NEWS | CIIAM acquires high street retail in Western Paris « Clichy Batignolles” district
CIIAM’s high street retail portfolio continues to grow. On behalf of one of its managed high street retail funds, CIIAM has bought a portfolio of high street retail properties in the newly developed Western district of Paris named “Clichy-Batignolles”.
The properties are located in a mix-use environment, including leisure activities (cinema and convention centre) and residential units. Buildings were delivered in October 2018 and tenants have already started leasing the retail shops.
CIIAM believes in this mix use district inside Paris, with rental and property values increase as the district develops.