Deals

Fundraising for Groupe Magellim

An asset management and real estate development company

Background

Born from the merger of Foncière Magellan, an asset management company, and Magellim Développement, a real estate developer, Magellim is an integrated real estate player. AMF-approved since 2014, its asset management arm currently manages over €1 billion, specialising in tertiary and industrial real estate investments in regional markets. Led by Steven Perron and Julien Bellec, Magellim generated nearly €40 million in revenue in 2020, with annual growth of over 50%, supported by a team of around thirty people based in Paris, Nantes, Strasbourg, and Lyon. The group’s projected revenue for 2021 stands at €75 million.

Deal Summary

Banque Populaire Grand Ouest, BRED, Crédit Mutuel Arkéa, and Hélia Conseil provide bank financing to Groupe Magellim, an asset management and real estate development company.

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Guillaume Capelle

Adviso Partners

T: +33 635030964