Having promoted and supported Eurosic’s development since 2011, In June 2017, Batipart committed to sell and contribute all of its shares (24%) in Eurosic to Gecina.
The combined Gecina-Eurosic entity will give birth to Europe’s number one Office Real Estate company with almost 20 billion€ assets owned and under management.
As part of this operation, Batipart has already bought back Eurosic’s leisure and health assets for an investment of circa 500 million€.
Batipart is also keeping along Eurosic’s core management team, which has been well established for many years.
This new asset portfolio, for a total value of more than 1.3 billion€ spanning across Europe, will form the base of Batipart’s new real estate platform.
Strengthened by this new experience, Batipart remains faithful to its values as it turns over to a new page of its real estate activity.