Baltis has acquired commercial premises in Strasbourg

(AOF) – Baltis has acquired commercial premises rented 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 euros 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’Epargne Grand Est Europe for an amount of €549,000.

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