Gecina continues its capital rotation strategy with the signing of a promise to sell a 15,000 sq.m office building located in the Gare de Lyon district, one of Paris’s best-connected hubs.
Fully let, recently refurbished and certified HQE and BREEAM Excellent, the asset combines an attractive yield, solid fundamentals, and no short- or medium-term CAPEX requirements.
This €135 million transaction reflects Gecina’s disciplined investment approach: reallocating proceeds from mature asset disposals towards higher-yield office buildings in the heart of Paris.
Our team — Damien Grosse, Vincent Guinot, Nicolas Jüllich, Alexis Le Liepvre, David Sorel 🟠 (partners), Anne-Sophie Da Silva (counsel), Félix Avenel, Christophe-Marc Dablon, Christian N’da, Géraud de Puget, Sarah Chemouny 🎗️, Cyprien de Scorbiac and Wladimir Sorba (associates) — is very proud and pleased to have advised Gecina on this outstanding transaction, alongside the teams at Wargny Katz.
We sincerely thank Gecina for their trust.
Our Mergers & Acquisitions team assists its clients, large groups, institutional investors and investment funds, in all their strategic transactions.