In La Défense, Gecina has signed a lease for 2,500 sq.m in the Carré Michelet building, with 90% of its space now let. In Boulogne-Billancourt, Gecina has let more than 4,000 sq.m of Anthos, taking its project pipeline’s pre-letting rate up to 43% for the projects scheduled for delivery in 2021 and 2022.
For Carré Michelet, the new lease, with a firm six-year period, will come into effect from September 1, 2021. The new tenant, a major industrial group specialized in decorative paint, will use this space for its headquarters. Alongside the existing tenants MSD, Novo Nordisk, Wano PC and CGI, this new lease takes this asset’s letting rate up to over 90%.
Delivered at the end of 2019 following an ambitious redevelopment operation, Carré Michelet, a non-high rise building, offers a total of 37,100 sq.m, with 1,400 sq.m of accessible outdoor spaces, including terraces, an interior garden area and balconies. It combines workspaces with a business center, a concierge office, various dining areas and a gym. A YouFirst Manager facilitates access to these various services each day for employees and their visitors.
The Anthos building will be welcoming a major French pharmaceutical group from July 1, 2021. This new lease covers a firm nine-year period. Scheduled for delivery within a few weeks, the Anthos building will offer 9,400 sq.m of fully renovated space across nine floors, as well as 240 sq.m of accessible terraces and a wide range of dining spaces with natural light.
These two transactions were completed at rents consistent with the Group’s expectations. “These leases highlight tenants’ appetite for quality buildings located in the Paris Region’s most central sectors. Both of these buildings illustrate the ambition set out with YouFirst, the client-centric brand developed by Gecina, which aims to build strong, lasting relationships with all of its clients”, confirms Valérie Britay, Deputy CEO in charge of the Office Division.