Deal Snapshot
Vitura Closes EUR 97m Acquisition of Paris Office Property
Friday 22 October 2021

France-based listed real estate company Vitura (PAR: VTR) has completed the acquisition of the Office Kennedy property, a building with a surface area of nearly 10,000 sq.m located along the banks of the Seine in Paris' 16th arrondissement, the firm said.

The EUR 97m (USD 112m) acquisition was financed by a capital increase in the amount of EUR 31m completed in October 2021 and a bank loan from Société Générale of approximately EUR 66m. Vitura was advised by SAS Noter, Linklaters, Taj and Théop for the acquisition; Société Générale, BNP Paribas, Fidal and Allen and Overy for the capital increase; and SAS Noter and DLA Piper for the bank financing.

Date Published: 22/10/2021