Concept

About Concept
The asset, built in 2001, comprises 9,050 sqm of office and storage space, and 200 parking spaces. The property was vacant and undergoing refurbishment at the time of acquisition. Formerly known as Project Maria, the asset is named Concept.

Clichy St Ouen is a mature sub-market in Paris with more than 700,000 sqm office space and blue chips occupiers. The area's accessibility has been considerably improved by the arrival of Metro line 14 a few steps away from the property, connecting Concept to Paris' Central Business District in 10 minutes.

The business plan consists in delivering a fully refurbished Grade A office building providing flexible, accessible and good value space to corporate occupiers.

Key figures
Location: Clichy, Greater Paris
Net lettable area: 9,050 sqm
Tenure: Freehold
Use: Office
Status: Under refurbishment