NOVA PARK is a residence dedicated to businesspeople, made of fully furnished flats, some of them with underground car parks. In this 5 floor building, the flats are special units for 2 people (some of them can accommodate 4 people) and are the solution for short and medium stays. Located at the border of Arcueil and Villejuif (Val De Marne), this business tourism residence offers all services of a central residence near Paris. Nova Park benefits from all the amenities of a town-centre residence – with just a short distance from Paris. This development is purpose-built for business tourism to fulfil the housing needs of the Institut Gustave Roussy, and is ideally situated.

It is served by the Metro line 7 from Porte de Gentilly and the RER B from Porte d'Italie. It also has direct connections with Orly and Roissy-Charles de Gaulle international Airports and is very close to the Institut Gustave Roussy, Europe's leading cancer research centre.


WHY INVEST IN VAL DE MARNE?
Adjacent to Paris, the Département of Val de Marne boasts many advantages, making it one of the most attractive areas in the Paris region.
A health services hub with an international dimension, Val de Marne is Europe's leading centre of cancer research, and the second most important region in France for clinical medicine with over 200 laboratories. The food industry is also well represented, above all by Rungis Marché International – the largest wholesale market in the world for fresh products supported by just under 1,400 companies. Bolstered by this potential, Val de Marne has strongly focused on the vitality and development of its economy to create an ideal location to make a profitable and sustainable investment. The Département of Val de Marne is divided into seven areas, including Val de Bièvre, where Villejuif and Arcueil are situated. Created in 1999, the Communauté d'Agglomération (conurbation) of Val de Bièvre has a pool of internationally-renowned scientific expertise in the life sciences field and is part of the Vallée Scientifique de la Bièvre.

The area is currently home to a population of 185,000, 4,000 companies (including Sanofi-Aventis, l'Institut Pasteur, Chantelle Lingerie, and Cégetel Services to name a few), 10,000 students, 1,000 researchers and 25 hospitals.


TYPE OF INVESTMENT
This residence is marketed exclusive of VAT (HT) under the leaseback scheme.
Each unit benefits from a guaranteed commercial lease for 11 years and 11 months, with a yield of up to 4.95% excluding VAT on the selling price (excluding VAT and furniture).
The residence is to be delivered in late March 2009.

From Euro 154,114 including furniture, ex VAT


RESIDENCE FACILITIES
- Reception
- Lift giving direct access to the car park level, entrance level and each floor of the residence
- Indoor car park


ACCOMMODATION FACILITIES:
- Soft flooring in all dry rooms
- Walls coated in silk-finish acrylic paint
- Collective hot sanitary water system installed in the roof
- Electric heating on upper levels, ceiling-panel heating on the ground floor
- Double glazing
- 1 TV socket/1 tel