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Lyon 2nd: Sofidy completes sale at over 5.5% yield

Le 24 rue Childebert, à Lyon (CoStar)
Le 24 rue Childebert, à Lyon (CoStar)
By La rédaction Business Immo
June 7, 2024 | 8:40 AM

Translated from French.

Less than a month ago, Sofidy's SCPI Efimmo 1 sold a 2,100 m² office building "for more than its last appraised value", says the management company in a press release.

The asset, located at 24 rue Childebert, in the Bellecour district, on the peninsula of Lyon's 2ᵉ arrondissement, was sold for nearly €10 million; it generates a deed-in-hand yield of +5.50% and shows a gross capital gain of €3.7 million.

The asset was acquired by the SCPI in 2010.

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