Primonial REIM France, acting alongside EDF Invest and fund management Samsung SRA, has completed its acquisition of the “Influence” office complex in Saint-Ouen (Ile-de-France, northern Paris) from funds managed by Tishman Speyer. The “Influence” office complex's sole tenant is the Île-de-France’s Regional Council under a 12-year long-term lease.
Delivered in 2017, the complex was designed by Jacques Ferrier Architectures, and offers nearly 33,000m² of leasable space. The scheme comprises two seven-level building structures. Influence features a number of high-quality features that meet the very latest international standards sought by large-scale users. These include high ceilings, spacious offices with direct sunlight structured around a central garden that can be divided up to adapt to changes in work patterns, a wide selection of top-of-the-range services, such as two company restaurants, a concierge service, a general public conference room, a gym and 2200m² of green spaces and terraces. The building also meets high environmental standards, as illustrated by its dual certification: BREEAM (Very Good) and HQE (Excellent).
Influence is situated in Saint-Ouen (Ile-de-France) on the outskirts of Paris, overlooking the River Seine in the new Docks eco-district. It is easily accessible by private and public transport.
Gregory Frapet, CEO of Primonial REIM France, said: “We are delighted with this sale completed alongside EDF Invest and a Samsung SRA fund, and to have the Ile-de-France Regional Council among our tenants. This acquisition is in line with our strategy of investing in sustainable office blocks which meet very high environmental standards and which feature modular working areas and numerous services for the comfort and well-being of their users. By investing in mixed-use urban spaces – such as the Docks eco-district – we are helping to transform and enhance the value of the city, while at the same time providing our investor clients with long-term security regarding their revenue through long leases entered into with the building's tenants”.
