The office building Seine Avenue was acquired from The Carlyle group in November 2017.

On the Seine river bank in Asnières-sur-Seine, adjacent to La Défense, Seine Avenue is an office complex with excellent visibility.

The building was acquired with a significant vacancy (only 40% occupancy rate). A renovation project has been implemented to upgrade the lobby, increase the staff capacity and implement H2S (HEMISPHERE SMART SERVICES), a best in class service concept (flexible fitness, auditorium, co-working space, work café and collaborative rooms). Supported by a new marketing campaign, the ambitious letting strategy has been successful with the signing of 6 new tenants since acquisition and several re-gears of existing tenants.

The asset is currently 87% occupied.

The website: www.seine-avenue.com

Risk profile
Value Added

Date of acquisition
Nov 2017

Total area
23,500 sqm

Asset type
Office

Main tenants
SC Johnson, Xerox, Naf Naf

Certifications
HQE, BREEAM, Wired Score