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Ivanhoé Cambridge announces the sale of the building 33 La Fayette in Paris

Sector: Commercial • Location: France

Source: Caisse de dépôt et placement du Québec

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Ivanhoé Cambridge announces the sale of the office building located at 33 rue La Fayette, in the 9th district of Paris. The transaction was concluded with the German real estate investments company, Deka Immobilien. The building site forms a complete island surrounded by rue La Fayette, rue Lafitte, rue de la Victoire and rue Saint-Georges. This modern head-office building represents 27,000 m2 (29

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The project “Ivanhoé Cambridge announces the sale of the building 33 La Fayette in Paris” is an infrastructure initiative in the Commercial sector, located in France. Taiyo aggregates data on it from Caisse de dépôt et placement du Québec.

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Ivanhoé Cambridge announces the sale of the office building located at 33 rue La Fayette, in the 9th district of Paris. The transaction was concluded with the German real estate investments company, Deka Immobilien. The building site forms a complete island surrounded by rue La Fayette, rue Lafitte, rue de la Victoire and rue Saint-Georges. This modern head-office building represents 27,000 m2 (295,000 ft2) of office spaces and 1,300 m2 (13,400 ft2) of residential spaces. It is the current headquarters of the company Areva. "This transaction fits perfectly with the repositioning of our assets in Europe, said Meka Brunel, Executive Vice President, Europe, Ivanhoé Cambridge. "In recent months, we have completed certain dispositions of assets that have reached maturity. These assets have been replaced by investments that meet our long-term investment priorities." Jones Lang LaSalle in a co-exclusive mandate brokerage with Catella. Ivanhoé Cambridge was advised by notaries Wargny Katz and by the law firm Allen & Overy. Deka Immobilien was advised by C&C Notaires. About Ivanhoé Cambridge Ivanhoé Cambridge is a world-class real estate company that leverages its high-level expertise in all aspects of real estate including investment, development, asset management, leasing and operations, to deliver an optimal return for its investors. Through its multiple subsidiaries, its assets in more than 20 countries are valued at over Cdn$35 billion as at December 31, 2012. Ivanhoé Cambridge is a real estate subsidiary of the Caisse de dépôt et placement du Québec (www.cdpq.com), one of Canada's leading institutional fund managers. For more information, visit www.ivanhoecambridge.com. false false false

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