Delizy

Located at 41 rue Délizy, in Pantin, a northeastern suburb of Paris in the Seine-Saint-Denis (93) department. Modern and sustainable office building with great tenant diversification. The property, held freehold, features two buildings. Constructed in 1992, with two basements floors, a ground floor providing office and staff canteen and nine upper floors accommodations. This property is 50% held by the REIT in a joint venture partnership.

LES DIAMANTS – RUE DÉLIZY – PANTIN

Total GLA

71.62 sq.ft

Occupancy

61 %

Last External valuation

$13 M

Walt

2.1 years

Office building consisting of 2 buildings joined by a common basement with a total surface area of 13,300m².
Multi-tenant asset held as part of a main co-ownership and a secondary co-ownership.
Redevelopment strategy with third-party for a mix-used conversion (housing/services)