Architect of financing the current operation boulevard du Cauldron, The Inovista real estate service and real estate advice inaugurates a financial arrangement never seen in Reunion, relying on the first oppi created locally. From this first success, A new financial company is born, Inovista Reim, who will duplicate the model to finance other business park projects.
The Bertel space will see the light of day on the land of the Ravate group located in the upper part of Boulevard du Cauldron. Due to its importance and mix of use - 18,000 m2 of offices, shops, Restaurants and gym -, This operation is emblematic of a new type of activity center. It will have a threshold cross at the Urban Redevelopment of Boulevard and its surroundings. It will be the first construction at the standard of the new HQE standard thanks, among others, In use of Hoffmann Green Cement Technologies ultra-basic cement of Hoffmann Green, that Ravate Professional markets. The Espace Bertel site started in November 2024. The whole will be delivered in February 2027. Already at the origin of the Le Village shopping center and programmer and manager of the Kerveguen Court offices, The company Inovista again plays a key role in the urban and economic revitalization of the district. Inovista was entrusted by Vinci and its property development subsidiary Ocidim, Partners of the Ravate Group in Operation Bertel, The search for a financing solution for its office part (6 300 m2).
Regulated oppi, fundraising and borrowing
No local professional investor being able to assume the cost of offices, 30 million euros (half of the total cost of operation Bertel), Inovista imagined a solution, Unpublished in Reunion, Based on the financial expertise of the Inter Invest Group and its real estate investment management company elevation Capital Partners. This solution, This is the creation of the first real estate collective investment organization (Oppi) Reunionese regulated by the Financial Markets Authority (AMF) : Indigo Reference. Guarantee of the seriousness and transparency of the investment organization, AMF regulation has paved the way for the confidence of national investors. To acquire the entire surface of the offices, Indigo Reference was able to raise for just over half of the cost (Almost 16 million euros) with 28 metropolitan investors of the Family Office type and creation and wealth management groups, With participations ranging from € 100,000 to 4 million euros. A fundraising supplemented by a loan to the CEPAC.
Invest in security in Reunion
The Bertel space operation thus expands the prospects for funding in the future of other activity parks of this importance in Reunion. She proves that we can place her money in Reunion under the same security conditions, transparency and efficiency in metropolitan France. Two thirds of the offices surface (4 300 m2) were already rented in early March. The main tenant, larger national companies, Present in Reunion, who will transfer its regional headquarters there, also helped convince metropolitan investors. As for her, The part of the businesses (just over 9,400 m2) was acquired by the Ravate group, The gym (1 300 m2) by the Keep Cool group and the 950 m2 dedicated to catering by a group from the CHR sector.
A new financial tool at the service of companies
Analysis of Vincent Le Baliner, co-founder and managing partner of Inovista : "With the Inter Invest Group, We share a lot of values and commitments, And investors were convinced, not only by the safety of the placement and by the quality of the main tenant, but also by the project team that we form, as well as by the quality of buildings, in particular their high level of energy and environmental performance. The operation thus combines first and records : First regulated OPPCI mounted in Reunion, biggest corporate real estate operation in Reunion for years, largest office surface area marketed locally, First fundraising with AMF. Without this financial structuring, The Bertel space could not have been done. »»
