CNP Assurances is acquiring from Invesco Real Estate an office building of more than 11,000 sq. m in the heart of the Etoile district in Paris. Fully leased to a major international investment bank, whose head office it houses, the complex was completely restructured between 2017 and 2019 and has been awarded a quadruple environmental label.
The office complex located at 173-175 boulevard Haussmann in the 8th arrondissement of Paris has all the features of a prime asset:
• An excellent location right in the heart of the Etoile district, in a dense and dynamic tertiary environment hosting numerous national and international companies,
• Excellent public transport (5 metro lines and the RER A line nearby) and road links (proximity to major Parisian routes),
• A restructured asset offering a level of technical services and facilities that meet the highest international standards,
• A building awarded a quadruple certification / environmental label: HQE “Exceptional”, BREEAM “Excellent”, BBC Renovation and WiredScore “Gold”.
Daniel Thébert, Director of Real Estate Investment and Infrastructure of CNP Assurances, says: “Located in the heart of the Etoile district in Paris, this completely restructured office complex, leased to a major international investment bank, represents an attractive investment for CNP Assurances and its policyholders, to whom we offer to boost their savings with real estate unit-linked accounts. The complex has also obtained four environmental certifications and labels, making it a benchmark in its market.”
Advice on the operation:
CNP Assurances was accompanied by the following advisors:
- Asset manager: La Française REM
- Notary: Wargny Katz practice
- Legal: Herbert Smith Freehills law firm
- Fiscal: KPMG auditing firm
- Technical: Artelia
- Environmental: Burgeap
- Energy: Thermaviva