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ICFG France successfully advised The Magellim Group in its financing round

Born from the merger of FONCIÈRE MAGELLAN, a real estate asset management company, and MAGELLIM DEVELOPPEMENT, a real estate developer, MAGELLIM is an integrated real estate player. Directed by Steven PERRON and Julien BELLEC, the MAGELLIM group has a turnover of nearly 40 M€ in 2020, with a team of about thirty people located in Paris, Nantes, Strasbourg and Lyon. The management company, approved by the AMF since 2014, currently manages more than €1 billion and specializes in investment in commercial and industrial real estate in the regions.

Advised by DEOMENOS, the Group has raised a €10 million financing line involving a banking pool composed of CAISSE D’EPARGNE and BANQUE POPULAIRE GRAND OUEST, arranged by Helia Conseil. This new source of financing will enable the Group to accelerate its growth and finance part of its external growth strategy.

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