This 7-storey, wood-framed building has obtained top environmental labels and certifications, namely HQE, BREEAM, BBCA (low-carbon building) and E2C1. It is part of a strategy to maximise the value of Icade’s Office Property Investment Division’s land bank, in line with its growth trajectory.
The lease will commence in 2020 and will have a positive impact of over 2% on the financial occupancy rate for Icade’s Office Property Investment Division.
The signing of this lease has allowed Icade to continue to expand its portfolio in northeast Paris. In addition, as soon as the necessary permits are obtained, Icade will start construction on the 18,000-sq.m Jump building, which includes 4,000 sq.m of hotel space, located next to the Pulse building on Place du Front Populaire.