TwentyTwo Real Estate has acquired an 80,000m2 logistics hub in Bourges, in the town of La Chapelle Saint Ursin and the village of Morthomiers (Centre-Val de Loire region) from the BEG Group. GreenBerry is centrally located in France, close to several motorways and a railway hub. The site will also be connected to the […]
PWH, a real estate collective investment fund, which owns more than 6,000 housing units through its subsidiary POWERHOUSE HABITAT, a leading residential property company for affordable housing in France, announces that it has just been awarded the Socially Responsible Investment (SRI) label.
POWERHOUSE HABITAT, France’s leading private residential REIT focused on affordable housing for rental, has completed the acquisition of 85% of SCI César IDF a subsidiary of GGF (EDF Group), which retains a 15% stake. SCI César IDF owns a portfolio of 16 residential properties representing 380 homes and more than 31,000 sqm of living area valued at €218 million including transfer tax.
TwentyTwo Real Estate is pleased to announce the acquisition of the Chasse Sud property by an investment vehicle it advises. The property was acquired from Eurocommercial Properties NV for €80 million net to the seller.
POWERHOUSE HABITAT, France’s leading private residential REIT managed by SCAPRIM, signed the acquisition of 31 residential assets from SCPI Domivalor 4, which is managed by IMMOVALOR GESTION. The portfolio, representing 874 homes, is split evenly between the Ile-de-France region and large French regional conurbations, and was acquired for €207.5 million.
After undergoing an ambitious redevelopment program through technical and service-oriented repositioning, The Light House, a 10,600 m² freestanding building located in Nanterre, welcomes Enedis as its first tenant on a surface area of 1,700 m². The long-term lease is subject to the condition precedent of obtaining a building permit for the construction of a utility room for the tenant's small equipment.
In this period of lock down, Scaprim, the French subsidiary of TwentyTwo Real Estate, is pleased to announce the signing of a lease with Hyundai Motor France for nearly 3,000 sqm of office and retail space in the NOVA building located in La Garenne-Colombes.
POWERHOUSE HABITAT, France’s leading private residential REIT, announces the conclusion by its subsidiary S.A.F.R.A.N. of a €560 million 8-year senior mortgage financing arranged and underwritten by BNP Paribas and Natixis.
On June 4th, 2019, the Intercontinental Lyon - Hôtel-Dieu, opened its doors with 13,237 sqm of luxurious space and revealed its 144 rooms as well as its convention center l’Académie by Intercontinental, covering 2,500 sqm. After six years of substantial construction works, this opening completes the 51,500 sqm of the new Grand Hôtel-Dieu, and the InterContinental Lyon – Hôtel-Dieu – 5 stars is its centerpiece.
TwentyTwo Real Estate is pleased to announce that Corelog has sold its portfolio of French logistics assets to GreenOak Real Estate’s European Logistics Fund.