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Elithis TESE

Off-plan acquisition under a forward purchase contract of a mixed-use positive energy building (housing, offices and shops).

The building is located in Saint Etienne in the Châteaucreux eco-district, right next to the train station. The town centre is less than 15 minutes’ walk from the building. The Saint Etienne building consists of 56 residential units as well as office space and commercial premises and represents a total surface area of approximately 4,000 m².

The building is currently being developed by a French engineering and real estate group, a leader in energy and environmental efficiency in France.

The main objective of the technology developed for this project is to produce more energy than it consumes by means of photovoltaic panels placed on the façade and roof. The building will also offer intelligent housing through connected solutions, home automation and digital applications that will aim to minimise the energy consumption of their occupants. Finally, the building will have interior and exterior common areas that will be located on the upper floors and will contribute to creating a real community within the building complex.

The asset will be delivered in the 2nd quarter of 2023.
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  • Surface 4 000 m²
  • Number of lots 58
  • Volume of investment 14 M€
  • Strategy Core
  • Client type Pan-European investment fund