Real estate financial advisory

Real estate financial advisory
/ SHIFT CAPITAL advised Fidelity...

SHIFT CAPITAL advised Fidelity for acquisition of the global headquarters of Nestlé Waters, Le Verdi building in Paris


Fidelity Real Estate has acquired the Le Verdi building in Paris, the global headquarters of Nestlé Waters, a subsidiary of Nestlé SA.

The property was acquired on behalf of the Eurozone Select Real Estate Fund and was funded in part with a €22m secured loan, said Fidelity.

The building comprises 6,500 m2 and is located in Paris’s Issy-Les-Moulineaux area.

Fidelity’s portfolio manager in France, Aymeric de Seresin, said: “This deal represents another example of our approach in targeting high-quality, modern buildings let to multi-national tenants at an attractive acquisition yield. Through a combination of buying just outside the prime markets and using a moderate amount of competitive leverage, we are able to deliver a high and secure income yield for our clients.”

Fidelity Real Estate was advised by Simmons & Simmons, Bourdeau Consulting, Arsène and SHIFT CAPITAL.