Release details

2017-11-21 07:47 CET
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Officiis Properties : 95% of Officiis Properties' portfolio is now let after the signing of 2 leases with McCann WorldGroup France

Press release
Paris, 21 November 2017

Following the lease signed with McCann Worldgroup France for the entire Think building and an entire floor in the Newtime building, 95% of Officiis Properties' portfolio is now let.

The Think building, which is currently being redeveloped, has now been fully pre-let.

McCann Worldgroup France, a world leader for advertising and subsidiary of the American IPG group, has decided to take up 8,450 sq.m in the Ecosphère Campus, comprising the Newtime, Think and Imagine buildings on Île de la Jatte in Neuilly-sur-Seine.

McCann Worldgroup France will be moving into the entire Think building, which is currently being redeveloped, with a total of 6,650 sq.m, and signed an off-plan lease on November 10, 2017. It has also signed a lease for 1,800 sq.m of space covering an entire floor in the neighboring Newtime building, which has also been redeveloped.

These leases will come into effect in the second half of 2018, once the Think building has been redeveloped and work has been completed to fit out McCann Worldgroup France's new premises.

Following the signing of these leases, 95% of the buildings currently owned by Officiis Properties and its subsidiaries have now been let.

Bruno Tallent, McCann Worldgroup France's Chief Executive Officer: "Our future establishment in the Ecosphère Campus on Ile de la Jatte is a very good opportunity. It is part of the new creative dynamic and integrated culture that we deploy within McCann Worldgroup to serve our clients. This will also allow us to offer a new attractive and qualitative work environment to our teams".

Pierre Essig, Officiis Properties' Chief Executive Officer: "I am delighted with the arrival of McCann Worldgroup France. It highlights the Ecosphère Campus' appeal for outstanding tenants from diverse sectors, such as Orangina, Uriage, Bureau Véritas, Smith & Nephew or the American Hospital of Paris, which have been attracted by the quality of these buildings and their environment, as well as their flexible and complementary spaces".


Officiis Properties was represented by Scaprim Asset Management
and advised by Archers.
McCann Worldgroup France was advised by Lamy-Lexel.
Officiis Properties and McCann Worldgroup France were advised by JLL
as their real estate agent.

Contacts

Pierre Essig, Chief Executive Officer, Officiis Properties

52B rue de la Bienfaisance, 75008 Paris

Tel: +33 (0)1 83 92 33 86,

For more information, and/or to contact us, visit the company website: https://officiis-properties.com

About Officiis Properties
Officiis Properties (previously Züblin Immobilière France) is a listed property company that has opted for SIIC status and invests in office properties. Its real estate portfolio consists of five office buildings in the Paris region and Marseille.
Officiis Properties shares are listed on Euronext Paris Compartment C, an NYSE Euronext market - ISIN: FR0010298901

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