Maille Nord IV was acquired in June 2019 as part of a portfolio of 3 assets. Maille Nord IV is an office building located in the Mont d’Est business district of Noisy-le-Grand. The building is located in the heart of an office and retail district and connected to the tube line RER A and the A4 motorway. The sector is undergoing an urban regeneration program to reinforce its attractiveness. Accessibility will be strengthened by the future opening one tube stop away of three new tube lines of the Grand Paris Express.

Maille Nord IV was 57% leased to 2 companies at acquisition. A capex program is ongoing on the vacant space, lobbies and the M&E to upgrade the overall quality of the asset for the letting. An active and innovative marketing campaign has already allowed to secure two additional tenants since acquisition.

Risk profile
Value Added

Date of acquisition
June 2019

Total area
10,600 sqm

Asset type
Office

Tenants
Orange, BPI, CIC, Michael Page