Target Information

Abenex REIM, utilizing a dedicated investment vehicle supported by institutional and private investors, has successfully acquired a residential real estate asset situated in Neuilly-sur-Seine (92). The transaction aligns perfectly with Abenex REIM's investment strategy, which focuses on high-quality assets in prime locations that present significant value-creation opportunities.

The asset in question is an Art Deco building constructed in 1936, encompassing over 2,800 square meters of space under the Carrez law, distributed across six floors. Its strategic proximity to the Bois de Boulogne and metro line 1 significantly enhances its appeal, making it an attractive investment in a sought-after neighborhood.

Industry Overview in France

The French real estate market, particularly in urban centers like Paris and its suburbs, has shown resilience and sustained demand, even amidst economic fluctuations. The residential segment remains robust, driven by ongoing urbanization and the continual influx of individuals and families seeking quality housing.

Neuilly-sur-Seine, known for its affluent demographic and proximity to central Paris, has been witnessing a surge in residential interest. The demand for family-sized apartments is particularly strong, spurred by the desire for more spacious and functional living areas, which reflects a broader trend across urban areas in France.

Furthermore, sustainability has become a pivotal factor in real estate investment decisions in France. With increasing emphasis on energy-efficient buildings, the market is moving toward properties that not only offer living space but also adhere to environmental standards and performance benchmarks. This shift presents opportunities for value enhancement through renovation and repositioning.

The recent focus on ESG (Environmental, Social, and Governance) criteria by investors has further transformed the landscape. Investors are now more inclined to contribute to developments that not only promise returns but also positively impact the community and environment, highlighting the importance of energy efficiency and sustainable practices.

Rationale Behind the Deal

The rationale for Abenex REIM's acquisition lies in its value-add strategy, which is aimed at enhancing the property's inherent value through comprehensive renovations. With no significant improvements made to the building prior to this acquisition, Abenex has identified an opportunity to implement a repositioning program that is expected to be executed over approximately three years.

This program focuses on upgrading the building’s energy efficiency and modernizing the common areas, which will attract potential tenants looking for family-oriented housing options. The anticipated demand for enhanced living spaces in Neuilly-sur-Seine aligns well with Abenex's strategy, ensuring a promising return on investment.

Information About the Investor

Abenex REIM is a recognized player in the investment management field, notably in real estate. The firm is B-Corp certified, highlighting its commitment to balancing profit and purpose. Abenex focuses on strategic acquisitions that fulfill its mission of contributing positively to society while ensuring sustainable returns for its investors.

Backed by a consortium of institutional and private investors, including notable partners such as Etoile du Nord Promotion, LC Promo, and CEPRAL Participations, Abenex REIM’s portfolio now exceeds €200 million. This acquisition represents their second transaction for the year 2025, signaling a strong commitment to expanding in the Parisian market.

View of Dealert

From an expert perspective, this acquisition by Abenex REIM appears to be a strategic and timely investment. The firm has not only targeted a high-quality asset but has also devised a solid renovation plan that addresses the growing demand for family housing in a prime location. Considering the property's advantageous positioning near central Paris, it could lead to significant appreciation post-renovation.

The planned enhancements focused on energy performance and common area design are particularly relevant in today’s market, where tenants prioritize sustainable living conditions. This foresight, combined with the demonstrated resilience of the Neuilly-sur-Seine market, suggests that Abenex is well on its way to maximizing the value of this investment.

Moreover, the collaboration with established partners adds robustness to the execution of the proposed project. The strategic planning around the repositioning program indicates Abenex's capability to adapt to market demands while adhering to its commitment to sustainable practices.

Overall, given the current market dynamics and the strategic approach taken by Abenex REIM, this acquisition is likely to yield fruitful results, making it a wise investment choice in the residential sector.

View Original Article