PGIM Real Estate set to purchase office in Clichy

PGIM Real Estate offices in Clichy

PGIM Real Estate has signed a forward purchase agreement for the development of SWELL, two office buildings in Clichy, France. The transaction was executed off-market on behalf of investors of a discretionary pan-European value-add fund.

The property comprises two 104,410 sq ft buildings and is located in the urban development zone of Bac d’Asnières, which is currently being redeveloped and will host mixed-use office, industrial and residential space. Due for completion in 2020 by developer OGIC, SWELL was designed by architect Jean Baptiste Pietri.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

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.

Registered users and subscribers SIGN IN here to continue