Aviva Investors Real Estate France adds Neuilly building to portfolio

Aviva Investors Actual Estate France, a subsidiary of Abeille Assurances, formerly Aviva France has obtained, on behalf of one of its clients, the building “Inpost“ in Neuilly-sur-Seine, France.

CBRE Investment Management sold the asset on behalf of one of their separate account clients.

Built in 1928, Inpost, a former post office, is an iconic corner building with outstanding features of Art Deco Architecture.

Located at 66-70 avenue Charles de Gaulle, in the centre of Neuilly-sur-Seine, between La Défense District and the Central Business district of Paris, an area composed of mostly residential neighbourhoods and many corporate headquarters, the asset benefits from an excellent accessibility by car and public transportation.

Fully refurbished in 2006, the property offers a total of approximatively 4 500 sq. m of office and retail spaces over a ground floor, five upper floors and two underground floors with parking spaces. Organised around an open inner courtyard, the asset offers large functional office spaces with high ceiling heights and terraces on the top two floors. Fully let, the property features a NF HQE environmental certification.

Grégoire Bailly-Salins, Head of Transactions Europe at Aviva Investors Real Estate France comments : “We are delighted to have acquired a prime office building in the heart of Neuilly-Sur-Seine and to secure, on an off-market basis, Inpost which is one of the most iconic assets of the city”.