Following the off-plan lease entered into with Orange in February 2017 and the off-plan sale signed in March 2018 for €95 million excluding duties, Icade handed over an 18,196-sq.m office building in Villejuif (Val-de-Marne) to the Elysées Pierre SCPI fund managed by HSBC REIM on July 10, 2020. By leasing this office building, Orange will be able to bring together some of its teams from 6 different sites in southeast Paris under one roof. The Orange Group’s Real Estate Department welcomes this handover which underscores its involvement in transforming and modernising its operations.

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Anne-Violette Faugeras

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Marylou Ravix

Press Relations