LaSalle completes acquisition of senior living assets in Paris

LaSalle Investment Management has completed the acquisition of two fully pre-let senior living properties, les Villa Beausoleil, located in Greater Paris, on behalf of a German separate account client. The transaction consists of a sale & leaseback with Steva, a French family-owned firm founded in 1967, which has recently been awarded Best French Company for Senior Living in 2022.

Located in Meudon-la-Forêt within the affluent department of Hauts-de-Seine, the first Villa Beausoleil asset is a brand-new senior living property that will be completed at acquisition. It will offer 116 senior housing flats, alongside various amenities including a concierge, a restaurant, a lounge, a senior fitness center and a garden with exclusive access to residents on a total area of 6,036 square meters (64,971 square feet). The property is within the “Eco-neighborhood” of Pointe de Trivaux, an urban regeneration zone currently under development, and benefits from close access to the