By Richard Hook2018-06-18T16:04:00
Barings Real Estate has acquired an office building at 9 rue du Helder in Paris, from a private investor as part of its pan-European value-add real estate investment strategy on behalf of institutional investors.
The property, which is currently vacant, comprises 17,222 sq ft split across five floors including a mezzanine level on the ground floor. Barings intends to implement a comprehensive asset management strategy involving the complete refurbishment of the property to a grade A specification. Situated in the ninth arrondissement, the property is in the heart of Paris’ CBD in the Opera sub-district and provides excellent public transport connections through its close proximity to the Opera and the Saint Lazare train stations.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.