Fairway advised a fund managed by Mata Capital on the acquisition with a French institutional and from Mercialys (the group Casino listed property company) of two Monoprix stores located in Saint-Germain-en-Laye (78) and La Garenne-Colombes (92).
These two assets, covering a total area of 15,000 sq.m, are sold by Mercialys based upon a valuation of €100M or 6,600€/sq.m.
Monoprix has recently renewed the leases of the two stores for a period of nine years.