German lender Helaba has announced it is financing the development of two buildings in Noisy-le-Grand, near Paris with a loan of EUR 85.6 mln. The project is owned by CB Richard Ellis Strategic Partners Europe Fund III (SPE III), a pan-European fund managed by CBRE Investors.
German lender Helaba has announced it is financing the development of two buildings in Noisy-le-Grand, near Paris with a loan of EUR 85.6 mln. The project is owned by CB Richard Ellis Strategic Partners Europe Fund III (SPE III), a pan-European fund managed by CBRE Investors.
Helaba is acting as sole agent and sole lender through its French branch Helaba Paris.
The properties Neptun and Pluton are two seven-storey green buildings (HQE certified) which will comprise about 30,000 m2 of lettable space and 760 underground parking spaces. The project is currently 56% pre-let to two reputable tenants.
The development is located in the leading business park in the east of greater Paris, which comprises 600,000 m2 of office developments and 2,100 companies.
