General Discussion

Portrait de cordiez

L’Atrium (Blagnac) - 2 Feb. 2010 deadline

27 Janvier 2010

Good morning,

Please be aware that the deadline for filing a claim in L'Atrium's Receivership proceedings is, for overseas-based investors, 2 February 2010.

Claims should be submitted, by registered mail (with a receipt for the addressee to sign), to:

Liliane Vinceneux
Mandataire Judiciaire
5 rue du Prieure BP 28027
31080 Toulouse Cedex 6
France

Beyond that date, all claims for debts that have arisen before 17 September 2009 will be time-barred.
http://www.solicitor.fr
Regards,

cordiez

Non renewal rules change

24 Janvier 2010

Hi. I'm currently at the final stage of signing for a leaseback with the Notaire. I have been asked to sign an additional document because of changes to the compensation rules for non renewal of a commercial lease which came into force on 23 December 2009. Does anyone know what these mean and if they are positive?

The second paragraph of Aricle L145-14 details the possible compensation for non renewal:

Lavagnac

13 Janvier 2010

Hi there,

According to my due diligence, I decided not to buy with lavagnac

development :

7% return during 23 years based on EUR 6500 / sqm is simply not

sustainable for the Address, the management company from Dubai which

knows nothing about France (especially the very high labor costs)

the developper is english and not French : I 've always heard that a good

developper is most of the time a national or local. ie. i ve talked with a

cafe tenant and a winemaker in pezenas complaining about this modern

architecture

Positive stories

17 Novembre 2009

Am looking to buy a leaseback property in either Paris or the South of France and the stories on this forum make me a little nervous. Does anybody have positive stories to counter-balance the negative ones? Any recommendations for solid, reliable leaseback management companies/developers?

Many thanks,

Chris

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