«Nexity-Reim and Lexin Capital have setteled an agreement, trough their company respectively owned at 20% and 80%, for the acquisition of an office building with total floor space totalling 18,000 sq. m from Nexity-Entreprises. The building is located in Alfortville’s Bord de Marne construction zone, on Charles de Gaulle Street, near the Seine (Paris region). The overall investment will come to around 360 million. The building is due to be offered for rental shortly, for a March 2010 completion. “With the advantage of an attractive location in the immediate outskirts of Paris, this will interestcompanies seeking to address the dual challenge of having a high-quality and well placed site while cutting down on real estate expenses,” remarked the buying team. For Metin Negrin, President of the New York-based private investment company Lexin Capital LLC, “This acquisition in Alfortville reflects our belief in the Paris market, even at this time of uncertainty.” Nexity-Reim, which arranged the financing and structuring for the transaction, will be in charge of managing the building. Etude Attal acted as advisers to the buyers, and Eurohypo provided the bank financing». (CS delle Società).
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