About
Nicolas Paillot de Montabert is a Partner at Accuracy in Paris, where he leads the Real Estate and Hospitality practices.
Over the past 20 years, he has built extensive experience in providing financial and strategic advisory services to real estate and hospitality clients across Europe.
Nicolas has led numerous high-profile financial and strategic engagements for leading real estate market participants, including property companies such as Unibail-Rodamco-Westfield and Apsys, institutional investors including BNP Paribas Immobilier, KKR and Ivanhoé Cambridge, developers such as Altarea and Icade, and corporates including Clariane and Essendi.
He has also advised L’Oréal’s Real Estate Department on the definition of its core operating processes and supported Kering in recent real estate acquisitions and disposals.
In addition, Nicolas contributes to Accuracy’s growth and development in Morocco.
Nicolas speaks French and English and is a graduate of ESSEC Business School.
Qualifications
- ESSEC (2000)
In-depth expertise
Nicolas has more than 20 years of experience advising leading real estate investors, listed property companies, asset managers and developers on complex transactions and strategic situations in France and across Europe.
He advises clients throughout the transaction lifecycle, on both asset and share deals, combining in-depth sector knowledge with financial analysis. His experience includes buy-side and sell-side due diligence, business plan assessment, transaction structuring, purchase price mechanisms and complex financial modelling.
Nicolas has worked on a broad range of transactions, from single assets and large portfolios to corporate acquisitions and public M&A situations. He regularly assists clients in assessing the key drivers of value and returns, including operating performance, financing, development assumptions, synergies, capital structure and exit scenarios.
Beyond transactions, Nicolas advises real estate companies and investors on strategic and complex financial situations, including restructuring matters. His experience spans property companies, investment funds and developers across several real estate segments, including commercial and residential real estate and hospitality.
Nicolas also contributes to Accuracy’s real estate thought leadership, analysing how macroeconomic developments, financing conditions and structural changes in the sector affect asset values, investment strategies and financial performance.
Example of engagements
- Vendor due-diligences on the asset disposals by a large commercial real estate company.
- Vendor due-diligences on a shopping mall portfolio sold to a French real estate investment company.
- Vendor due-diligences on a shopping mall portfolio sold to a Dutch real estate investment company.
- Vendor due-diligences on the disposal of 127 retail galleries to a French real estate investment company for assets in France, Spain and Italy.
- Buy-side assistance to a French real estate investment trust in its proposed public offer to acquire a majority stake in a Dutch real estate company (pan-European asset portfolio).
- Buy-side assistance to a French real estate investment company on the contemplated acquisition of an asset portfolio in France and Belgium.
- Buy-side assistance to a French real estate investment company on the contemplated acquisition of the commercial areas in the major Italian railway stations.
- Buy-side assistance to a French real estate investment company on a shopping centre acquisition in Nice (France).
- Buy-side assistance to large commercial real estate company on the acquisition of a majority stake in a high end development.
- Buy-side and modelling assistance to a French real estate investment company in its acquisitions of multiple real estate developers
- Buy-side due diligence on behalf of a French real estate investment company
- Buy-side assistance to an American real estate company and a global investment fund on real estate for its office portfolio