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Biome - SFL © Elise Robaglia
While delivery of the Biome property is expected for the summer
following a major redevelopment project covering almost 25,000
sq.m., SFL (Paris:FLY), the benchmark in the Paris prime commercial
property market, can already announce that La Banque Postale and
SFIL will be letting all the office space at 112-114 avenue Emile
Zola / 52 rue Violet in Paris’ 15th arrondissement. The transaction
covers the entire office space as well as the adjoining amenities
such as the staff restaurant, service facilities and conference
centre, representing more than 23,000 sq.m.
La Banque Postale, a subsidiary of La Poste group, and SFIL* are
major players in financing for the French economy and local
authorities. They have signed two ten-year leases and plan to move
their teams into the new premises from mid-2023, after completion
of internal configuration work.
The historic headquarters of SMA BTP was acquired by SFL in
2017. The iconic building dates from the 1960s and is the work of
architects Fernand and Francis Leroy, Raymond Lopez and Henry
Pottier. Located in a mixed-use neighbourhood with an outstanding
quality of life, Biome stretches over a 6,000 sq.m plot, offering
the opportunity to build a unique property that sets a leading
example through its environmental ambitions, and showcases SFL’s
expertise.
One of the first low-carbon BBCA Rénovation projects in Paris,
Biome is a benchmark in environmental performance. The project had
ambitious environmental objectives such as limiting the carbon
impact of the materials used, choosing a simple design, reusing
original features and fostering biodiversity by creating planted
areas with regional and varied species.
Jouin Manku (architectural concept and design) and Yrieix
Martineau Architecture (YMA) (lead architect) worked together on
the complex’s extensive remodelling. They combined their talent and
ideas to create the new architecture, iconic for its neighbourhood,
while putting the energy transition front and centre of the
project. The work to redesign and enhance the outdoor spaces was
led by landscape architect Thierry Laverne.
The project involved redeveloping the existing main building to
increase the number of workspaces and create new high-performance,
more transparent façades overlooking the city, as well as
constructing a new building on Avenue Emile Zola. A real technical
challenge, the new building features a concrete exoskeleton and a
sloped, eight-story design and is connected to the existing
structure via a transparent walkway. The complex has some 3,500
sq.m of outdoor space, unmatched by any other real estate in Paris
– including a landscaped garden, terraces with views and numerous
balconies.
* La Poste group and SFIL are both subsidiaries of Caisse des
Dépôts.
The changes in our working patterns – with social life,
interaction, quality of life and nature-filled surroundings now
being the main reasons for coming to the office – inspired the
design of the new spaces. The wide range of amenities offered in
the outstanding spaces from the ground floor to the roof terrace
contribute to the quality of life and well-being of the
occupants.
Dimitri Boulte, Chief Executive Officer of SFL, commented: “We
are very proud to welcome two major French companies that have
chosen Biome for their future premises in Paris. At SFL, every one
of our projects is a reflection of our strong convictions and
ambitions. The newly-remodelled business centre reflects our desire
to offer employees an exclusive, premium working environment where
they will want to come to work, offering multiple experiences
throughout the day and opportunities to create social ties and
instilling pride in their workplace. Biome is the result of a
collective effort between highly-talented architects Jouin Manku
and Yrieix Martineau. It sets a new benchmark for the neighbourhood
and for Paris as a whole, and the transaction reinforces our unique
strategy as a pure player”.
Bertrand Cousin, Managing Director of Corporate and Investment
Banking and member of the Management Board of La Banque Postale,
said: “The move to an eco-responsible building with a low
environmental impact is first and foremost in line with our purpose
as a corporate citizen. It also embodies our desire to offer our
teams a highly‑attractive working environment on a site that meets
the new standards of quality of life at work; Located close to La
Banque Postale’s headquarters, the new site will deliver fresh
momentum, in particular for the Corporate and Investment Banking
teams that will all work together on the same premises, alongside
the SFIL teams. La Banque Postale consulted La Poste Immobilier
when choosing the new location, which aims to provide a unique
employee experience”.
François Laugier, Deputy Chief Executive Officer of SFIL,
commented: “Above and beyond their architectural prowess, the new
offices are in lock-step with the needs of our time and in line
with SFIL’s corporate purpose and environmental commitments. The
pleasant, efficient working environment will foster teamwork both
on-site and in hybrid mode, which is now a permanent feature of our
practices. The new premises will also create the right conditions
to strengthen the strategic partnership between SFIL and La Banque
Postale in local public sector financing”.
SFL was advised in the transaction by Ashurst. La Banque Postale
and SFIL were advised by La Poste Immobilier, the real estate
subsidiary of La Poste group, and by Depardieu, Brocas and Maffei.
The transaction was carried out by CBRE’s transaction teams.
About La Banque Postale
With its subsidiaries, including CNP Assurances, La Banque
Postale is a leading European banking and insurance specialist,
ranked 11th in the euro zone by balance sheet assets. Its
diversified business model enables it to support 20 million
individual and corporate customers with a comprehensive range of
products accessible to all. A subsidiary of La Poste group, La
Banque Postale offers local banking services through 17,000 contact
points, including 7,300 post offices, throughout France. It is also
a leader in sustainable finance, rated among the best in the market
by non-financial rating agencies. Its strategic plan, “La Banque
Postale 2030”, sets the ambition of becoming the favourite bank of
the people of France, with an integrated and omnichannel offer of
bank and insurance services based on three distinct brands: La
Banque Postale, its everyday bank, Ma French Bank, its 100% mobile
bank and Louvre Banque Privée, its private bank. As a community
bank, La Banque Postale is fully focused on shaping a just
transition to an economy and a society capable of responding to
environmental, social, regional and digital challenges.
About SFIL
SFIL is a public development bank with two main missions:
- local public sector financing in France in partnership with La
Banque Postale;
- refinancing of major export credit contracts guaranteed by the
State.
SFIL is the seventh largest French bank by balance sheet assets
and joined the Caisse des Dépôts group in 2020. It has just
announced its second strategic plan, #Objectif2026, to support the
development of French regions and the economy.
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/20220629005808/en/
SFL - Thomas Fareng - T +33 (0)1 42 97 27 00 -
t.fareng@fonciere-lyonnaise.com
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