Les Essentielles

Overview

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

Most recent transactions

Overschiestraat, Amsterdam

Netherlands