Project AlphaParis, France

Project Alpha is a portfolio of four office buildings within greater metropolitan Paris. The Alpha assets were purchased at a substantial discount to the notional debt associated with the properties via a complex transaction structured as a simultaneous share / debt purchase.

  • 58,000 m2 in four locations: St Ouen (17k m2), Velizy (24k m2), Ivry-sur-Seine (7k m2) and Gentilly (10k m2)
  • Diverse portfolio requiring bespoke business plans for each asset ranging from demolition to timely on-sale