The 42,000 m² Cityscope office tower (formerly known as the T9 tower) is located in the city centre of Montreuil and was acquired from the Carlyle group in October 2015.

The building had significant vacancy at acquisition. By following a complete redesign campaign, paying particular attention to adding services and upgrading the communal areas and the lobby, full occupancy was successfully achieved within 18 months. The occupancy was based on long term leases with reputable tenants from both the public and private sectors.

The asset was sold to a French institutional investor (La Française) in October 2017.

Risk profile
Value Added

Date of acquisition
Oct 2015

Total area
42,000 sqm

Asset type
Office (high-rise building)

Main tenants
SOPRA STERIA, UNIVAR, AFPA, France ACTIVE, PAGES JAUNES

Certifications
HQE, BREEAM-In Use