Airport Center – Los Angeles

MISSION

In 1992, Cofinance Inc. acquired property near the Los Angeles Airport in California. The investment strategy is based on leasing the land to tenants operating over long periods (30 to 90 years): hotel, car park, residential, office. The underlying property complex has a total area of 556,000 square feet and a net income of $3 million.

Airport Center

Los Angeles (Californie)

TEMPSThe property was acquired in 1992

Total surface of 556 000 square feet

Portefeuille Tops – NEW YORK Inc

MISSION

In 2010, Cofinance Inc. acquired a portfolio of six retail properties in upstate New York whose anchor store is the Tops Market. The portfolio managed by Cofinance on behalf of its partners covers 45 tenants and over 703,000 square feet in leasable space for current revenue of $5.2 million. The portfolio value is estimated at more than $50 million.

Portefeuille Tops

Buffalo (Etat de New-York)

TEMPSAcquisition of 6 shopping center in 2010

Surface area of 703 000 square feet

31 Place de la Madeleine

PROJECT

Acquisition in the late 1980s of the pizzeria business which operated the commercial floors of this building. Negotiations with the landlord to get permission to restore the entire building and convert the residential lots into office space.

Today, this building is the Paris headquarters of COFINANCE group.

La Madeleine

Paris (8ème)

TEMPSThe business was acquired in 1987

1,265 m2 in surface area (offices and shops)

actionsCofinance SAS Headquarters

Passage Louis Philippe

PROJECT

Acquisition in several stages of all the condominium lots of a building located near the Place de la Bastille in Paris. COFINANCE is now the sole owner of the property.

A major renovation of this property was completed in 2004 with the creation of a beautiful central atrium.

Passage Louis Philippe

Paris (11 ème)

TEMPSThe property was acquired in 1985

3,100 m2 in surface area

SOMMEProject worth €15 million

Leroy Merlin

PROJECT

Acquisition of the retail property, initially leased to LECLERC, with a view to renovating it to accommodate the brand LEROY MERLIN.

Discussions are ongoing for a complete redevelopment of the site to build a new retail park of 13,000 m2.

Leroy Merlin

Laval (Mayenne)

TEMPSAcquisition of a commercial complex in 2004

10785 sf in surface area

SOMMEProject worth €20 million

Cité Toulouse Lautrec

PROJECT

Acquisition of a 120-meter lot containing several residential buildings and the Théâtre des 2 Ânes.

COFINANCE plans to renovate all the common areas of this property to create a new private street in Paris: the Cité Toulouse Lautrec.

Cité Toulouse Lautrec (Montmartre)

Paris (18ème)

TEMPSThe property was acquired in 2014

Surface de 6000 m2

SOMMEProject worth 50 M €

Les Cures Marines

PROJECT

Acquisition in the context of an 80-year leasehold of the Hotel des Cures Marines in Trouville-sur-Mer. This building, a historical monument abandoned since 1999, underwent extensive renovation work that resulted in the delivery of a 5-star hotel/spa operated under the MGallery brand.

The COFINANCE group owns the building and the business of this hotel.

Les Cures Marines

Trouville-sur-Mer (Calvados)

TEMPSThe property was acquired in 2012

11,000 sf in surface area

SOMMEInvestment of €40 million