Gecina signs a lease for 11,600 sq.m, taking the Carré Michelet building’s letting rate up to 83%

Gecina has signed a lease with a leading advisory group for 11,600 sq.m of the Carré Michelet building in La Défense for its French headquarters.

This new nine-year lease will come into effect on October 1, 2022. This transaction takes Carré Michelet’s letting rate up to 83%.

Delivered at the end of 2019 following an ambitious redevelopment operation, Carré Michelet, a non-high rise building, offers a total of 37,100 sq.m, with 1,400 sq.m of accessible outdoor spaces, including terraces, an interior garden area and balconies. It combines workspaces with a business center, a concierge office, various dining areas and a gym.

Carré Michelet illustrates the ambition set out with YouFirst, the client-centric brand developed by Gecina, which aims to build strong, lasting relationships with all of its clients.

Valérie Britay, Deputy CEO in charge of Gecina’s Office Division: “This transaction recognizes our value proposition with YouFirst Bureau. Thanks to its innovative redevelopment and the quality of its spaces, this building offers a modern collaborative environment for its occupants”.

On this operation, Gecina was advised by the law firm Lacourte Raquin Tatar.