Aviva Investors Real Estate France, a subsidiary of Abeille Assurances, has acquired the “Inpost“ building in Neuilly-sur-Seine. CBRE Investment Management sold the asset, on behalf of one of their separate account clients. Built in 1928, Inpost, a former post office, is an iconic corner building with outstanding features of Art Deco Architecture.
Located at 66-70 avenue Charles de Gaulle, in the centre of Neuilly-sur-Seine, between La Défense District and the Central Business district of Paris, an area composed of mostly residential neighborhoods and many corporate headquarters, the asset benefits from excellent accessibility by car and public transportation.
Fully refurbished in 2006, the property offers a total of approximately 4 500m² of office and retail spaces over a ground floor, five upper floors, and two underground floors with parking spaces. Organized around an open inner courtyard, the asset offers large functional office spaces with high ceiling heights and terraces on the top two floors. Fully let, the property features an NF HQE environmental certification.
Gregoire Bailly-Salins, Head of Transactions Europe at Aviva Investors Real Estate France commented: “We are delighted to have acquired a prime office building in the heart of Neuilly-Sur-Seine and to secure, on an off-market basis, Inpost which is one of the most iconic assets of the city”.