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M&G Real Estate signs up three new tenants at Paris business park


M&G Real Estate has completed three new leasing agreements totalling 6,700 square metres of office space at its French business park development, Le Val Saint Quentin – Voisin le Bretonneux in the Ile-de-France region.

The three new tenants include two major construction companies based in the region. The first has taken 3,000 sq m on a nine-year lease with the second taking 900 sq m. A global pharmaceutical company has also signed a 10-year lease on 2,800 sq m.
 
The 27,000 sq m business park is managed by M&G Real Estate and comprises nine buildings, ranging between 2,500 and 6,200 sq m. It is home to around 15 companies. M&G Real Estate is in the process of securing a BREEAM Good certification on two of the buildings.
 
Elénore Zarrabi, associate director, asset management (France, Benelux and Nordics), at M&G Real Estate, says: “We are very happy to welcome these three high calibre businesses to Val Saint-Quentin. This well located business park offers modern efficient floorspace set in a high quality landscaped environment, which meet a range of occupational requirements.”
 
M&G Real Estate was advised by JLL and DBX.

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