Imocominvest, a French OPCI investment fund managed by Imocom Partners, has acquired five retail assets across France for EUR 45 mln. These are the fund's first transactions.
Imocominvest, a French OPCI investment fund managed by Imocom Partners, has acquired five retail assets across France for EUR 45 mln. These are the fund's first transactions.
Imocominvest has a war chest, including leverage, of EUR 200 mln.
The properties, offering a combined 32,000 m2, are leased to some 50 tenants including major retailers such as Lidl, Carrefour Market, Maxi Toys, Orchestra, Chaussea and Château d’Ax.
They include Coquibus in Corbeil, a 6,000-m2 asset in Reims, and another 6,700 m2 in Vernouillet. The vendor was UK investment manager Rockspring.
In Herblay, the fund acquired three units in the Patte d'Oie park from a private investor. In Saint Omer, Imocominvest purchased bought 7,100 m2 of retail space delivered in 2010.
