# C_2006157EN.01000201.xml

| 6.7.2006 | EN | Official Journal of the European Union | C 157/2 |
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6.7.2006

EN

Official Journal of the European Union

C 157/2

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Prior notification of a concentration

(Case COMP/M.4277 — AXA REIM/AREA/RDC/NEWCO)

Candidate case for simplified procedure

(2006/C 157/02)

(Text with EEA relevance)

| 1. | On 26 June 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings AFET Poland SA (‘AFET’, Luxembourg) controlled by AXA Real Estate Investment Managers France (‘AXA REIM’, France), belonging to the AXA Group, and Apollo Real Estate Advisors (‘AREA’, US) and Rida Development Corporation (‘RDC’, US) via its joint venture Apollo-Rida Retail Centers sàrl (‘A-RRC’, Luxembourg) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of New Co 2 (‘New Co 2’, Luxembourg) by way of purchase of shares in a newly created company constituting a joint venture. |
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1.

On 26 June 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings AFET Poland SA (‘AFET’, Luxembourg) controlled by AXA Real Estate Investment Managers France (‘AXA REIM’, France), belonging to the AXA Group, and Apollo Real Estate Advisors (‘AREA’, US) and Rida Development Corporation (‘RDC’, US) via its joint venture Apollo-Rida Retail Centers sàrl (‘A-RRC’, Luxembourg) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of New Co 2 (‘New Co 2’, Luxembourg) by way of purchase of shares in a newly created company constituting a joint venture.

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| 2. | The business activities of the undertakings concerned are:






  — | for AXA REIM: financial protection by offering insurance and related financial services, |
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2.

The business activities of the undertakings concerned are:

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for AXA REIM: financial protection by offering insurance and related financial services,

| — | for AREA: management of real estate investment funds, |
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for AREA: management of real estate investment funds,

| — | for RDC: development, construction and management of commercial property in Europe and the United States, |
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for RDC: development, construction and management of commercial property in Europe and the United States,

| — | for New Co 2: ownership and operation a portfolio of commercial retail properties in Poland. |
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for New Co 2: ownership and operation a portfolio of commercial retail properties in Poland.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4277 — AXA REIM/AREA/RDC/NEWCO, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4277 — AXA REIM/AREA/RDC/NEWCO, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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(1)  OJ L 24, 29.1.2004, p. 1.

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(2)  OJ C 56, 5.3.2005, p. 32.

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