Fairway advised Générale Continentale Investissements (GCI) and Benson Elliot Capital Management (BECM) on the financing aspects regarding the setting up of their partnership for the construction of the Latitude project, in the district of La Défense, in Courbevoie (92). This future building designed by Architecture Studios, resulting from the restructuring and the enlargement of the old building named Berkeley, will able to accommodate 1 800 people. It will be developed by Bouygues Bâtiment Ile-de-France – Renovation Privée (Bouygues Group).
The building, with a surface of approximately 22,300 sq.m, including 22,140 sq.m of office spaces, has great visibility thanks to its proximity to the CNIT. The old parking will host the reception area, the dining area and the trade area, one part staying dedicated to a new parking area of 267 parking spaces completed with area for 2-wheelers and bicycles. In addition, the access to the CNIT, the metro (station Esplanade de la Défense) and the RER A (Grande Arche station) will be facilitated by the creation of stairs and the installation of an elevator.
The delivery is scheduled for march 2020.
“We have been carrying this project for several years and we are convinced that Latitude will contribute to the dynamism of the business district of La Défense. We offer our tenants a high degree of flexibility to respond to all work approaches. Our aim is to expand opportunities in a dedicated environment enhanced by the opportunities of an internationally renowned business district, “said Sharon Raingold, Executive Director of GCI.