Paris, 21 October 2022 – Cicerone RE Holding BV of the Cicerone Fund, managed by Fabrica SGR, with the support of CBRE Investment Management and the intermediation of ENOMA Investment, bought the asset located in Rue d’Artois 33, a historic office building in Paris. This is the eighth investment transaction of the fund. The property is located in the 8th arrondissements, in the heart of the Parisian Centre Business District (CBD), the same as the prestigious Champs Elysées street, the Arc de Triomphe, the Elysée Palace and other important Parisian landmarks. The building is in full harmony with the Parisian charm, given to him by the Haussmanian architectural style in which it is made.
The property has been completely refurbished between 2019 and 2020, a redevelopment that allowed the property to obtain an HQE rating of Excellent type, a BREEAM rating of Very Good type and a WiredScore rating of Gold type.
Matteo Greco, Managing Director of Cicerone RE Holding, commented: “The company’s strategy remains focused on assets with solid fundamentals in terms of location, iconicity, real estate quality and tenants of primary standing. From this point of view, the property in Rue d’Artois 33, located among the main iconic places in Paris and with the different certifications attesting its value and sustainability, meets all these characteristics”.