BNP Paribas REIM buys off-plan residential complex in Bordeaux

BNP Paribas REIM buys off-plan residential complex in Bordeaux

BNP Paribas Real Estate Investment Management (REIM) France has purchased an off-plan residential complex located at 341 boulevard Jean-Jacques BOSC in Bordeaux (33), on behalf of the Danish investor PFA Pension.

The asset is a 3,800 m² residential complex which will be developed by Marignan and delivered in the 3rd quarter of 2024.

It will consist of 55 apartments spread over two buildings and will offer a balanced offer ranging from studios to five-room apartments in order to meet the needs of needs of young executives and families. 

The accommodations will have several outdoor spaces such as balconies and patios. 45 parking spaces will be available and three stores totaling an area of ​​600 m² located on the ground floor of the building will complete the asset.

This residential complex enjoys an excellent location in the Euratlantique district in full development in Bordeaux, with a wide range of services easily accessible on foot: the Cité Numérique, shops, post office, pharmacies and schools. It is located opposite the public garden of Brascassat which offers a children’s play area and sports facilities.

It also gives easy access to public transport with the tramway (Line C) which reaches the TGV station of Bordeaux Saint-Jean and the city center in a few minutes.

In line with BNP Paribas REIM’s ESG strategy, the asset is certified NF Habitat Excellent (9 stars) and will therefore be exemplary in terms of quality of life, respect for the environment and economic performance.

BNP Paribas REIM France acquired this asset on behalf of PFA Pension as part of a new mandate targeting residential buildings in the main French cities. A first acquisition was announced in March, of a residential asset in VEFA in Saint-Cyr-L’Ecole (78).

“This is the second acquisition under this mandate and we are delighted to add a premium asset to this residential portfolio. This transaction highlights our ability to provide tailor-made solutions that meet the needs of our clients as well as our commitment to facilitating access to housing. We look forward to continuing to develop this partnership and carry out new transactions in the future, ” said Guillaume Delattre, CIO BNP Paribas REIM France, Belgium, Luxembourg, Spain and Portugal .

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