#Real Estate

Weinberg Capital Partners and Henderson Park acquire 49 Avenue Georges Pompidou in Levallois-Perret, Île-de-France

06/06/2023

Weinberg Capital Partners and Henderson Park announce the acquisition, in a joint venture, of an 18,500 square metre office building in Levallois-Perret (Île-de-France – France), which presents a strong opportunity for value creation.

The building is located c. 5km from central Paris at 49 Avenue Georges Pompidou, a strategic location just three minutes from the Metro, in the area of Levallois-Perret which is most sought-after by large occupiers seeking headquarters buildings close to the city but at much more competitive rents.

Designed as a headquarters building, “49 Pompidou” features 2,000 square metre floor plates, terraces on each level, panoramic views of the Seine and a triple-height lobby offering occupiers views towards a large interior garden, one of the few in the area. The building is currently partially occupied by the seller.

Weinberg Capital Partners and Henderson Park intend to undertake a renovation project to improve the building’s environmental credentials, enhance outdoor spaces and implement numerous services aimed at improving the quality of work life.

This acquisition strengthens the joint venture’s portfolio following the completion of its L’Arche de La Défense project.

“We are convinced of the attractiveness of labeled buildings, of medium size, with competitive rents for large users seeking quality of work life. Especially in the peripheral markets of the Paris Central Business District. We will be very creative in terms of services for this building to meet the users’ needs.”
Jean-Philippe Olgiati – Partner at Weinberg Capital Partners
“In a difficult market context, this acquisition is the result of a disciplined process of underwriting an office building with solid fundamentals and great value-creation potential as well as the opportunity to continue our joint venture with Weinberg Capital Partners and our financing partners CACIB.”
Christophe Kuhbier – Managing Director at Henderson Park

About Weinberg Capital Partners

Founded in 2005, Weinberg Capital Partners is an independent investment company historically active in buy-out capital, which expanded its field of intervention to real estate assets in 2008, and has been investing since 2015 in the capital of listed French SMEs/mid-caps as a minority shareholder with an active, friendly and long-term approach. In 2020, Weinberg Capital Partners added its capacity to invest in SMEs/mid-caps with a minority strategy focused on sustainable development issues, which offers extra-financial support known as impact, to better prepare companies for environmental and societal challenges. In 2023, Weinberg Capital Partners created a new fund, Eiréné, dedicated to the development of SMEs/mid-caps in the security and defense sector.
With €1,3 billion of assets under management, Weinberg Capital Partners is a significant player in the mid-market equity segment in France.

Weinberg Capital Partners is a signatory of the PRI, a member of the International Climate Initiative and an active responsible investor.

Weinberg Capital Partners supports Télémaque, an association for equal opportunities in education.

For more information: weinbergcapital.com.
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About Henderson Park

Henderson Park is a leading global private real estate fund manager headquartered in London. Since its formation in 2016, the firm has invested approximately $14 billion in building a portfolio of flagship real estate assets across Europe, with a presence in major cities and capitals in France, Germany, Greece, Ireland, Italy, Poland, Portugal, Spain and the UK. Henderson Park seeks high quality assets in prime locations where it can identify the potential for unlocking or creating value through asset management, or by taking on and working in complex situations. The company’s current portfolio is diversified across various sectors such as office, logistics, multifamily, student housing, hospitality and retail, including several real estate development projects. Henderson Park strives to work and build long-term strategic relationships with the best local partners. Henderson Park is a signatory of the UN PRI.

For more information: www.hendersonpark.com
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Press contact Weinberg Capital Partners

Bérengère Beaujean
Communication Manager
berengere.beaujean@weinbergcapital.com
+ 33 7 85 58 29 73

FTI Consulting, for Henderson Park

Richard Sunderland / Ellie Sweeney / Andrew Davis
hendersonpark@fticonsulting.com
+44 (0)20 3727 1000

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