What are the most significant cases or transactions that your legal team has recently been involved in?

Telamon is a leading independent developer and investor. As such, the company develops and realises commercial and residential estate projects. As an accredited portfolio management company, we also act as an investor on our own behalf and on behalf of third parties. Through our various businesses, we operate in logistics and business parks, housing, offices, retail and hotels.

In 2022, we launched Nao Logistics, our own thematic, open-ended and discretionary fund dedicated to logistics, business parks and industrial premises. In the same year, we became a producer of renewable energies, developing and operating photovoltaic plants on the roofs of our logistics projects. For us, this is a coherent response to the issues facing the world today.

The legal department is involved in all the group’s business lines. At the beginning of 2023, for example, we handed over a 93,500 m² logistics platform to Deka Immobilien, which is fully leased to Groupe SeD, a transport and logistics company. The building is equipped with one of the largest photovoltaic power plants in France. With 32,000m² of solar panels on the roof and a capacity of 6 MWp, the platform produces the equivalent of the annual electricity needs of 1,400 French households. The legal department was involved in the real estate structuring (town planning), negotiation of the deed of sale and commercial lease, setting up the photovoltaic power plant, etc.

What technological advancements do you feel will impact the role of in-house legal teams in the future the most? Which have you found most useful in your legal team?

Artificial intelligence will inevitably be the working partner of legal departments in the years to come. This will enable them to become more efficient. The real challenge will be to make information more reliable, to improve efficiency and accuracy. This will enable lawyers to concentrate on supporting operational staff.

As we enter the next decade, what skills will a corporate legal team need to succeed in the modern in-house industry?

Agility will be the lawyer’s main skill, enabling him or her to adapt to market trends, changing regulations and the arrival of new technologies (such as artificial intelligence).