Cushman & Wakefield has been selected by Union Investment to deal with the management of its assets.
Under this new partnership, Cushman & Wakefield will manage the HQE office property, Kinetik, located in Boulogne Billancourt (Paris region). With a dual certification, BBC and BREAM, Kinetik will meet the latest environmental standards. The property will provide nearly 15,828 sq. m. of commercial space, including 14,370 sq. m. of office space, 650 sq. m. of retail space and 806 sq. m. of restaurants, upon delivery in January 2014.
Stéphane Bureau, Managing Director of Property & Asset Management at Cushman & Wakefield and his team will provide technical, administrative and accounting management of this iconic building in the western Paris suburbs.
"We are proud of this new and ambitious partnership with Union Investment. This mandate, managed with the support of the Large Property Complexes team, reinforces the positioning of Cushman & Wakefield on latest generation assets. The department now counts 2.4 million sq. m. of assets under management" says Stéphane Bureau.