Mall & Market advises Adim Urban for a 13,700 sqm asset sold before completion

Mall & Market advised developer Adim Urban (subsidiary of Vinci Group) during the sale of a 13,700 sqm asset located in ZAC des Docks in Saint-Ouen (93). The project has been sold before completion to Sofidy via its SCPI Immorente. The famous DIY retailer Leroy-Merlin will be one of the tenants and has already signed a 9 years lease.

Note: Immorente is one of the biggest “retail real estate investment trust in France” with more than 2.2 billion euros assets in its portfolio.

via immoweek:

http://www.immoweek.fr/immobilier/actualites/commerces-8/sofidy-acquiert-un-actif-commercial-de-plus-de-13-000-m2-a-saint-ouen-18339