SCPI Immorente secures €125m revolving credit line

SCPI Immorente has secured a new €125 mln revolving credit line from a consortium of banks including BECM, Société Générale, Arkéa, and Crédit Agricole Île-de-France.

Jérôme Grumler

This initial three-year financing, with options for two one-year extensions, provides Immorente with readily available capital to capitalize on prime investment opportunities in the current real estate market downturn.
The agreement, secured with four major French banks on favorable terms, highlights Immorente's strong financial position.
Aligned with its long-term vision, Immorente aims to generate sustainable value for its stakeholders through responsible financing. The deal incorporates ambitious ESG criteria focusing on decarbonization, ecological assessments, and climate risk analysis for its assets.
Between January 1, 2024, and June 30, 2025, Immorente invested €284 mln, with key acquisitions including a building in Toulouse, a hotel in Bologna, and shopping centres in the Netherlands. Including pending deals worth €83 mln, Immorente's total investments reach €367 mln, yielding an average return of 8.2%.
Jérôme Grumler, deputy managing director, Sofidy, said: “By leveraging this ESG financing lever, Immorente reaffirms its ability to support the energy transition in real estate while capturing growth opportunities for the benefit of its partners.”