Off-plan sale for a service sector project

1 February 2014 - New contracts - France

In Boulogne-Billancourt, by Paris, VINCI Immobilier and Nexity, as co-developers, have just signed a contract with Deutsche Asset & Wealth Management for the off-plan sale, for €104m, of the In Situ office building. Executed and marketed by VINCI Immobilier and Nexity, the project will provide 12,200 sq. metres of office space over seven storeys, a staff canteen, a crèche, 480 sq. metres of retail space and 203 parking spaces.
Handover is scheduled for late 2015. The aim is for the building to achieve HEQ and BREEAM certification, ranking: “Very good”.