SFL Sells the Le Vaisseau Property (Issy-les-Moulineaux) to Institut Catholique de Lille
May 30 2022 - 12:50PM
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Le Vaisseau (Photo: SFL)
SFL (Paris:FLY), leader in the prime segment of the Parisian
commercial real estate market, announces that it has sold the Le
Vaisseau building, located on Ile Saint-Germain in
Issy-les-Moulineaux, to the Institut Catholique de Lille, which
plans to relocate its Faculty of Law there, also situated in
Issy-les-Moulineaux since 2013. The property has been sold for €27
million excluding transfer costs.
Spanning approximately 6,300 sq.m, the property boasts
outstanding architecture with a unique façade and opening roof. It
was designed by Jean Nouvel for advertising agency CLM BBDO and was
completed in 1992.
Aude Grant, Deputy Managing Director, Asset Management &
Investments at SFL, commented: “We are delighted to sell this
building to the Institut Catholique de Lille, and to contribute to
the transformation of office property as new uses offering
opportunities for value creation emerge. This ambitious project
would not have been possible without the high quality collaboration
with teams at both Institut Catholique de Lille and Ateliers Jean
Nouvel.”
SFL was advised in the transaction, initially handled by BNP
Real Estate, by Anne-Hélène Garnier (Oudot & Associés).
Institut Catholique de Lille was advised by Grégory Jacobsoone
(Fontaine Roussel & Associés).
About SFL
Leader in the prime segment of the Parisian commercial real
estate market, Société Foncière Lyonnaise stands out for the
quality of its property portfolio, which is valued at €8.1 billion
and is focused on the Central Business District of Paris
(#cloud.paris, Edouard VII, Washington Plaza, etc.), and for the
quality of its client portfolio, which is composed of prestigious
companies in the consulting, media, digital, luxury, finance and
insurance sectors. As France’s oldest property company, SFL
demonstrates year after year an unwavering commitment to its
strategy focused on creating a high value in use for users and,
ultimately, substantial appraisal values for its properties.
Stock market: Euronext Paris Compartment A – Euronext Paris ISIN
FR0000033409 – Bloomberg: FLY FP – Reuters: FLYP PA
S&P rating: BBB+ stable outlook
www.fonciere-lyonnaise.com
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version on businesswire.com: https://www.businesswire.com/news/home/20220530005378/en/
SFL - Thomas Fareng - T +33 (0)1 42 97 27 00 -
t.fareng@fonciere-lyonnaise.com
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