Our conviction We regard Les Jardins d'Arcadie in Arras as an operation with real coherence in the senior service-residence market. Its appeal rests on the combination of a town-centre location, a restored heritage complex and an offer of homes and services designed to preserve residents' independence. Located in the former Augustinian convent, rue Pasteur, the residence benefits from proximity to shops, services and the venues of the historic centre. In our view, this location is a decisive asset: it allows residents to keep their habits, make getting around easier and maintain an active social life. For the investor, this quality of use gives meaning to the property positioning of the operation, complemented by operation under the Les Jardins d'Arcadie banner and a commercial lease with a firm term of ten years. The leading arguments A location in the heart of Arras' historic centre, at 13 rue Pasteur, close to shops, restaurants and services, allowing residents to enjoy a practical and independent daily life. A lively living environment, close to the Grand-Place and the Place des Héros, which encourages outings and exchanges, beyond the activities offered within the residence. A TGV station within walking distance, making travel and visits from relatives easier, a valuable factor in maintaining family ties. A restored heritage complex in the former Augustinian convent, combining the architectural character of the site with homes adapted to contemporary uses. This identity is a differentiating factor in the local residential offer. A residence of 103 homes provided for in the lease, with an offer marketed as T2 and T3 apartments of 47.10 to 75.60 m², meeting the needs of single people as well as couples wishing to keep a genuine living space. Furnished and equipped apartments, complemented by social and leisure spaces: TV lounge and library, gym, beauty area, gardens and cloister. These facilities contribute to the pleasure of the stay and to the residents' social life. Operation entrusted to the company Les Jardins d'Arcadie Exploitation, allowing the owner to delegate day-to-day management of the homes and the reception of residents. A commercial lease with a firm term of ten years from its start date, offering the investor a long-term contractual horizon. An announced yield of 4.20% excl. VAT / excl. VAT, calculated on the total price excl. VAT including the property, the furniture and, where applicable, parking, before the investor's own charges and taxation. Rents payable quarterly in arrears, with annual indexation based on the IRL according to the tiered mechanism provided in the lease. The operator bears routine upkeep, the maintenance and necessary replacement of furniture, as well as the condominium charges provided for in the contract, making the investment easier to manage. Our view We regard Les Jardins d'Arcadie in Arras as a residence whose heritage interest rests above all on the quality of its location and its fit with seniors' expectations. Proximity to amenities, the surfaces offered and the shared spaces form a coherent whole for residents wishing to combine independence, comfort and conviviality. The combination of a restored town-centre heritage property, a specialised operation and a ten-year lease commitment constitutes, in our view, a relevant positioning for an investor seeking a characterful property asset with delegated management. Studio operated by Gestetud Commercial lease until 07/ (please use the form to respond ) Actabilité: T3 (please use the form to respond ) DAT: T3 (please use the form to respond ) Yield: 4.20% excl. VAT / excl. VAT Fees: SAPHIR Estimated property tax: EUR 15/m² Investment expressed excl. VAT (VAT borne by the developer). RE 2020
