La Française Real Estate Managers (REM) acquires an office complex in Boulogne-Billancourt (92)
November 29, 2016

La Française Real Estate Managers (REM) acquires an office complex in Boulogne-Billancourt (92)

La Française REM has acquired an office property from Delta Immo, a dedicated fund for the MAIF, managed by Swiss Life REIM (France).

La Française Real Estate Managers (REM) acquires an office complex in Boulogne-Billancourt (92)

La Française REM has acquired an office property from Delta Immo, a dedicated fund for the MAIF, managed by Swiss Life REIM (France). The asset is located 50 route de la Reine in Boulogne-Billancourt, which is today the third largest business centre in the region after Paris and
La Défense.

The property’s two buildings provide a total lettable floor space of 6,414 sqm. The first building, which provides 4,655 sqm over seven storeys, is fully leased to Les Nouveaux Constructeurs and offers 78 parking spaces. The second one is leased to Esprit de Corp.

The property is BREEAM “Very Good”, HQE (high environmental quality certification) and BBC certified.

This asset has been acquired on behalf of six collective real estate investment vehicles managed by La Française REM.

La Française REM was assisted by the notary office Allez et Associés, and the seller was advised by Cushman & Wakefield and by Maître Vincent Gérard from the notary office Les Notaires du Trocadéro.

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About La Française Group

For forty years, La Française has been developing core competencies in third party asset management.

La Française has a multi-expertise business model organized around four core activities: securities, real estate, investment solutions and direct financing. The group caters to institutional and private clients throughout the world. 

With 639 professionals and offices in Paris, Frankfurt, Geneva, Hamburg, Stamford (CT, USA), Hong Kong, London, Luxembourg, Madrid, Milan, Seoul and Singapore, La Française manages €65.8bn in assets (as at 01/01/2019).

La Française is a forward-looking responsible investor and as such, incorporates tomorrow’s challenges into today’s investment strategy.

La Française is owned by Credit Mutuel Nord Europe (“CMNE”), a banking and insurance group present in Northern France and Belgium.