London, England, 23 May 2022 – FREO Group (‘FREO’), the trusted operating partner of global investors, has completed the sale of 22 QG, a seven-floor, 10,000 sq m office building in Suresnes to ATLAND, one of France’s leading SPCIs.
FREO originally acquired the asset in the western suburbs of Paris as a value-add investment in 2018 alongside a co-investor. Since then, it has completed an active asset management programme to reposition and increase the value of the asset, including a comprehensive refurbishment to improve the quality of the common areas and office space and the leasing of void space.
Following this, 22 QG offers high quality space designed by architecture firm, Studio Vincent Eschalier, and a range of services attractive to tenants, including a restaurant, a cafeteria, shared meeting rooms, changing rooms, more than 1,000 sq m of terraces, a bike room and 232 parking spaces. It is now 97% let to a variety of tenants.
Read the full press release at the link below
Supporting documents
Click link to download and view these filesFREO Group completes sale of Paris suburb office
PDF, Size 60.76 kb
