La Française Real Estate Managers (REM) has acquired the Campus Cyber office building from French developer Altarea for an undisclosed sum.
Campus Cyber is a new 26,500sqm office building located at 5/7 rue Bellini, in the heart of La Défense, a leading business district.
La Française REM, which made the acquisition on behalf of investment vehicles, said the asset is fully leased for a period of 10 years.
Philippe Depoux, chairman of La Française Real Estate Managers, said: “We are proud to be investing in a building that can truly be said to be iconic in many different ways in terms of its architecture, its sustainability credentials – it is one of the very rare assets aligned with the Taxonomy – in terms of technology and services, as well as cybersecurity, which is in line with our group’s commitment to sustainability.”
Adrien Blanc, chairman of Altarea Entreprise, said: “We are very proud to have closed this deal with La Française Real Estate Managers, a move that consolidates Altarea Entreprise’s ability to carry out large-scale projects for leading players on the market.
“This building offers everything needed by the office of the future: an exceptional location; flexible and convertible spaces with services tailored to individual company needs; and an environmental performance that fulfils the highest-level international standards.”
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