Archereau

The asset is located at 69-71-73 rue Archereau & 91-93-95 rue de l’Ourcq, in the 19th arrondissement of Paris.

This building lies between the La Villette district, near the Canal de l’Ourcq and the Seine, within a residential and commercial environment with diverse educational institutions and catering shops. The asset also benefits from good public transport connection as a result of its proximity to metro line 7 and RER E.

In line with its value-add strategy and sustainability approach, Abenex (B-Corp certified and purpose-driven company) aims to significantly improve the asset’s energy and environmental performance, accessibility and reception capacity, through best-in-class renovation.

Investment date

December 2023

Surface

4 500 m²

Construction

1864

Property type at acquisition

Exit date

Exit process

“Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.