LaSalle, acting on behalf of the pan-European fund Encore+, has acquired high-quality office development on rue Jeanne d’Arc from AG Real Estate. Located in the 13th arrondissement, the asset enjoys close proximity to the world's largest tech start-up incubator, Station F, which was opened in 2017 under the initiative of Xavier Niel. The purchase price was not disclosed.
The deal involves the development of a new 9,800m² building, constructed with tenants in mind. It offers individual and collaborative workspaces, a rooftop on the 8th floor, and private parking amongst many other amenities. It will be available for tenant occupation in the summer of 2021.
Designed by Atelier du Pont, the building will comply with norms and standards relating to energy efficiency, with a high standard of sustainability and connectivity, such as standard RT 2012 -40%, HQE sustainable building passport “excellent level”, “Very Good” for BREEAM, “Gold” for WELL as well as “Gold” for WiredScore.
David Ironside, Fund Manager for Encore+, says: “This asset is an outstanding example of the location-focused strategy of Encore+, with strong DTU+E credentials and in a strategic location with a mixed-use environment. Our teams actively seek out opportunities in dense locations with strong demographics, technology industries, and excellent public transport connections. We look forward to welcoming our tenants in 2021."
