Drivers Jonas France obtains financing for IM Properties

Drivers Jonas France has arranged financing for a UK client, IM Properties, from an unnamed German bank in relation to three office properties in France.

The buildings total around 6.500 m² and were purchased by IM Properties without recourse to finance at the end of 2006 for over EUR 20 mln. hey are located in Rouen and the outer Paris Region.

All the buildings are fully let. Two are let to the SNCF on nine-year fixed leases, and one is let to GDF on a six-year fixed lease.