{"id":4514,"date":"2022-09-29T16:39:52","date_gmt":"2022-09-29T14:39:52","guid":{"rendered":"https:\/\/www.weinbergcapital.com\/?post_type=invests&#038;p=4514"},"modified":"2022-11-08T09:49:30","modified_gmt":"2022-11-08T08:49:30","slug":"calais-n19","status":"publish","type":"invests","link":"https:\/\/www.weinbergcapital.com\/en\/invest\/calais-n19\/","title":{"rendered":"Calais N\u00b019"},"content":{"rendered":"\n<h2 class=\"has-text-align-center wp-block-heading\">Asset overview<\/h2>\n\n\n\n<p>The acquired asset at 19 rue de Calais in the ninth arrondissement of Paris was a private residence having been converted into office units that were no longer up to standard. The team at Weinberg Capital Partners led a complete refurbishment of the building, enhancing its appeal both inside and out. The project quickly found a buyer in Izipizi, a French eyewear manufacturer, who wanted to make the building its new headquarters. The project was adapted in order to hand over premises to Izipizi entirely in keeping with the company\u2019s image so that the property could truly become \u201cIzipizi House\u201d.<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\">Our approach<\/h2>\n\n\n\n<p>The WREP#3 fund\u2019s first acquisition, this asset offered a set of features hitting all the right notes to deliver on its investment objectives: a building remarkable for its architecture, at the heart of a booming district, that offered considerable potential for technical and functional improvement.<\/p>\n\n\n\n<p>The project, designed by the architect Franklin Azzi, was aimed at improving the building\u2019s technical and environmental performance as well as the overall comfort level for its users. It involved replacing all of the equipment for the building\u2019s technical systems and services as well as its exterior joinery. A 250 m\u00b2 landscaped garden was created, bringing a verdant touch to this prestigious redesign project.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-verbatim-block_c37e2e54e03da626b6a0b37d135b7a8d\" class=\"block-custom-acf block-verbatim\">\n\n            \n\n                <div class=\"section section-gmt-0 section-pt-3 section-pb-3  c-brown\">\n                  <div class=\"container max-w-880 mx-auto\">\n\n                    \n\n                        <div class=\"quote-content font-light\">&ldquo;19 Calais is a showcase for our expertise: a major refurbishment project completed in just 12 months despite the constraints relating to Covid-19, with the necessary administrative authorizations obtained in less than two months, the pre-completion sale of the premises three weeks after the asset\u2019s acquisition and the transfer of the asset once stabilized at the end of the works.&rdquo;<\/div>\n\n                                                <div class=\"quote-source font-light\"><strong class=\"font-bold\">Jean-Philippe Olgiati<\/strong>\n                             &#8211; Partner and Managing Director \u2013 Real Estate                                                     <\/div>\n                        \n                                        <!-- quote -->\n\n                  <\/div>\n                <\/div>\n                <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        ","protected":false},"excerpt":{"rendered":"<p>Asset overview The acquired asset at 19 rue de Calais in the ninth arrondissement of Paris was a private residence having been converted into office units that were no longer up to standard. The team at Weinberg Capital Partners led a complete refurbishment of the building, enhancing its appeal both inside and out. The project [&hellip;]<\/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-4514","invests","type-invests","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4514","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=4514"}],"version-history":[{"count":2,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4514\/revisions"}],"predecessor-version":[{"id":8582,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/invests\/4514\/revisions\/8582"}],"wp:attachment":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/media?parent=4514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}