Commercial real estate in Paris sold to Tikehau Capital

Commercial real estate in Paris sold to Tikehau Capital

Tikehau Capital, the alternative asset management and investment group, listed on the regulated market of Euronext Paris, has acquired the “Atlantic Park” business park in Clamart, a commercial real estate in Paris, through its pan-European Real Estate Value-Added fund.

The “Atlantic Park” consists of 5 buildings and lays on a 15,580 sqm. land plot and provides a total lettable area of 14,770 sqm. The buildings are composed of mixed area between light industrial and office space. The whole asset includes 295 underground and outside parking spaces.

The building is well located in Clamart in the Hauts-de-Seine department and in direct vicinity of the Noveos Business Park area, the second largest business park in the Hauts-de-Seine, which welcomes 10,000 workers per day.

The “Atlantic Park”, a commercial real estate in Paris, hosts more than an hundred companies and world-renowned blue chips including Coca-Cola, Mondelez or Renault.

“This operation is in line with the company’s acceleration of its Real Estate business and the deployment of our Value-Added fund. The acquisition of the “Atlantic Park” business park confirms our strategy to focus on assets offering great potential to unlock in attractive locations, such as the city of Clamart which is undergoing massive urbanization projects,” said Frédéric Jariel, Tikehau Capital’s Head of Real Estate.

Catella Asset Management advised Tikehau Capital in this operation.