Sector: Real Estate
Country: France
Entry: Dec 2017
Exit: Jan 2021

Repositioning of a 15,400 sqm multi-let office property located in up-and-coming Paris’ 13th arrondissement

The property, built in 1987, comprises of office and storage space, a corporate restaurant and 245 parking spaces.

Paris’ 13th arrondissement is an attractive established area predominantly occupied by French and international institutional tenants. The site is within close proximity to key Metro lines and the area has benefitted from strong investment in recent years.

Trideca has been sold to European investment group Batipart and its partners ACM, Covea and BNP Paribas Cardif, leading French institutional investors.