Office property

Our conviction

Ile-de-France (the region surrounding Paris) is now one of the more sought after locations for property investments in Europe, it is one of the largest office building property areas in the world with more than 52 million m2.

This is a market with solid fundamentals (high demand, limited offer, attractive risk premium), it has developed its ability to attract through transparency, dense public transport networks and a diverse office property offer. The Grand Paris projects, with the renewed attraction of the ‘Défense’, have redefined the map of attractive commercial property markets.

Investment strategy

Office building investment and asset management is a fundamental part of Primonial REIM France’s DNA.

Investment market developments - record investment volumes and measured/rental values - in conjunction with an environment where the potential for the compression of long term products seems limited, must lead us to generate future value, whilst remaining defensive, by targeting:

  • Off-plan projects and assets to be restructured in mature and deep markets (“build-to-core”);
  • Property with a significant reversion potential: either driven by a regional dynamic (public transport in ‘Grand Paris’, the development of a commercial zone, changes to a Local Urbanisation Plan, etc.), or related to a terminated leasing reversion (low rent assets or repositioning in their rental market);
  • “Core” properties, where the two primary investment decision criteria continue to be the location and rental amounts in practice.
bureau SCPI Primopierre

The team

Our teams include a high level of office specialised investment and asset management skills.

We can also rely on the support of our dedicated Property Management subsidiary: Sefal Property

Julie Duvillier-Raoul Directeur Développement Institutionnel
Julie Duvillier-Raoul Corporate Finance & Institutional Development Director

Robin Schreder Responsable Investissements Bureaux
Robin Schreder Office Investments Manager

9 years of experience
Office Investments team: 3 people

Fabien Cabot Responsable Asset Management Bureaux
Fabien Cabot Office Asset Management Supervisor

15 years of experience
Office asset management team: 12 people

Our publications

Primonial REIM real estate convictions : 3rd quarter 2023
  • Market review

Primonial REIM real estate convictions : 3rd quarter 2023

16/11/2023 By Henry-Aurélien Natter

A new phase is taking shape, with the ECB's stated intention to leave rates unchanged, thereby giving investors greater visibility.

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Real estate outlook: September 2023
  • Market review

Real estate outlook: September 2023

18/09/2023 By Henry-Aurélien Natter

Although considerable uncertainty persists in the short term, given the inflationary context and geopolitical tensions, the real estate market offers solid fundamentals.

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Real Estate Convictions Europe : 2nd quarter 2023
  • Market review

Real Estate Convictions Europe : 2nd quarter 2023

07/09/2023 By Henry-Aurélien Natter

Although some economies contracted towards the middle of the year, global growth could prove more resilient than predicted over 2023 as a whole. Despite continued high levels of uncertainty, several positive factors for the economy have emerged.

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