Generali Real Estate acquires prime office complex in Issy Les Moulineaux, Paris

Generali Real Estate has completed the acquisition of the prime office building “Bords de Seine 2” on behalf of “Generali Europe Income Holding (GEIH)” and “GF Pierre”, two pan- European funds managed by Generali Real Estate SGR. The seller is BNP Paribas REIM for the fund BNP Paribas Diversipierre.

Bords de Seine 2 is a 19,720 m2 office building located in Issy les Moulineaux, in the immediate southwestern suburban area of Paris, lying on the left bank of the river Seine.

Built in 2003 and renovated in 2014 with high quality standards and an HQE exploitation label, the building is conveniently located in the business district of Issy les Moulineaux and well connected by public transport with the rest of the Paris Region, even more with the future Grand Paris station “Issy RER”.

The office complex is entirely leased to two major French financial institutions.

The acquisition is fully in line with Generali Real Estate’s strategy to invest in high-quality buildings in the most important and resilient European cities such as the Paris Region, and confirms the relevance of the French market in the company’s investment strategy.

Generali Real Estate is among the main European players in the office sector, with more than 900 office properties across Europe.

You can now read the full press release at the link below 

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