SELECTIRENTE Expands Retail Portfolio with Strategic Acquisitions

SELECTIRENTE has acquired five prime retail properties located in key urban areas of Paris, Rueil-Malmaison, Lyon, and Bordeaux, marking a significant step in its investment strategy. These assets, totaling €4 million and yielding 6.1%, are leased to prominent national retailers, ensuring stable returns.

The portfolio includes three retail units in Paris, Rueil-Malmaison, and Bordeaux, acquired for €1.8 million, and two standalone properties in the tourist-rich Saint-Germain district of Paris and Lyon's growing Presqu'île area, acquired for €2.1 million. The Lyon property supports an omnichannel strategy, underlining SELECTIRENTE’s focus on emerging retail trends.

With over €60 million in investment capacity, SELECTIRENTE remains poised for further growth in Paris and other metropolitan centers, reinforcing its ongoing commitment to enhancing its high-street retail portfolio.