Cookie Use Notification

This site uses cookies to provide you with a more responsive and personalised service.

By using this site you agree to our use of cookies as set out in our cookie notice. Please read our cookie notice for more information on the cookies we use and how to delete or block the use of cookies.

Unibail-Rodamco - Sale of an 8,000 sq.m office building located at 3-5 Boulevard Malesherbes, in the heart of the Paris CBD, comprising retail space on the ground floor


Click to Enlarge

The Challenge

The challenge was to sell one of the most striking properties in the Paris CBD, a trophy asset and former headquarters of the vendor. The office space is fully let to a large, international law firm at prime market rent and the retail space is occupied by national retailers.

Thanks to the quality of the asset, Cushman & Wakefield were able to secure the current rental value of the property and insist on the future potential rental upside of the retail units, given their location near Madeleine and Rue Royale.


The Solution

Thanks to their expert knowledge of investor requirements, Cushman & Wakefield drew up a shortlist of potential purchasers to approach, who they knew would be keen on acquiring the asset.

Despite the short timeframe, a number of these investors put in an offer for the acquisition of the property.


The Results

Generali acquired the property under the conditions set out by Unibail Rodamco SE.

Contact

Nathalie Razafine

Head of National High Street Retail

Paris, France

Phone +33 1 53768042

Contact me