{"id":4458,"date":"2022-09-29T16:42:00","date_gmt":"2022-09-29T14:42:00","guid":{"rendered":"https:\/\/www.weinbergcapital.com\/?post_type=invests&p=4458"},"modified":"2024-01-03T15:27:39","modified_gmt":"2024-01-03T14:27:39","slug":"larche","status":"publish","type":"invests","link":"https:\/\/www.weinbergcapital.com\/en\/invest\/larche\/","title":{"rendered":"L’Arche"},"content":{"rendered":"\n

Asset overview<\/h2>\n\n\n\n

L\u2019Arche, designed by the architect Johan Otto von Spreckelsen, was inaugurated in 1989. One of President Fran\u00e7ois Mitterrand\u2019s Grands Projets, it has now taken its place as an important monument in France\u2019s modern heritage. Today, L\u2019Arche is a unique and iconic asset, offering 80,000 m\u00b2 of offices, where thousands of people work every day.<\/p>\n\n\n\n

Our approach<\/h2>\n\n\n\n

L\u2019Arche is a key architectural landmark for Paris and the La D\u00e9fense business district. However, the leasing of its 80,000 m\u00b2 of offices had always met with mixed success.<\/p>\n\n\n\n

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\u00a9Charles Azzy<\/figcaption><\/figure>\n\n\n\n

These difficulties in the past stemmed from the fact that the building was managed under a co-ownership system that did not allow for the application of a contemporary asset management strategy, better suited to the expectations of today\u2019s users.<\/p>\n\n\n\n

Our first move was therefore to regroup the ownership of the building.<\/p>\n\n\n\n

Next we planned out a \u20ac40 million programme of works to be carried out on these occupied premises, involving the complete renovation of all of the equipment for the building\u2019s technical systems and services, the refurbishment of all common areas and some of the office units, and the creation of a full range of amenities and service facilities: business centre, auditorium, concierge and click-and-collect services, cafe and lounge area, gym, bicycle rental and repair.<\/p>\n\n\n\n

The renowned French architect Franklin Azzi took charge of the design aspects for this repositioning project.<\/p>\n\n\n\n

For the letting of space, we have put in place a strategy attuned to the economic context, the demands of La D\u00e9fense users and our goal of attracting modern, mid-sized companies. The flexible lease options offered, the building\u2019s fame and the services managed by Deskeo have made the project a leasing success story. Agreements for more than 28,000 m\u00b2 of space were signed in less than two years in an extremely competitive market.<\/p>\n\n\n\n

The work carried out has given this asset a status exceeding the bounds of the relatively small La D\u00e9fense market. Today, working at L\u2019Arche means working at one of the most iconic office buildings in Paris.<\/p>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n

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\n Key<\/span>\n  <\/span>\n figures<\/span>\n <\/h2>\n
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45,000 m\u00b2 <\/div>\n
managed (North pillar)<\/div>\n
<\/div>\n <\/div>\n <\/div>\n
\n
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1,400 m\u00b2 <\/div>\n
of office space<\/div>\n
<\/div>\n <\/div>\n <\/div>\n
\n
\n
1,600 m\u00b2 <\/div>\n
of service facilities<\/div>\n
<\/div>\n <\/div>\n <\/div>\n <\/div>\n
\n
\n
\n
45,000 m\u00b2 <\/div>\n
managed (North pillar)<\/div>\n
<\/div>\n <\/div>\n <\/div>\n
\n
\n
1,400 m\u00b2 <\/div>\n
of office space<\/div>\n
<\/div>\n <\/div>\n <\/div>\n
\n
\n
1,600 m\u00b2 <\/div>\n
of service facilities<\/div>\n
<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n\n\n <\/div>\n \n\n
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“We are La D\u00e9fense experts. Our vision, from the acquisition to the asset management strategy applied, has transformed the image of L\u2019Arche. No longer merely a monument, it is now also truly a contemporary office building. We have been able to enhance the attractiveness of this iconic building at competitive lease rates. Its enduring success is guaranteed and it serves as a showcase for Weinberg Capital Partners\u2019 expertise in large-scale and complex projects.”<\/div>\n\n
Jean-Philippe Olgiati<\/strong>\n – Partner and Managing Director \u2013 Real Estate <\/div>\n \n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n
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Certifications targeted<\/h2>\n
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<\/div>\n
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– OsmoZ quality of life at work label (Certiv\u00e9a)
\r\n– HQE Exploitation (French green building standard for the operations phase)<\/div>\n <\/div>\n \n\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n
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\n ","protected":false},"excerpt":{"rendered":"

Asset overview L\u2019Arche, designed by the architect Johan Otto von Spreckelsen, was inaugurated in 1989. One of President Fran\u00e7ois Mitterrand\u2019s Grands Projets, it has now taken its place as an important monument in France\u2019s modern heritage. Today, L\u2019Arche is a unique and iconic asset, offering 80,000 m\u00b2 of offices, where thousands of people work every […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-4458","invests","type-invests","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests"}],"about":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/types\/invests"}],"author":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/comments?post=4458"}],"version-history":[{"count":4,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4458\/revisions"}],"predecessor-version":[{"id":15581,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4458\/revisions\/15581"}],"wp:attachment":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/media?parent=4458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}