The two-year transformation program has successfully repositioned the historic 45,000 sqm building while maintaining high occupancy levels.
Located in Paris’s central business district near Parc Monceau, the building’s metamorphosis represents much more than mere aesthetic upgrades. According to the managing company, it stands as a masterclass in risk management and tenant retention.
Remarkably, approximately 60% of the space was released during the construction phase, demonstrating unprecedented confidence from both existing and new tenants.
This achievement is even more impressive considering that the building remained fully operational throughout the renovation, housing 3,000 office employees on its one-hectare site.
What sets this project apart for investors and developers is its innovative approach to integrating ESG principles with measurable financial returns. The building is targeting an impressive array of certifications, including HQE Bâtiment Durable 2016 at the Excellent level, BREEAM Refurbishment and Fit-Out 2015 at the Excellent level, and multiple technology-focused certifications such as WiredScore and SmartScore.
