SAKURA

94120 Val de Fontenay

SAKURA

94120 Val de Fontenay



ASSET DESCRIPTION
• 30.000 sqm office building developed as a build to suit for Societe Generale
• The assets is located in Fontenay-sous-Bois, an attractive office hub in the eastern suburb of Paris

CONTEXT
• Acquisition by Northwood Investors and Normandie of the land in 2017
• Signature of a forward lease with Societe Generale • Forward sale ("VEFA") to Primonial in 2018
• Normandie capitalized on Fulton's expertise to successfully develop this trophy asset

NORMANDIE'S ROLE
• Asset Underwriting
• Development Management and monitoring
• Co-investment alongside Northwood