PORTEFEUILLE ELIS

93500 Pantin

PORTEFEUILLE ELIS

93500 Pantin



   
ASSET DESCRIPTION

• Twenty-two light industrial assets totaling 178,000 sqm
• The assets are located in across France with 2/3 of the value in the Paris region, Lille and Nice
• Long term lease in place with Elis which is an international multi-service provider, offering textile, hygiene and facility service solutions

CONTEXT
• Acquisition by Blackstone from Tikehaue and Fonciere Atland
• Post acquisition, the asset management has been transitioned Normandie

NORMANDIE'S ROLE
• Asset Underwriting
• Redevelopment analysis
• Co-investment alongside Blackstone
• Asset Management under a JV agreement with Blackstone