These various transactions give a clear illustration of the build to core1 strategy that we have been rolling out these past few years on Caisse des Dépôts' behalf. The acquisition as-is of the current headquarters of CNP Assurances in Paris' Montparnasse district, in view of its complete refurbishment according to the latest environmental and technical standards, demonstrates our risk-taking capacity in prime locations where public transport services are optimum.
Arnaud Taverne, CEO of CDC Investissement Immobilier
CNP Assurances chooses Issy Cœur de Ville for its future headquarters…
In 2022 CNP Assurances will move from its offices in Paris' 15th arrondissement to a new town centre in Issy-les-Moulineaux. The site will comprise offices, shops, housing, public facilities and gardens, as well as a school complex and children's nursery. It will meet the highest environmental standards.
… and its current head office will be redeveloped
All of the offices located at the end of Rue de Rennes above Montparnasse railway station will be entirely repurposed following CNP Assurances' move to Issy-Cœur de Ville. The project benefits from the exceptional setting and visibility of the neighbourhood around Montparnasse station, which is undergoing unprecedented change. Delivery is scheduled for the end of 2026.
* On Caisse des Dépôts' behalf.
A long-term real estate investment approach that can function throughout the real estate cycle