Our convictions change over time, thank you to verify that your preferences always match your expectations.

Pins are saved using cookies. Deleting them from your browser will delete your preferences.

delete all my pins


La Française acquires 250 cottages and a commercial building in Allgäu Center Parcs in Germany

07 November 2016

La Française acquired, on behalf of a number of French institutional investors, an extension to the Allgäu Center Parcs holiday village in Baden Württemberg, Germany, from the Pierre & Vacances Center Parcs Group.

The development is located on a green field site in the city of Leutkirch in Allgäu. It will comprise 250 high-quality holiday cottages offering a surface area of 25,000 m² and a commercial building with spa, restaurants, shops and play areas of around 2,500 m².

This project forms part of a larger development in the Allgäu Center Parc, which involves building a total of 1,000 cottages. The full complex is scheduled for delivery by 31 December 2018.

The buyer has signed a development agreement with the German real estate development subsidiary of Pierre & Vacances Center Parcs Group. The cottages and commercial building will be let by the same group's German operating subsidiary under two separate 15-year commercial leases. Asset management will be handled by La Française Real Estate Partners, La Française’s specialist entity for institutional investors.

> Click here to read the full press release

La Française Group provides access to the expertise of a number of asset management companies around the world. To provide you with the most relevant information, we have developed an interface to present the full range of products available for your investor profile and country of residence.

Present yourself


Your country of residence

Your language

Your profile

When navigating on our website, you agree to this policy and consent to our use of cookies in accordance with the terms of this policy. Find out more.