Press release

Ten-year fixed lease signed with major international corporation for 17,000 sq.m property as part of ORA program in 17th arrondissement of Paris

Kaufman & Broad - Immobilier Entreprise
Thursday 7 December 2017

Neuilly-sur-Seine, December 7, 2017 – KAUFMAN & BROAD has signed a 10-year fixed lease-before-completion agreement with a renowned multinational corporation for 17,000 sq.m of offices and services as part of the ORA program located in Paris in the new eco-district of Porte Pouchet (17th arrondissement).

ORA is being developed by Kaufman & Broad and has been bought by OMEGA 16 in a club deal involving the two investors Amundi Immobilier and MACIFIMO. It will offer 26,000 sq.m of ideally located office space at the heart of the triangle linking up the Central Business District, La Défense and Plaine Saint-Denis, and be close to public transport services.

ORA’s contemporary architecture has been designed by François Leclercq and will perform remarkably well in terms of energy consumption, sound insulation, air quality and organization of working space.

The building is to be delivered in the summer of 2018 and aspires to obtain the following labels and certifications: HQE Passeport “Excellent” (high environmental performance), BREEAM “Very Good”, Well “Core and Shell Compliance”, Effinergie+ (energy efficiency), Bâtiment Biosourcé (bio-sourced building) and LEED “Gold”.

ORA will be able to host up to 2,200 employees in premium conditions as the concept of well-being in the workplace has been incorporated into its design thanks to flexible and elegant spaces, floors letting in an abundance of natural light and premium services catering to the comfort and well-being of its users; these include a restaurant, business center, concierge service, dedicated spaces providing access to private terraces and a 500 sq.m bicycle garage with its own showers and changing facilities.

The tenant will set up its head office there with a staff of more than 700 people working in its sales department, technical services and support functions. It plans to move into the building in October 2018.

“The ORA development is emblematic of Kaufman & Broad’s know-how in the field of business property. We have a team of experts adding value to this project in various ways, including ambitious and elegant architecture, services that are fully consistent with the aspirations of the workers that will occupy the building as regards well-being in the workplace, and a deal structure offering bespoke solutions to all the stakeholders involved”, notes David LAURENT, General Manager Business Property and Major Urban Projects at Kaufman & Broad.

About AMUNDI IMMOBILIER

Amundi Immobilier is the Amundi group’s asset management company specializing in developing, structuring and managing real estate funds for retail investors, private banks and their distributors, institutional investors, and large corporations and professionals from the real estate industry. It has assets under management of €20.9 billion, and is the n°1 for inflows into SCPIs (real estate investment companies) and OPCIs (undertakings for collective investments in real estate) for individual investors (IEIF – June 2017) and the n°1 for SCPI and OPCI management in France in terms of capitalization (IEIF – June 2017)*.

Amundi Immobilier is a specialist subsidiary of the Amundi group.

* Amundi Immobilier data at December 31, 2016

Find out more at: www.amundi-immobilier.com

 Press contact:

Amundi - Sonia Kobiela – Tel. +33(0)1.76.33.79.56 sonia.kobiela@amundi.com

About MACIF

We are a mutual insurance company promoting values of mutual benefit, with around 5 million members and clients and the aim of protecting what is essential to everyone – life, family and property. The group manages over 18 million policies as at January 1, 2016 (in property/casualty insurance, health/personal protection insurance, banking products and life insurance), and it generated €6.1 billion of revenues in 2015.

MACIFIMO is responsible for managing the MACIF group’s real estate portfolio.

Find out more at www.macif.fr  

Press relations

Hopscotch Capital: Violaine DANET - +33(0)1 70 94 65 77 / k&b@hopscotchcapital.fr  

Kaufman & Broad: Emmeline CACITTI - +33(0)6 72 42 66 24 / ecacitti@ketb.com