{"id":4491,"date":"2022-09-29T16:58:32","date_gmt":"2022-09-29T14:58:32","guid":{"rendered":"https:\/\/www.weinbergcapital.com\/?post_type=invests&p=4491"},"modified":"2023-07-20T16:49:49","modified_gmt":"2023-07-20T14:49:49","slug":"navarin","status":"publish","type":"invests","link":"https:\/\/www.weinbergcapital.com\/en\/invest\/navarin\/","title":{"rendered":"Navarin"},"content":{"rendered":"\n

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

Navarin is a unique asset owing to both its architecture and its location within the tech cluster in the ninth arrondissement of Paris. The building offers large office units with ceiling heights of more than 4 metres as well as over 1,300 m\u00b2 of outdoor terraces offering great views of the main Paris monuments. Since July 2022, the building has housed the headquarters of the online payment institution Qonto, a deal arranged through WeWork, covering 60% of the total floor area.<\/p>\n\n\n\n

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

Navarin is a project that goes to the very heart our convictions with respect to the intrinsic characteristics of the asset and its location. The ninth arrondissement of Paris is among those most deeply affected by a limited supply of quality office space set against a high level of user demand.<\/p>\n\n\n\n

The building already houses the headquarters of the French unicorn Qonto. The unoccupied portion (40% of the total floor area) is currently undergoing renovation with the aim of obtaining the latest environmental certifications and so as to offer users contemporary, light-filled office units, with no vertical beams, some of which enjoy unequalled views of Montmartre.<\/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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8,600 m\u00b2 <\/div>\n
total floor area<\/div>\n
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1,300 m\u00b2 <\/div>\n
of outdoor terraces <\/div>\n
<\/div>\n <\/div>\n <\/div>\n <\/div>\n
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8,600 m\u00b2 <\/div>\n
total floor area<\/div>\n
<\/div>\n <\/div>\n <\/div>\n
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1,300 m\u00b2 <\/div>\n
of outdoor terraces <\/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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Certifications targeted<\/h2>\n
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\u2013 BREEAM (Building Research Establishment Environmental Assessment Method) certification
\r\n\u2013 BBCA (B\u00e2timent Bas Carbone) label
\r\n\u2013 OsmoZ quality of life at work label (Certiv\u00e9a)
\r\n\u2013 WiredScore digital connectivity certification<\/div>\n <\/div>\n \n\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n
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“The acquisition of this asset, purchased from a private seller and closed in less than four weeks, offers an apt illustration of our platform\u2019s agility, a key factor for success in a market where \u201ctrophy\u201d assets are extremely competitive. This investment also demonstrates our ability to pursue larger transactions when we are convinced by the principle behind the investment, the entry price and the liquidity of the asset. Lastly, it shows our openness to working with joint investment partners when such an opportunity presents itself.”<\/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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Asset overview Navarin is a unique asset owing to both its architecture and its location within the tech cluster in the ninth arrondissement of Paris. The building offers large office units with ceiling heights of more than 4 metres as well as over 1,300 m\u00b2 of outdoor terraces offering great views of the main Paris […]<\/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-4491","invests","type-invests","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4491","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=4491"}],"version-history":[{"count":4,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4491\/revisions"}],"predecessor-version":[{"id":13193,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4491\/revisions\/13193"}],"wp:attachment":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/media?parent=4491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}