A joint venture between Benson Elliot, the London-based private equity real estate manager, Générale Continentale Investissements (GCI), the Paris real estate investment group, Canadian institution Alberta Investment Management Corporation (AIMCo) and 21st Capital, has pre-let the entirety of its Latitude office building to Sopra Steria. The European leader in consulting, digital services and software development has signed a nine-year lease, and will take occupancy in Q4 2021.
Latitude is due to complete in early 2021, and will deliver 22,000 sqm of top quality modern office space in the heart of La Défense in Paris. Spread across eight floors, it is one of the only low-rise office buildings in La Défense, a market typically dominated by tower blocks. The completed building will feature expansive 2,220 sqm floorplates (a rarity for the market), a double height reception, co-working areas and a new restaurant / cafeteria.
Latitude has been designed to the highest environmental standards and is set to receive multiple CSR credentials, including: Wired Score ‘Platinum’, HQE ‘Outstanding’, BREEAM ‘Excellent’ and Effinergie +.
La Défense is Europe’s largest business district, home to over 500 international industrial and financial companies, including Total, IBM and Société Générale. It has excellent public transport connections to central Paris, with accessibility set to improve further with the upcoming extension of the RER E line connecting directly to Gare du Nord (Eurostar).
Source : Benson Elliot