Ivanhoé Cambridge has acquired Joya, an office campus development totalling 50,000 m² (538,200 ft2 ) in Val de Fontenay, developed by EUROPEQUIPEMENTS and Groupe QUARTUS. The project will be delivered in 2022.
The project is in the eastern business hub of Paris, close to the upcoming Grand Paris station (RER lines A and E, and later on new metro lines 1 and 15), providing excellent connectivity to the city’s main areas. Traditionally home to back-office functions of major banking and insurance companies, over the past few years the attractiveness and diversity of this submarket have improved with the neighbourhood’s successful revitalization.
Designed by Emmanuel Combarel (ECDM architectes), Joya will feature adaptable, wellconnected open spaces comprising of 6,000 m² (64,600 ft2 ) over seven floors, each easily divided in quarters for optimal fit-out flexibility.
With its spacious amenities (catering, wellness area, auditorium, meeting rooms, etc.) and its accessible gardens and patio spaces, Joya will make it an ideal workspace for large businesses.
“We are very pleased to have completed this off-market acquisition, which is perfectly in line with our long-term vision for Greater Paris,” said Karim Habra, Head of Europe and Asia-Pacific, Ivanhoé Cambridge. “As the Covid-19 crisis is impacting work and business practices, Joya is very well aligned with the future needs of office spaces in terms of occupancy costs, services, flexibility and access to technology.”
Source : Company