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Vitura Extends Maturity of €139 Million Loan for Kennedy Project Acquisition

Jun 28, 2024almost 2 years ago

Contract Type

contract

ParisReal EstateReal Estate InvestmentCommercial Real Estate

Description

Vitura has announced the extension of the maturity of the €139 million loan granted for the acquisition of Passy Kennedy to July 15, 2024. This extension is part of ongoing discussions with investment banks regarding the Kennedy project.

Company Information

Company

Vitura

Location

Paris, Ile De France, France

About

Vitura is a listed real estate company (“SIIC”) that invests in prime office properties in Paris and Greater Paris. The total value of the portfolio was estimated at €1,307 million at December 31, 2023 (excluding transfer duties). Thanks to its strong commitment to sustainable development, the Company's leadership position is recognized by ESG rating agencies.

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