AXA seals 175,000 m[sup]2[/sup] French office lettings in 2011

AXA Real Estate signed 96 leases representing a total of 175,000 m² of space across its French office portfolio in 2011. This is a 23% increase on the total of 142,000 m² of lettings in 2010.

During 2011, 58 of the deals - representing 63,000 m² - were generated by new leases, while the remaining 38, accounting for 112,000 m² of space, comprised lease renewals and extensions.

AXA Real Estate also announces the pre-letting of the entire building 17 Avenue Matignon to international law firm Hogan Lovells on a long-term lease. The building, developed by AXA Real Estate, will serve as Hogan Lovells' French headquarters and comprises 7,000 m² of office space.

Located in Paris 8th arrondissement, the building is managed by AXA Real Estate on behalf of an institutional client and is due for delivery in April 2012.