Fairway advised Remake on the acquisition, on behalf of its SCPI Remake Live, of a building located at 134 rue Blomet / 56 bis rue de l’Abbé Groult in the heart of the 15th arrondissement of Paris.
This freestone corner building has a floor area of almost 750 m2, with a basement, first floor and four upper floors. It will be the first Fratries inclusive coliving facility in Paris. Defined as a “social utility” project, the building will be entirely renovated to accommodate Fratries, a coliving operator offering shared accommodation for young working people with and without mental disabilities and autism spectrum disorders. The building will accommodate 16 young working people, who will have furnished rooms with individual bathrooms, large common areas, a gym and coworking facilities, as well as a studio that can be privatized for inviting family and friends.
The building will also provide “quality” support for people with disabilities, thanks to the presence of an on-site manager and life coaches who will be on hand at key times of the day.