€9.3m Bridge Loan for the Redevelopment of a Former Parking Garage in Le Marais (Paris 4th)

SHIFT CAPITAL advised Immobel, the leading Belgian listed developer, on the structuring of a €9.3m bridge loan to support the acquisition of a redevelopment project in Paris’ 4th arrondissement.

The transaction involves the conversion of a former parking structure and residential units into a prime office building through a heavy refurbishment process.

The financing was structured as a bridge loan from a French bank, secured pending building permit approval and future long-term refinancing.

This transaction demonstrates SHIFT CAPITAL’s ability to craft bespoke financing structures for high value repositioning projects, incorporating regulatory and phasing constraints.