BNP Paribas Real Estate Investment Management (REIM) France announced the acquisition of an off-plan residential building located at 341 Boulevard Jean-Jacques BOSC in Bordeaux, on behalf of PFA Pension.
The asset is a residential building with a total surface area of 3,800m2 that will be delivered during Q3 2024. It will be composed of 55 flats divided between two buildings including a variety from studio to 5-room apartments with many outdoor areas such as balconies and patios. 45 parking spaces will also be available and three shops located on the ground floor of the building with a surface area of 600m2 will complete the asset.
In accordance with BNP Paribas REIM’s CSR strategy, the asset is certified NF Habitat Excellent (9 stars), which means it will be exemplary in terms of quality of life, respect for the environment and economic performance.
BNP Paribas REIM France acquires this asset on behalf of PFA Pension as part of a new separate account targeting residential buildings in the main cities of France. It follows the first acquisition announced in March of an off-plan residential asset in Saint-Cyr-L’Ecole.
“This is the second acquisition made through this mandate and we are very pleased to add a premium asset to this residential portfolio. This transaction highlights our ability to deliver custom-made solutions that match our clients’ needs and our commitment to facilitate the access to the living sector. We look forward to keep developing this partnership and close new transactions in the future,” commented Guillaume Delattre, CIO BNP Paribas REIM France, Belgium, Luxembourg, Spain and Portugal.
Thibierge Notaires and Artrlia accompanied BNP Paribas REIM on this operation. This transaction was carried out by the agency Fifty’s.