#Real Estate

WCP announces, as part of its partnership with Domitys, the acquisition of a Senior Services Residence in Rueil-Malmaison

01/12/2018

As part of its partnership with DOMITYS, Weinberg Capital Partners announces the VEFA acquisition of a seniors’ residence in Rueil-Malmaison by the professional OPCI CAPITAL PIERRE SENIORS SERVICES from NEXITY and CREDIT AGRICOLE IMMOBILIER.

This new 114-unit residence offers numerous services and is located in a landscaped park in the immediate vicinity of the shopping centre of Rueil-Malmaison.

The residence will be managed by France’s leading provider of assisted living facilities, DOMITYS, under a long-term lease. Work will start in January 2018 and the residence is scheduled to open in the first quarter of 2020.

The OPPCI CAPITAL PIERRE SENIORS SERVICES, launched in 2017 and currently in the process of collecting funds, is thus continuing its investment programme following the acquisition of the DOMITYS residence in Melun.

WCP was assisted by the law firm Wargny-Katz and Ares Avocats for this transaction, the bank financing of which was provided by Crédit Agricole IdF. Nexity and Crédit Agricole Immobilier were assisted by Etude Cheuvreux.

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