Selectirente: 5 Acquisitions in Paris, Lyon, and Bordeaux with a 6.1% Yield
The listed real estate company Selectirente announces five new acquisitions since the beginning of the year, involving shops located in Paris, Rueil-Malmaison, Lyon, and Bordeaux. These investments total nearly 4 million euros with an immediate yield of 6.1%.
Details of the Acquisitions
Since the start of the year, Selectirente has finalized the acquisition of five local shops spread across four major urban areas. The first portfolio, consisting of three shops, represents an investment of 1.8 million euros for a total area of 230 sqm. It includes a premises on Avenue du Maine in Paris (14th arrondissement), currently rented to Marionnaud near the Montparnasse Train Station, a shop on Rue Paul Vaillant-Couturier in Rueil-Malmaison leased to FRAM, and a property in Bordeaux on Cour Aristide Briand occupied by Société Générale, close to Place de la Victoire. The other two individual acquisitions amount to 2.1 million euros: one on Rue Dauphine in Paris (6th arrondissement) in the Saint-Germain district, rented to a fast-food chain specializing in poke bowls, and another on Rue des 4 Chapeaux in Lyon (2nd arrondissement) in the heart of the Presqu'île, occupied by a local personal equipment brand. All these assets generate an immediate yield of 6.1%, with rents considered conservative in relation to market rental values.
Financial Capacity and Market Position
As of December 31 last year, Selectirente had a total investment capacity exceeding 60 million euros. The group indicates that it is currently engaged in several other acquisitions in Paris and other major French cities. Selectirente describes itself as the only French listed real estate company specialized in the property of local commercial walls, one of the few in Europe. The company is listed on Euronext Paris in compartment B.
Strategic Growth and Portfolio Management
Selectirente manages a real estate portfolio valued at nearly 580 million euros as of the end of 2025. The company continues a dual growth strategy focused on the development and enhancement of its commercial property in city centers in Paris and other major French and European cities. It relies on the expertise of Sofidy, a subsidiary of the Tikehau Capital group, for asset management and the execution of its investment programs.
