Fairway advised Generali Real Estate on the sale of the Terra Nova V building to the private equity fund Appolo, accompanied by Hemisphere. This transaction was carried out in the form of a share deal.
Terra Nova V is a 19,000 square meter office building located in Montreuil and built in 2010. The complex is now fully leased on a long-term basis to BNP Paribas, which occupies most of the space (13,000 square meters), as well as to the CPAM and United Entrepreneurs. Already served by the RER via two different stations, the site will benefit from a connection to line 15 of the Paris metro system in the coming decade.