December 2020

€14.3m Financing of Gravitation’s Paris Headquarters via Its Real Estate Subsidiary

Amount: €14.3m

SHIFT CAPITAL acted as financial advisor to Gravitation in structuring a €14.3m financing facility to refinance the acquisition of a historic hôtel particulier located on rue d’Hauteville, in Paris’ 10th arrondissement, now serving as the group’s headquarters.

The transaction included the signing of a long-term commercial lease with Audacia, Gravitation’s investment subsidiary and operating tenant.

SHIFT CAPITAL secured a senior amortizing loan from a French debt fund, optimizing leverage while supporting the long-term valuation strategy of Gravitation’s Paris real estate portfolio.