Paris, December 5th, 2024 – Desfilis advised to Elevation Capital Partners, an asset management firm
under Groupe Inter Invest, in the acquisition, through the OPPCI* Indigo Référence, of the entire
office space at Espace Bertel, a landmark urban development project in Réunion, for a total amount
of €60 million. This transaction represents the largest office rental operation ever completed in La
Réunion, both in terms of value and volume.
Espace Bertel, located at the heart of Saint-Denis’ business district, is a mixed-use real estate project
combining office spaces, retail, leisure, and dining areas, with completion scheduled for 2027. This
18,000 m² complex, designed to meet the highest environmental standards (HQE certification, green
spaces, outdoor areas), is a strategic asset to address the growing demand for modern office spaces
on the island.
The acquisition of 6,300 m² of office spaces by OPPCI Indigo Référence, a dedicated investment
vehicle regulated by the AMF, aligns with Elevation Capital Partners’ "Real Assets" investment
strategy launched in 2024. This project marks a significant milestone not only for the asset
management company but also for Réunion’s economic development, as it constitutes the first
regulated investment vehicle fully dedicated to commercial real estate on the island.
"We are proud to have advised Elevation Capital Partners in this strategic transaction and to
contribute to the economic and urban development of Réunion. This acquisition highlights the
importance of robust legal structuring for the successful implementation of projects of this scale,"
stated Sébastien Sayn-Urpar, partner at DESFILIS.
In this transaction, the DESFILIS team was led by partner Sébastien Sayn-Urpar, with associates
Marine Debu, Dan Dahan, and Océane Imbert, on corporate aspects.
Arnaud Pince, partner at Almain, advised Elevation Capital Partners on regulatory matters.
Catherine de Manneville, partner at Everlaw Tax & Legal, assisted Elevation Capital Partners on tax-
related aspects.