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BNP Paribas REIM sells the “Cube” retail portfolio for over €125M

BNP Paribas REIM has sold the « CUBE » portfolio to OM France and Mata Capital, which represents more than 113,000 sqm of retail space spread across 19 single-tenant properties located in France and operated mostly by the French brands, BUT and BABOU.

This portfolio, valued at over €125 million, benefits from a WALB (Weighted Average Lease Break) of 5 years.

BNP Paribas REIM France was advised by BNP Paribas Real Estate Transaction and JLL, under a co-exclusive sales mandate.

 

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