Korian Demonstrates the Relevance of its Asset Smart Strategy through a Partnership with BNP Paribas Cardif and EDF Invest

January 4, 2021

AKD Brussels has advised EDF Invest on the Belgian tax aspects of an investment of € 336 million, together with BNP Paribas Cardif, into a real estate vehicle controlled by Korian owning 81 European healthcare assets – including 18 in Belgium – contributed at their appraised value.

Our Brussels Tax team worked hand-in-hand with Jones Day’s Paris, Milan and Frankfurt tax teams on this unique transaction, which closed just before year-end.

Click here for coverage by Bloomberg®.

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