Affine purchases a 20,000 m² office and warehouse building in Tremblay en France (FR)

Affine has finalised the acquisition from Heidelberg France, the French subsidiary of one of the world leaders for printing equipments, of a 20,000 m² building comprising 9,000 m² of office space and 11,000 m² of warehouse, located in Tremblay en France (Seine Saint Denis), on a yield of nearly 10%. This asset is financed under a lease finance contract transferred to Affine.

This building is fully let to Heidelberg group (9 years firm lease) and to Fret Industries.

Affine was advised by Colliers C.L.S. Sogetex.

Source: Affine

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