Real Estate and Leisure

Our Real Estate and Leisure group provides financing and advisory services to a range of organizations. These include real estate investment trusts (REITs), hotel, retailers and public-sector entities. The group has sector expertise in retail properties, hotels and golf courses, home retirements, office buildings, data centers, industrial properties, multifamily properties, development projects.

The portfolio comprises 56 high street shops and over 100 apartments in prime locations in Lille at a net initial yield of 5.0%, taking related purchase costs and the applicable SIIC exit tax into account. The total lettable retail area amounts to 12,000 sqm.

Twenty of the shops, let to French and international tenants such as Bata, Fuji, Diesel and Louis Vuitton, are in the upmarket shopping area near Rue de la Monnaie, the other 25 are in the mass market retail zone around Rue du Sec Arembault.

Wagram Corporate Finance has developed a real estate practice backed by very senior resources leading to the closing of various and complex structuring transactions involving different class of assets such as building, commercial and high street shops segments.

Wagram was exclusive sell-side advisor to the shareholders.

Vacalians Group is the European leader in its field. Through its brands (Tohapi and Canvas), the group offers some 300 campsites destination in France and in Europe (Spain, Italy etc.). Vacalians Group operates some 49 fully owned campsites, gathering some 24.800 pitches with an international distribution network.

With 50 years’ experience, Canvas offers holidays on a wide variety of campsites all over Europe. Canvas expanded its accommodation range, the familiar blue and orange tents, joining them a wide range of two and three bedroom mobile homes, lodges, and safari tents.

Wagram Corporate Finance has developed a strong leisure and real estate practice including very senior resources able to advise on various and complex structuring. Thanks to this expertise and its international network, Wagram Corporate Finance was able on the one hand to deliver and advice Vacalians on its breakthrough strategic entry into the UK market, and on the other hand to unlock a highly synergetic acquisition.

Wagram was buy-side advisor to Vacalians Group and its shareholders.

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