CB Richard Ellis Investors has announced the sale of Copernic II to the real estate investment company OPERA RENDEMENT, a SCPI managed by BNP Paribas Real Estate Investment Management (REIM)* with Cardif Assurance Vie (subsidiary of BNP Paribas Assurance) as main shareholder. Copernic II was held by CB Richard Ellis Strategic Partners Europe Fund III, a pan-European investment fund managed by CBRE Investors.
Copernic II is currently 85% let. Its tenants Pôle emploi, Lavazza, Assistance Protection Juridique (GMF group), Carestream Health France and Nestlé benefit from 5-Star Services, the services program developed by CBRE Investors.
Christine Sonnier, Directeur Général of CBRE Investors in Continental Europe, stated: "Copernic II is a highly performing office complex, in terms of both environmental features and wide array of services available to tenants. This operation is a perfect example of our strategy for value creation."
In this transaction, the seller was advised by Jean Reberat (Notary) and CBRE and the buyer was represented by Eliane Frémeaux (Notary).
* Portfolio management company authorized by the Autorité des marchés financiers (AMF, French Financial Market Authority)
Source: Citigate Dewe Rogerson