Vernier

Paris, France

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Vernier is a 3,500 sqm office building located in Paris Centre West close to the CBD.

Acquisition: 2016
Construction: 2016
Completion: 2017
Rentable Area (m²): 3,000

FREO bought this asset in a joint venture with an American fund. The asset is located in Paris close to the CBD area (200m) and ring road (200m).

The building has been vacant since December 2013.

FREO’s business plan consists of executing a capex programme to improve the building and leasing it to a new office occupier.

The asset is owned through an OPPCI.

Key activities:

icon-search-and-acquisition@2x Sourcing and Acquisition
icon-asset-management@2x Asset Management
icon-development-management@2x Development Management