Amundi and Primonial REIM to buy Hekla office tower in Paris

Amundi and Primonial REIM have agreed to buy the Hekla office tower in Paris La Défense from Hines and AG Real Estate.

Real estate firm Hines, in partnership with AG Real Estate, said it will sell the 48-story, 76,000sqm, Hekla tower following its completion in early 2022.

No financial details were disclosed.

Pedro Antonio Arias, Amundi’s director of real and alternative assets and Laurent Fléchet, CEO of Primonial REIM said: “With its 48 floors, the HEKLA tower will rise to a height of 220 meters.

”This asset, located in the heart of the La Défense business district, will benefit from the best environmental promises, consolidating Amundi Immobilier and Primonial REIM’s commitment to the issue.”

French investment manager Amundi and Primonial are buying the asset on behalf of the funds they manage.

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