London-based Executive Offices Group, already well-established in the UK for its provision of unbranded office accommodation and services in prestigious locations, has just opened its first property overseas. The six-storey historic building is located in Paris, at 36 Rue Beaujon in the 8th arrondissement, a chic downtown business district near the Champs Elysees. It totals 1,725 m[sup]2[/sup] and will be another example of Executive Group’s successful Argyll brand. The company has invested EUR 5 mln in refurbishing the property. A second acquisition at the nearby 27/29 Rue de Bassano, covers 1,650 m[sup]2[/sup] and is due to open in autumn next year.
London-based Executive Offices Group, already well-established in the UK for its provision of unbranded office accommodation and services in prestigious locations, has just opened its first property overseas. The six-storey historic building is located in Paris, at 36 Rue Beaujon in the 8th arrondissement, a chic downtown business district near the Champs Elysees. It totals 1,725 m2 and will be another example of Executive Group’s successful Argyll brand. The company has invested EUR 5 mln in refurbishing the property. A second acquisition at the nearby 27/29 Rue de Bassano, covers 1,650 m2 and is due to open in autumn next year.
Executive's CEO Peter Allport said that the company is 'actively considering' other properties in the French capital, particularly in the 7th, 8th and 16th arrondissements. 'We have visited literally hundreds of prospective sites in Paris but our expansion policy depends on us identifying the finest properties in some of the most prestigious residential and commercial districts. In London we select only the most striking grade I and II listed historic buildings in the finest areas, and we are applying that approach to Paris also'.
