CBRE IM acquires Paris office building for Cicerone Fund
CBRE IM acquires Paris office building for Cicerone Fund
  Deals  |  Investments  |  Office  |  Europe

CBRE IM acquires Paris office building for Cicerone Fund

The deal was brokered via ENOMA Investment.
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RE+D magazine
24.10.2022

CBRE Investment Management (advisor) and the international acquisition platform of the Cicerone Fund (Cicerone RE Holding BV), managed by Fabrica SGR, have completed the acquisition of an office building located at 33 rue d'Artois, in Paris’s 8th. The vendors were Atland and PGGM.

Built in 1923 and benefiting from a prime location in the heart of Paris’ CBD, this former private mansion has been comprehensively redeveloped to the highest technical and environmental standards, while preserving and enhancing its historical features. 

Comprising seven floors above ground, the asset benefits from views on two sides and a private garden. It is fully leased to a leading French organisation and is ranked BREEAM Very Good, HQE Excellent and Wiredscore Gold.

The deal was brokered via ENOMA Investment. CBRE IM and Cicerone RE Holding BV were advised by Allez & Associés, Allen & Overy, Reedsmith and Property S². ATLAND and PGGM were advised by C&C notaries.