La Française Real Estate Managers (REM) has announced the acquisition of the Sentinel Square business park located at 221 rue Victor Hugo in La Sentinelle, in the Hauts de France, France, from vendor Boreale. Financial details were not disclosed.
The park comprises four separate and divisible buildings, recently renovated or built. As a whole, the park offers a good level of service for the well being of occupants (refectory kitchen, rest areas, fitness room, etc.). It is also planned to implement sustainable management of green spaces as well as LED lighting for the warehouse surfaces.
In total, the four buildings offer 14,968 square metres of surface area (9% of office space, 18% of business space and 73% of warehouse/logistics space) and are fully leased to 10 tenants. This acquisition was carried out on behalf of a collective real estate investment vehicle.
Source: propertyeu.info on the 4th of October 2023