The Bayen office building is located at 22, rue Bayen in the 17th arrondissement of Paris. It is an office building, built in 1994, with an area of 2,306 square meters divided over five floors, including a ground floor and a garden level. Its location, is an area valued for quality housing with an authentic neighborhood feel, while remaining conveniently located. It is an address close to many public transport stations including the future RER Eole line and the building has 41 secure underground parking spaces. It is currently rented to the Rochelois notarial office.
The acquisition was made “off market” with a French institutional. “Bayen” is an asset that includes solid real estate fundamentals: attractive location, “authentic” building with a freestone facade and green spaces throughout the building. The building is entirely rented by a well-known notarial study and has significant value creation opportunities.