French portfolio manager Allianz Immovalor has acquired the new generation Aerosky office building in Nantes from Icade for €25 mln on behalf of its Allianz Value Pierre REIT.

Aerosky

Aerosky

Located in the Haluchère - Batignolles district, near to the Beaujoire stadium, the 9,000 m2 property is designed to offer the best balance between simplicity, user-friendliness and use.

It incorporates the best environmental and sustainability standards in its design and will be certified as an High Environmental Quality sustainable building and E+C- level E2C1.

Designed by Reichen et Robert & Associés and built by Icade, the real estate complex is perfectly divisible and equipped with several terraces, in line with the 2020 Environmental Regulations.

Christian Cutaya, CEO of Allianz Immovalor, said: ‘The Aerosky transaction is perfectly in line with the roadmap set for Allianz Immovalor at the beginning of 2022 and will be an excellent contributor to the performance of the Allianz Value Pierre REIT, which is marketed as a unit trust. This transaction also demonstrates the ability of Allianz Immovalor's teams to identify opportunities with high value creation potential, which will be fully exploited by our experienced asset management team. The environmental qualities of the building set the trend for Allianz Immovalor's standards in this area, while our funds are in the process of obtaining SRI certification. We sincerely thank Épopée Gestion for their intervention as advisors to the acquisition.’

The building's location features excellent public transport links, thanks to line 1 of the tramway providing a direct link with the TGV station, and direct access to the ring road.

Allianz Immovalor's asset management team will oversee the marketing of the property.

For this transaction, Allianz Immovalor relied on the local expertise of Epopée Gestion's Sustainable Real Estate teams, who acted as advisors for the acquisition.

Tourny Meyer accompanied the buyer and the seller as real estate advisor in this transaction, while Screeb notaires and Auris were responsible for the technical due diligence.