September 2018

€52.5m Acquisition Financing for a Core+ Office Building in Levallois-Perret

Amount: €52.5m

SHIFT CAPITAL advised Internos Global Investors (now Principal Global Investors) on the structuring and execution of a €52.5m facility for the acquisition of a core+ office building located in Levallois-Perret, just outside Paris.

The deal was structured as a share deal, executed in two phases, and fully financed by a French bank via a senior mortgage loan.

SHIFT CAPITAL supported its client throughout the financing process—from lender engagement to term negotiation and deal closing—while advising on structuring alternatives to optimize leverage and minimize equity contribution.