Savills appointed to sell Hermes HQ in Paris for €100 mln (FR)

International real estates advisor Savills has been appointed to sell 13 -15 Rue de la Ville L’Evêque, Paris on behalf of a private investor for in excess of €100 mln.
Located in the heart of the Paris CBD, one of most sought-after office markets in Europe, the building features over 5,848 m² of lettable area. Redeveloped in 2006, the modern building is set out over four lower ground floors with car parking, ground and nine upper floors.
It has been fit out to a very high standard and features a restaurant, large reception, personalised communal areas, suspended ceilings and raised floors. The building is let in its entirety to Hermès International on a recently renewed nine year lease.
Tristam Larder, head of Savills European cross border team, comments: “Situated amongst other high profile headquarters, embassies, luxury hotels and high end residential properties, this building benefits from an unprecedented location in addition to excellent transport links. We anticipate this in addition to its modern design and fit out and strong secured income will appeal to both domestic and international investors.”
Source: Savills