Location | Levallois, Paris, France |
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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 |