GDF Suez, advised by Jones Lang LaSalle's French office, has taken 8,500 m[sup]2[/sup] of office space in Lyon, representing the French city's largest office property leasing so far this year. The French utility will occupy the Monolithe office property, which has been developed by a joint venture of ING Real Estate and Atemi.
GDF Suez, advised by Jones Lang LaSalle's French office, has taken 8,500 m2 of office space in Lyon, representing the French city's largest office property leasing so far this year. The French utility will occupy the Monolithe office property, which has been developed by a joint venture of ING Real Estate and Atemi.
The project is currently owned by the Edissimo investment vehicle managed by French fund manager Crédit Agricole Asset Management. Monolithe is one of the most sustainable developments currently being built in the French city. The property, which will be delivered in June 2010, will bring together the numerous regional offices of GDF Suez in France.
Edissimo is a French SCPI investment vehicle with a market capitalisation of nearly EUR 1 bn. Office properties account for around 75% of its portfolio, with the rest consisting of retail, logistics and hotel assets.
