Residential asset currently being studied as part of an acquisition mandate.

The building has an existing rental base as well as potential for technical and energy repositioning in the medium term.

The interest in the file lies notably in:

? the quality of the rental market
? the stability of existing revenues
? the potential for valorization
? a targeted renovation strategy
? a value creation conditioned by the entry price

In a buy-side approach, the reading is not limited to the current yield.

It also integrates the CAPEX, the rental state, the technical and regulatory risks, as well as the exit strategy.

The file is treated confidentially

Additional information and investment notes are available on request for qualified investors.