AM ALPHA has completed revitalising the office property acquired in 2021 on Rue de La Banque in Paris and successfully positioned the property on the market. AM ALPHA secured ANJAC as the single tenant, which will occupy the entire building long-term.
Located in the heart of Paris, the office property is situated right next to the former Paris Stock Exchange and just a few minutes away from the Palais Royal, the Place des Victoires and the Opera. Over the past two years, the Haussmann-style building with its historic facade has been completely refurbished and adapted to the requirements of today's working world.
“Our project in Rue de La Banque shows how historical substance and future-orientated use can go hand in hand. It is a prime example of our key expertise in recognising potential in properties and using our know-how to create sustainable value,” said Philipp La Rosee, Managing Director at AM ALPHA. "The successful revitalisation and subsequent full letting of this high-profile property confirms our expertise that, together with our local team in Paris, we can generate long-term value for our investors by developing value-add projects for core properties, even in a very competitive market.”
Image provided by AM ALPHA.
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