Paris, France

Business

Télécharger le pdf

| Business

BNP PARIBAS REIM ACQUIRES PALATIN II AND III IN LA DÉFENSE NEIGHBOURHOOD ON BEHALF OF SCPI ACCIMMO PIERRE



Accimmo Pierre, an SCPI managed by BNP Paribas REIM France, acquired the buildings Palatin II and III in La Défense - a major business district in the outskirts of Paris - from Commerz Real. Both office buildings develop over 23,000 sqm across 7 floors and are currently being renovated for delivery in Q3 2018.

Once the renovation works are completed, the buildings will benefit from 3,300 sqm of renovated spaces with a full-range of integrated services, including new catering areas, a club, terraces and a completely refurbished foyer. Palatin II & III already have the HQE Exploitation label and aim for a BREEAM In-Use "Very Good" rating.

Fully let until 2015 by the audit firm KPMG, the property is already partially let to a French company specialized in electricity supply. The company signed a lease for 13,000 sqm in April. The move-in is planned for 2018.

The asset is located in La Défense, a leading European business district with 3.6 million sqm of offices, several headquarters and a shopping center, just 500 meters from a major transport hub.

Guillaume Delattre, Managing Director of BNP Paribas REIM France, said: “Once revamped, these low-rise buildings -enjoying light and view- will offer the best compromise for La Défense users thanks to its immediate proximity to a major transport hub, quality services, technical delivery and a standard available floor of over 2,200 sqm at a particularly competitive price point.”

BNP Paribas REIM France was advised by the notary office Thibierge & Associés - Commerz Real was advised by the notary office Wargny Katz.