France - Shopping galleries

Investment, Asset Management & Property Management

Acquisition 2019 

Valuation : €50m

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9 shopping galleries throughout France

50,000m² GLA

+150 retail units

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Underwritting and acquisition

Proactive management of the portfolio

Repositionning and improvement of the retail offer

othrys

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Poitiers - Shopping center

Investment & Asset Management

Acquisition 2015

Valuation : ~€50m

Shopping center

Poitiers' city center

9,000m² GLA

35 retail units

5m visitors / year

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Letting of the vacant units

Increase of the rental income

Improvement of the commercial offer

France - Monoprix supermarkets

Investment & Asset Management

Acquisition 2018

Valuation : ~€200m

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Monoprix sale & leaseback

14 stores in France

55,000m² GLA

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Full underwritting and oversight of the due-diligence procedures

Management of the portfolio for third party

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France - wholesale portfolio

Portfolio & Asset Management

Since 2013

Valuation : ~€600m

Metro France's sale & leaseback

86 locations in France

80% in regional cities

Extension or reduction of the sales area

Regearing of 20 leases

Reduction of the vacant area

Implementation of the ESG strategy

Saint-Etienne - Retail warehouse

Asset Management

Valuation : ~€10m

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Northern suburb of Saint-Etienne

7,000m² GLA

2 stand alone premises

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Re-letting of the vacant unit (1,500m²)

Improvement of the rental cash flow (+48%)

Toulon - Light industrial

Asset Management

Valuation : ~€10m

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Light industrial zone

Toulon's suburb

9,000m² GLA

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Site divided for 2 distinct users

Installation of a new tenant (Point P)

Improvement of the rental cash flow (+52%)

Nanterre - Flagship store

Asset Management

Valuation : ~€50m

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Mixed use asset (retail and office)

36,000m² total surface

1st in France for Metro Cash & Carry

Support of a major capex program

Co-investment of €3m

Regearing of the lease

Montpellier - Commercial warehouse

Asset management

Valuation : ~€5m

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Cash & Carry light industrial warehouse

Southern suburb of Montpellier

14,000m² GLA

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Warehouse divided in 2 parts

Othrys assisted Metro in reducing its sales surface

Warehouse divided by -15% of its sales surface

Rented to fitness brand Basic-Fit

Improvement of rental cash flow (+37%)

Herblay - Mixed use asset

Investment & Asset Management

Acquisition 2015

Valuation : ~€5m

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Mixed use asset

4,300m² GLA

2 tenants

High yielding investment

Development projects

Re-gearing of the leases

Portfolio - Shopping centers

Investment advisor

Acquisition 2016

Valuation : ~€100m

2 shopping centers in Niort and Albertville suburbs

18,000m² of rental surfaces

80 tenants

Full underwritting

Including establishment of the asset plan

Undertaking of the due-diligence procedures and the acquisition

Othrys

7 rue Caumartin

75009 Paris, France

+33 1 76 21 76 16

contact@othrys.fr