{"id":3174,"date":"2022-09-29T16:50:00","date_gmt":"2022-09-29T14:50:00","guid":{"rendered":"https:\/\/www.weinbergcapital.com\/?post_type=invests&p=3174"},"modified":"2024-10-14T18:34:49","modified_gmt":"2024-10-14T16:34:49","slug":"22-provence","status":"publish","type":"invests","link":"https:\/\/www.weinbergcapital.com\/en\/invest\/22-provence\/","title":{"rendered":"Collection Parisienne"},"content":{"rendered":"\n

Asset overview<\/h2>\n\n\n\n

Collection Parisienne is a 3,360 m\u00b2 corner building ideally located in the Op\u00e9ra district, at 22 rue de Provence Paris 9e, near stations for Lines 7, 8, 9 and 12 of the Paris Metro, just 10 minutes from the Gare du Nord and the Gare Saint-Lazare.<\/p>\n\n\n\n

The building was acquired in a private transaction involving a number of owners and multiple parties. A programme of works is being planned to reposition the asset.<\/p>\n\n\n\n

Our approach<\/h2>\n\n\n\n

Collection Parisienne is an asset located in a highly sought-after and central district of Paris. Our approach takes several factors into account. A portion of the value was generated at the start given the acquisition\u2019s complexity. Our business plan for the asset offers a great deal of flexibility, from light renovation to complete refurbishment with a view to obtaining the latest environmental certifications. It is also a subleased asset, thus ensuring its resilience to financial cycles.<\/p>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n

\n\n\n
\n
\n

\n Key<\/span>\n  <\/span>\n figures<\/span>\n <\/h2>\n
\n
\n
\n
\n
3,830m2<\/div>\n
total floor area<\/div>\n
<\/div>\n <\/div>\n <\/div>\n
\n
\n
160m2 <\/div>\n
rooftop terrace<\/div>\n
<\/div>\n <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n
3,830m2<\/div>\n
total floor area<\/div>\n
<\/div>\n <\/div>\n <\/div>\n
\n
\n
160m2 <\/div>\n
rooftop terrace<\/div>\n
<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n\n\n <\/div>\n \n\n
\n
\n
\n\n\n \n\n <\/div>\n <\/div>\n <\/div>\n\n
\n\n \n\n
\n
\n\n \n\n
“The building was acquired in a private transaction involving members of several families, none of which included real estate professionals, with diverging interests. The acquisition was carried out through the purchase of shares in the company holding the asset. The team managed to instil a climate of trust with the owners and handled this complex transaction with a combination of adaptability and professionalism.”<\/div>\n\n
Gad Botbol<\/strong>\n – Head of Acquisitions <\/div>\n \n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n
\n
\n
\n \n\n <\/div>\n <\/div>\n <\/div>\n\n
\n\n
\n
\n
\n

Certifications targeted <\/h2>\n
\n\n
<\/div>\n
\n
\u2013 BREEAM (Building Research Establishment Environmental Assessment Method) certification
\r\n\u2013 OsmoZ quality of life at work label (Certiv\u00e9a)<\/div>\n <\/div>\n \n\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n
\n
\n
\n ","protected":false},"excerpt":{"rendered":"

Asset overview Collection Parisienne is a 3,360 m\u00b2 corner building ideally located in the Op\u00e9ra district, at 22 rue de Provence Paris 9e, near stations for Lines 7, 8, 9 and 12 of the Paris Metro, just 10 minutes from the Gare du Nord and the Gare Saint-Lazare. The building was acquired in a private […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-3174","invests","type-invests","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/3174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests"}],"about":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/types\/invests"}],"author":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/comments?post=3174"}],"version-history":[{"count":5,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/3174\/revisions"}],"predecessor-version":[{"id":18641,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/3174\/revisions\/18641"}],"wp:attachment":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/media?parent=3174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}