New Wave is a 22,200 sqm office building featuring a ground-floor retail unit, located at Porte des Lilas in the 20th arrondissement of Paris. 

The property enjoys exceptional visibility from the Boulevard Périphérique, situated in a strategic location that connects Paris to the business districts of the East, specifically Montreuil and Bagnolet. 

The complex offers workspace at the highest international standards, including divisible floor plates of approximately 3,900 sqm where 87% of office areas benefit from natural daylight. The asset also boasts premier environmental certifications. 

To drive the successful leasing of the project—which has seen occupancy grow from 30% at acquisition to 70% today—the Hémisphère Smart Services (H2S) concept has been implemented. This integrated hospitality approach includes an on-site hospitality manager, a coworking-style restaurant, shared meeting rooms, a versatile flat-floor auditorium, VIP dining rooms, and a “work café.” Occupants also benefit from a digital concierge service, a dedicated building app, and extensive wellness facilities including a fitness center, boxing gym, and massage/physiotherapy spaces. 

Risk profile
Value-Add

Acquisition date
December 2020

Total Surface Area 
22,200 sqm

Asset Class 
Offices & Retail (Ground Floor) 

Tenants
Berim, CBRE, Stélogy, Harvest, Mutuelle IntégranceEstiam, Groupe Global, Zuru 

Certification
BREEAM, HQE, EFFINERGIE + 

Plan de localisation
Point de localisation