Following the success of its inaugural Investment Evening in June 2022, which saw 17 lots sold for a total of 9 million euros, Ikory Properties is excited to announce its second edition on Tuesday, October 18th, at 6:00 PM, at the Salons Hoche. This time, investors will have access to new types of assets, including parking spaces, commercial spaces, and offices, all offered with discounts of up to 25%. This event provides an opportunity to explore investment and diversification options tailored to individual strategies and circumstances, featuring over 90 lots.

Introduction of New Real Estate Asset Classes at Discounted Prices for One Evening In June of the previous year, Ikory Properties, a division of the Ikory Group dedicated to lot sales, attracted considerable attention from prospective buyers. The concept of private sales applied to real estate garnered interest, with a focus on investments in existing residential properties (67% of properties offered during the first Investment Evening).

For the second edition, participants will have the chance to access new types of assets. In addition to residential properties, both new and existing, parking spaces, commercial spaces, and offices will also be available for sale with discounts. For example, a lot comprising 7 vacant parking spaces in the 13th arrondissement of Paris, estimated to yield a gross return of 5.5% and a potential rent of €8,500, will be offered with a 17% discount for the evening. Likewise, a vacant office space measuring a total of 403 m2 in Malakoff (92), with an estimated gross return of 5.6% and a potential rent of €105,000, will also be presented by Ikory Properties at a discounted price of €1,866,000.

Of course, prospective buyers will also find a selection of residential opportunities, the core expertise of the Ikory Group. For instance, a beautiful 147 m2 Haussmann-style apartment on Avenue Carnot in the 17th arrondissement, currently rented and occupied, will be offered at a 14% discount for the evening, priced at a special rate of €1,626,000. With the estimated potential rent (€56,367) surpassing the current rent, this property represents an investment opportunity that may appeal to buyers seeking high-value operations.

Diverse Investment Solutions Tailored to Individual Needs and Goals (Tax, Wealth, Return)

In the current tumultuous context, investors have not abandoned real estate. The real estate market maintains a certain stability that is not as evident in stock markets, which have experienced accumulated losses ranging from 10% to 25% since the beginning of the year. The CAC 40 (Paris stock exchange index) and the DAX (German stock exchange index) have both decreased by 14%, while the Nasdaq (New York stock exchange index) and the S&P 500 (index of the largest 500 American companies) have depreciated by 26% and 15%, respectively. Real estate remains a safe haven for investors.

Through these investment evenings, Ikory Properties succeeds in offering various investment solutions based on potential investor profiles and individual circumstances (allocated budget, experience level, etc.). For those seeking income-generating placements or high-value operations, Ikory Properties, for instance, offers commercial spaces in the 15th arrondissement of Paris. This set of service rooms, totaling 122 m2, will be available at an attractive discounted rate of €7,746 per square meter for the evening. Investors will have the opportunity to consolidate these lots, transform them, and re-rent them as rooms or apartments, allowing for potential increased rental income post-operation.

For the first time, Ikory Properties will also offer several properties under “déficit foncier” (tax deficit) for those who prefer a tax-focused strategy. For example, in Asnières, a 30 m2 apartment will be offered at €144,700, with renovation costs of €69,071, an estimated gross return of 4.8%, and a potential rent of €10,213. This scheme, involving the acquisition of properties requiring renovations, allows the cost of these renovations to be deducted from rental income. Other tax-related opportunities will also be available for new properties, including several properties offered under Pinel, LMNP, or nue-propriété schemes. Lastly, buyers interested in a purely wealth-focused strategy can explore more traditional assets in occupied existing properties.

The Occupied Property Sales Market: A Strategic Leverage for Professionals

During the first Investment Evening, Ikory Properties highlighted the advantages of acquiring occupied real estate. Beyond an average discount ranging from 8% to 15% off the sale price (potentially up to 25% based on the remaining lease duration), occupied properties offer additional benefits to investors, such as reliable historical data about the existing tenant. Through these private sales, individuals also gain quality assurance in terms of leasing and asset maintenance, as the properties originate from major institutional owners.

For institutional or major property owners, occupied property sales remain advantageous. As Éric Fintz, Associate Director of Ikory Asset Management, points out, “This approach enables them to streamline their portfolios and sell assets instantly, without waiting for lease expirations. It’s an opportunity to minimize the selling time for often less liquid products. Ikory’s Investment Evenings thus offer a dual aspect, providing an asset management solution for the sale of occupied lots.”

Already considered a leading player in the residential real estate sector, Ikory, through these Investment Evenings and proactive management, aims to become a key player in occupied property sales in France, catering to both buyer and investor-seller needs.

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