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Morgan Leahy property investment group

116 Rue du Faubourg

St. Honoré, Paris - The Development

Opportunity to
co-invest with Morgan Leahy in prime office accommodation in CBD district of Paris

Investment Summary

Total properly cost is 13.26m of which 10.06m is provided by a nonrecourse loan and the remaining 3.2m by investor equity.

  • Total Office Accommodation: 1177.2m sq
    • One Apartment - Accommodation: 182.3m sq
    • Office accommodation - single occupant: Gibson Dunn & Crutcher
  • Rental Lease Expires: July 2014 (tenant break option at year 6)
  • Rental Income:
    • Office: €652,850 per annum
    • Apartment: €96,956 per annum
  • Location: in the heart of Paris in the prestigious 8th District

Property Details

166 Rue du Faubourg, Saint Honoré

  • Gibson Dunn have renewed lease for a further 6/9 years to July 2014
  • Gibson Dunn occupy second, third and fourth floors together with a luxury apartment
  • Each office floor and apartment are on separate leases
  • Apartments in this building are currently selling at €7,000 p.s.m which would give a current value of c. €1.26m.
  • The apartment presents an opportunity to release some equity in 6 years if Gibson Dunn decide not to renew their lease on the apartment.
  • Building is within the prime central business district and close to Rue Hausmann and the Champs Elysées


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Morgan Leahy Property Investment Group   info@morganleahy.com

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