The scheme will involve the creation of 280,000 sf of prime new offices behind the listed facade on place Vendome and 33,000 sf of modern retail space in four medium-sized units fronting rue Saint Honoré. Construction is due to start in late 2003, subject to market conditions.
Gerard Devaux, Hammerson's Managing Director Continental Europe, said: "This is one of the best locations in central Paris for both offices and shopping. We are delighted with this joint venture with AXA, which I believe demonstrates Hammerson's strong reputation in the French market."
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
