| Location | Levallois, Paris, France |
|---|---|
| Purchase price | €47m |
| Reasons for buying | Long term lease to an established senior living operator. Strong demand for senior living given supply/demand dynamics. |
| Key Features | Forward funding of a 5,944 sq m senior living residence with 110 apartments. Popular urban residential location with excellent connectivity. Non specialist accommodation which can be converted to multifamily if needed. |
| Timing | Under construction with completion in 2021 |