A specialised real estate company
Selectirente is a property company specialised in commercial leasehold property, focusing on city centre premises and, to a lesser extent, peripheral areas.
Created in 1997 on the initiative of real estate professionals, Selectirente operates a real estate business consisting in acquiring and managing commercial property assets with a view to leasing them, in France and, marginally, abroad. These rental assets are rented to national retail brands (Kiloutou, Maisons du Monde, Casino, Carrefour, Picard Surgelés, La Plateforme du Bâtiment, Lidl, amongst others), proximity services (bank branches, real estate agencies, temporary employment agencies, etc.) and independent traders.
Selectirente has a property portfolio with an appraised value of €243.5m excluding fees at 31 December 2017. The assets, 68.5% of which are located in Paris and the Paris region, comprise over 344 rental units representing a total surface area of 81,974 m².
The company seeks to enhance and develop its property assets by leveraging the expertise of Sofidy, to which it has delegated the full management of its portfolio. It also aims to manage and enhance its existing portfolio and to continue expanding in the French commercial property market.