Baltis acquires commercial premises leased to Five Pizza Original at 2, place de l’Esplanade in Strasbourg (67), in the immediate vicinity of the University of Strasbourg

Acquired for an amount of €770,000 net seller, this commercial space covers an area of ​​148 m2 and has been refurbished. It is leased by Five Pizza Original, which currently has 35 restaurants open across France, plus 9 more in the process of opening, and is aiming for a target of 100 restaurants by 2023.

A real estate crowdfunding operation was structured by the Baltis platform with 60 investors. It was supplemented by bank financing obtained from Caisse d’Épargne Grand Est Europe for an amount of €549,000.

Alexandre Toussaint, President of Baltis, declares: “We are delighted with this first acquisition in the Grand Est. The Five Pizza Original team is serious and supported by Ismail Ouriche, who can claim more than 10 years of experience in the restaurant business. The inhabitants of the Esplanade district were very enthusiastic about the idea of ​​opening this pizzeria, whose inauguration was a resounding success. This project corresponds perfectly to the DNA of Baltis, an investment that makes sense for the inhabitants of the city who are now the ambassadors of this business! “.

As part of this operation, Baltis was accompanied by Maître Tristan Savouré.

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