The 8,120 square metre post-Haussmann style complex comprises two interconnected buildings of six and eight floors. The property will be refurbished to prime standards through an ambitious program to optimize the working and tenant service areas, in accordance with key environmental certifications. The complex is very well located in the axis between the Central Business District and La Défense, adjacent to the Argentine metro station (line 1).
The building is also located on the edge of Porte Maillot, an area where numerous redevelopment projects are set to be unveiled in the coming years. Transport infrastructure is also being developed there, notably with the construction of line E of the Grand Paris Express rail network and Tramway T3, whose Porte Maillot stop will open in 2022.
This transaction follows the acquisition of Lagardère’s headquarters in Levallois in 2017. In 2018, Ardian Real Estate acquired the historic Europe 1 radio station’s headquarters Rue François 1er and another building, Place Rio de Janeiro, both in the 8th arrondissement.
LIST OF PARTIES INVOLVED
Purchaser’s advisors: Victoires Notaires, Linklaters, De Pardieu, Arsène-Taxand, JLL, Orféo
Architect: Franklin Azzi
Seller’s advisors: BlueBird Immobilier
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