25.10.2019Tiphaine de Mauduit

Franklin advises Sogelym-Dixence on selling the “Urban Garden” project in Lyon

Franklin has advised Sogelym-Dixence in connection with the “off-plan” sale of the “Urban Garden” project in Lyon to Buildex, an investor acting on behalf of a US investment fund. Located on the site of a former pharmaceutical manufacturing plant in the Gerland area, the “Urban Garden” project consists of 28,000 square meters of office space across five buildings currently under construction, 4 of which have already been leased to French natural gas supplier Engie, to accommodate its regional headquarters.

Franklin’s real estate team advising the seller was composed of partner Henry Ranchon and associate Edouard Alcouffe.