21 boulevard de la Madeleine, French Retail Property, Hammerson Office Development, Location, Owner
Les Trois Quartiers Paris
Parisian Office Building, France, mixed-use development for Hammerson on boulevard de la Madeleine
27 Nov 2007
Les Trois Quartiers Offices
Address: Les Trois Quartiers, 21 boulevard de la Madeleine, Paris 1er
Size: 29,700 m²
Acquired: 2000
Ownership: Hammerson 100%
No of tenants: 25
Tenure: Freehold
Average rent: £410/m²
Les Trois Quartiers, a 1930’s building, was acquired by Hammerson in 2000 and refurbished in 2002.
The mixed-use scheme provides 17,900 m² of office accommodation on six levels, and 11,800 m² of retail space on ground and first floor.
The building houses 25 office and retail tenants, including Barclays, White & Case, Décathlon and Madelios. The scheme includes 192 parking spaces.
Les Trois Quartiers Paris – information from Hammerson PR in 271107
Location: 21 boulevard de la Madeleine, Paris, France, western Europe
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Hammerson plc has completed the sale of its freehold interest in Les Trois Quartiers, a 29,700m2 retail and office building in Paris 1er, for a total consideration of €210 million (£181 million). The purchaser is MGPA Europe Fund III. The proceeds will be used by Hammerson to reduce net debt.
soruce: 21 boulevard de la Madeleine Paris
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The Boulevard de la Madeleine is one of the four ‘grands boulevards’ of Paris, France, a chain of roads running east-west that includes the boulevard de la Madeleine, the boulevard des Capucines, the boulevard des Italiens and the boulevard Montmartre.
The boulevard is named after the nearby Église de la Madeleine.
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