Here is the latest update across all ongoing Lend real estate operations.
Operation 1 – Saint-Herblain Data Center
The vote to close the operation has already been successfully completed. We are now in the final stage and are simply waiting for the funds to be received, which is expected within the next 48–72 hours. The operation should therefore be fully closed and investors repaid by the end of this week at the latest, marking the successful completion of Lend’s first real estate operation.
Operation 2 – Vouziers
The Vouziers asset has now entered its resale phase. All the required documentation has already been transmitted to the notaries, and the process for the disposal of the property is currently underway. Based on the current timeline, we expect the sale process and the operation to be fully completed within the next 3 to 4 months maximum.
Operation 3 – Conflans | Construction Update
The Conflans project has reached a key milestone, with the main demolition and preparation works now largely completed. The drainage and water evacuation system has been restored, while approximately 80% of the asbestos-containing roof has been removed. The remaining section is temporarily being maintained to keep the building watertight. Inside the property, approximately 300 sqm of double flooring and the wooden suspended ceilings have been fully demolished. The elevator, cold rooms, obsolete electrical networks and remaining equipment have also been completely removed. The next phase will focus on the structural works, new concrete floors, external walls, façade and exterior joinery, marking the beginning of the reconstruction phase. Photos below illustrate the progress achieved on site.
Operation 4 – Besançon | New Club Deal
Our fourth operation is now underway in Besançon. The project involves the acquisition and transformation of a former technical building into a residential property, with a complete redevelopment strategy designed to create new residential units. This operation will be structured as an exclusive club deal, and the fundraising process has already started.
For more information about the project, investment structure and terms, feel free to DM us directly on Telegram:@LucasLend or @NathanLend