Altarea Entreprise and Swiss Life Asset Managers France announce the signing of the deed of sale for "Bellini," a new office sector real estate asset. Located in Puteaux, in the business district of Paris La Défense, this 18 000 m² building with iconic architecture will be completed in July 2024. Swiss Life Asset Managers France is acquiring this asset on behalf of a fund dedicated to Swiss Life France.

A building in an ideal location
Located in Puteaux, this new office sector asset will enjoy an ideal location directly overlooking the Seine and with public transport at the foot of the building. With exceptional visibility and a strong and elegant architectural signature, this office building has won over the teams of Swiss Life France. Realised by the firm Franklin Azzi Architecture, "Bellini" will develop more than 18 000 m² of offices comprising 13 floors, terraces, a rooftop with a clear view of Paris and two shops on rue Bellini.

A building that responds to ecological challenges
When complete, "Bellini" will aim for the best certifications and labels, such as "NF Bâtiments tertiaires - Démarche HQE" (environmental certification for French tertiary sector buildings) (Millésime 2016) accompanied by a "Passeport Bâtiment Durable” (sustainable building passport) at "Excellent" level, "BREEAM International New Construction 2016" certification level "excellent", the "WIREDSCORE" label (Gold level), the "BBC Effinergie +" label, and finally the "OsmoZ" label.

Adrien Blanc, Chairman of Altarea Entreprise says: "We are very proud to have concluded this transaction with Swiss Life Asset Managers France, one of Europe's leading real estate asset management companies. This decision confirms the attractiveness of the Paris La Défense business district. Our Group is committed to supporting leading players in setting up in buildings that meet the requirements of the office of tomorrow: buildings that combine prime location, services and outdoor spaces that make the office attractive and enjoyable for its users "better than home" and a strong architectural identity."

Fabrice Lombardo, Head of Real Estate Operations at Swiss Life Asset Managers France: "This new acquisition is a source of great pride for our teams, as this building will welcome our colleagues from Swiss Life France! Together with Swiss Life France and Altarea Entreprise, we performed a customised operation, from the identification of the need at a very early stage, to the definition of the specifications and the choice of the location, so that it was perfectly adapted to the needs of Swiss Life France. Beyond offering an exceptional working environment and a breathtaking view of Paris, "Bellini" perfectly embodies our conviction of the office’s place in the post-Covid world, a place of identity promoting exchanges, open to the city and connected to transport."

On completion, the property will be let to Swiss Life France under a firm 9-year lease and will therefore become the new French headquarters of Swiss Life France. In an ever-changing corporate real estate industry, this head office truly embodies the office of tomorrow.

Advice regarding the operation:
Altarea Entreprise and Swiss Life Asset Managers France were advised by Thibierge notaries (Jacques-Laurent Renucci and Anaëlle Flament) and KL & Associé (Vincent Pacot and Myriam Bacque), Elan and Colliers for developing the project and BNP Paribas for sourcing the asset.