{"id":39154,"date":"2015-01-06T01:46:27","date_gmt":"2015-01-06T00:46:27","guid":{"rendered":"http:\/\/beta.next-finance.net\/investment-banking\/marches-prives\/kaufman-broad-acquires-concerto-ed-under-a-partnership-with-affine\/"},"modified":"2015-01-06T01:46:27","modified_gmt":"2015-01-06T00:46:27","slug":"kaufman-broad-acquires-concerto-ed-under-a-partnership-with-affine","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/investment-banking\/marches-prives\/kaufman-broad-acquires-concerto-ed-under-a-partnership-with-affine\/","title":{"rendered":"Kaufman &#038; Broad acquires Concerto ED under a partnership with Affine"},"content":{"rendered":"<p>With this acquisition, Kaufman &#038; Broad has extended its commercial property offering, thus reinforcing its<br \/>\npositioning as a high-quality general property developer. Thanks to Concerto&#8217;s expertise and its innovative<br \/>\npositions in delivering tomorrow&#8217;s logistics solutions, Kaufman &#038; Broad will be able to better meet the<br \/>\nexpectations of its operators, local authorities and investors who are looking for new investment opportunities.<\/p>\n<p>Nordine Hachemi, Chairman and CEO of Kaufman &#038; Broad, explains: <em>&#8220;Today, commercial property represents a<br \/>\ngrowth driver for Kaufman &#038; Broad. With this acquisition, we&#8217;ll be able to expand our offering by combining<br \/>\nConcerto&#8217;s know-how in the construction of logistics platforms with our expertise in office design.\u201d<\/em><\/p>\n<p>Concerto European Developer entered the consolidation scope of Affine in 2001 and in the last few years, it has<br \/>\nbecome one of the key players in the development of new generation logistics platforms through turnkey contracts<br \/>\nsigned with leading consignors.<\/p>\n<p>Alain Chaussard, CEO of Affine, declares: <em>&#8220;Through this operation, Affine is confirming the strategy that it adopted<br \/>\nat the beginning of 2010, to simplify and refocus on its office, retail and logistics property business. Thanks to the<br \/>\npartnership with Kaufman &#038; Broad, Affine can benefit from Concerto&#8217;s reinforced growth capacities. &#8220;<\/em><\/p>\n<p>Affine will keep in its portfolio the Sant Feliu site in Catalonia, where two buildings have already been built and<br \/>\nrented, and continue to be an investor in the Parc de l\u2019Aube near Troyes.<\/p>\n<p>Thierry Bruneau, CEO of Concerto adds: <em>&#8220;The expertise and size of Kaufman &#038; Broad will enable us to reinforce<br \/>\nConcerto&#8217;s growth capacities on a dynamic French market that is receptive to the business approach that we&#8217;re<br \/>\ndeveloping.&#8221; <\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>At the end of December, Kaufman &#038; Broad acquired Concerto European Developer, one<br \/>\nof the leading logistics developers in France, from its parent company Affine. Affine will continue to be a partner of<br \/>\nKaufman &#038; Broad in the capacity of minority shareholder for projects developed up until 2018.<\/p>\n","protected":false},"author":20,"featured_media":39152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1601],"tags":[1671,1888,1437,2082],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/39154"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=39154"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/39154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/39152"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=39154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=39154"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=39154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}