17 November 2016, France | Corporate Finance | News
The WALK building was sold to SOFIDY by JEAN JAURES DEVELOPPEMENT, whose main shareholder is EMERIGE Group.
The acquisition of this property by the real estate fund management company SOFIDY was carried out on behalf of its SCPI EFIMMO I, one of the largest SCPIs of offices in France with more than 910 million euros of assets under management.
WALK is one of the three buildings located on the Equilibre campus near the A86 motorway. It is an independent building, flexible and easily divisible, with a total useful area of 6,194 sqm.
It is 100% leased to four tenants who have set up their headquarters (TETRA PAK, ARELIS BROADCAST, TEKSIAL and SCHOTT), a rental situation secured by leases with a firm duration of at least 6 years.
The office building is accessible to all categories of PMR and its capacity is 500 people.
It offers technical services in line with user requests and is part of a dynamic tertiary environment, attracting many companies looking for proximity to the Western CBD and La Defense such as ALCATEL LUCENT, PEPSICO, COLGATE PALMOLIVE or SHELL.
The Campus Equilibre also welcomes a creation by Yazid Oulab, Monolithe, a sculpture in mirror-finish and brushed stainless steel.This acquisition is part of the program "1 building, 1 work" of which Emerige is one of the first signatories.
Convinced that art and culture promote exchanges and improve the quality of life of inhabitants, employees or simple users, the Emerige Group, under the aegis of the Ministry of Culture and Communication, has undertaken to order or acquire a piece of art from an artist for any building program to be constructed or renovated.
The transaction was carried out by CATELLA PROPERTY under an exclusive sales mandate.
The seller was also advised by the Notarial Study Begon Herbert Bougeard Brulon Bonneau and Auger (Mr. Jean-Pierre Brulon).
The buyer was advised by the Notarial Study 1768 Notaries (Mr. Olivier Duparc).