13 January 2015
Cegereal lets 4,200 sq.m in the Arcs de Seine building
Cegereal has signed two new six-year leases on 4,200 square meters of office space in the Arcs de Seine building, raising the property’s occupancy rate to 97%.
The new Arcs de Seine tenants are:
- Amgen, the U.S.-based, Nasdaq-listed biopharmaceutical research, development and marketing company, which will occupy 2,800 sq.m of space (D&B rating: 1).
- Exclusive Networks, a French provider of innovative IT security, storage and networking solutions, set to occupy 1,400 sq.m of space (D&B rating: 1).
Arcs de Seine is located on the banks of the Seine on Quai du Point du Jour in Boulogne-Billancourt. The property was entirely renovated in 2012. Arcs de Seine is the fourth office building in France to earn both HQE Exploitation and BREEAM In-Use International Very Good environmental certification.
In carrying out the above transactions, Cegereal was advised by Commerz Real on asset management, Cushman & Wakefield on marketing and Clifford Chance on legal matters.
Listed on Euronext Paris since 2006, in compartment B, Cegereal invests in very large prime office properties located on the outskirts of Paris. The portfolio’s appraisal value, as estimated by independent valuers DTZ Eurexi as of December 31, 2013, is €900 million (replacement value).
|- February 13, 2015||2014 annual results (before start of trading)|
|- April 15, 2015||Annual Shareholders' Meeting|
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