BNP Paribas Real Estate Investment Management (REIM) France has acquired an off-plan residential building located 341 boulevard Jean-Jacques BOSC in Bordeaux (33), on behalf of Danish investor PFA Pension.
The asset is a residential building with a total surface area of 3,800 m2 that will be developed by Marignan and delivered during Q3 2024. It will be composed of 55 flats divided between two buildings, with a range of units from studios to 5-room apartments, with balconies and terraces.
Some 45 parking spaces will also be available and three shops located on the ground floor of the building with a surface area of 600 m2 will complete the asset.
The building is ideally located in the rapidly evolving Euratlantique area in the city of Bordeaux, and faces the Brascassat public garden that has a children playground and sports facilities.
In accordance with BNP Paribas REIM’s CSR strategy, the asset is certified NF Habitat Excellent (9 stars), which means it will be exemplary in terms of quality of life, respect of the environment and economic performance.
BNP Paribas REIM France has acquired this asset on behalf of PFA Pension as part of a new separate account targeting residential buildings in the main cities of France. It follows a first acquisition announced in March of an off-plan residential asset in Saint-Cyr-L’Ecole.
'This is the second acquisition made through this mandate and we are very pleased to add a premium asset to this residential portfolio,' said Guillaume Delattre, CIO BNP Paribas REIM France, Belgium, Luxembourg, Spain and Portugal.
'This transaction highlights our ability to deliver custom-made solutions that match our clients’ needs and our commitment to facilitate the access to the living sector. We look forward to keep developing this partnership and close new transactions in the future,' Delattre added.
Thibierge Notaires advised BNP Paribas REIM on notarial matters, Artélia on technical aspects.
Marignan was advised by Meyssan & Associés.
The transaction was carried out by the agency Fifty’s.
