This investment is part of a separate account mandate granted by PFA to La Française Real Estate Managers.
The real estate complex is located in the "Village Delage" in Courbevoie, an EcoDistrict in the process of being redeveloped. By 2030, this new district will be home to a large number of green spaces and housing units as well as offices, shops and community services (school, gymnasium, day-care facility). “Village Delage” is targeting several labels and certifications, in particular: NF Habitat, EcoQuartier, Effinergie + and Biodivercity.
The acquisition covers three residential buildings offering more than 90 housing units (5,800 m2of living space), ranging from studios to five-room flats. The asset benefits from very good accessibility by public transport. In 2030, a new metro line 15 station will open 600 meters from the complex.
Completion is scheduled for the third quarter of 2024.
