Fairway advised Generali Real Estate on the acquisition of two adjacent and independent “premium” office buildings located in the district of Le Marais in Paris.

The building named “Coeur Marais” located 64 rue des Archives (Paris 4th) offers 13,200 sqm of office spaces open on a large central atrium and a private garden of 500 sqm. The second building named “Fhive” is located 5 rue Charlot (Paris 4th) and is composed of 2 plateform with terraces for a total area of 8,300sqm. This real estate property meets high standards regarding energy and environmental performance.

These buildings were inaugurated in spring 2017 after two years of work and are fully leased to French and international brands.

This transaction is part of Generali Real Estate’s investment strategy targeting “premium” office assets and retail properties in the city centers of the main European cities.

“This transaction reflects the importance of the French real estate market for Generali Real Estate, which currently manage assets of about € 8 billion in France, including 6.2 in the Paris region,” says the press release.