féau Group

Stehlin & Associés advised Daniel Féau Group, specialist of luxury real estate, in connection with the sale of the majority of its share capital to AltaGroupe.

The independent Daniel Féau Group, owner of the Daniel Féau and Belles Demeures de France brands, number one in Paris in the luxury real estate business, will join the AltaGroupe portfolio, the holding company owned by Alain Taravella and his family, who will become its majority shareholder.

Charles-Marie Jottras, president of Daniel Féau Group, and Nicolas Pettex-Muffat its managing director, shall keep a minority stake in the group’s share capital and maintain their current management positions.

This transaction is part of a long-term partnership between AltaGroupe and the shareholder managers of the Daniel Féau Group. The expressed wish of all partners involved is the development pursuite, focused on the deployment of agencies and support, in view of exceptional goods sale, while respecting the Daniel Féau family values.

Luxury real estate in France reached record sales this year. Féau Groupe is mainly located in west Paris and counts one in three sales between 2 and 4 million euros, and more than half of the sales above 4 million euros.

Stehlin & Associés’ team advising Daniel Féau Group on this transaction was led by partners Marc Stehlin, Cyrille Boillot and Anna-Christina Chaves, supported by associates Elodie de Cock and Anne-Laure Dupont-Scherer.