GermanyOffice complexOffice complex
The office and retail property Q21 is located in Hamburg-Barmbek, a city quarter north-west of the city center and north of the CBD. It was constructed in 2012 and offers a total lettable area of c. 19,252sqm with 4-7 floors above ground, one underground floor and around 300 underground parking spaces. The building complex was constructed with two L-shaped building parts that can be operated individually from a technical point of view. The asset is currently 100% leased to 8 tenants. Hochtief is the sole office tenant, having most of the office space subleased. There are four retail tenants (supermarket, organic foods shop, drugstore, bank) and three gastronomy tenants on the ground floor. Q21 offers great accessibility via public transport, located 5min walk away from two subway stations. Ardian Real Estate intends to comprehensively refurbish the façade as well as common areas for the tenants’ wellbeing.
SpainOffice complexOffice complex
Project Cocktail is the first investment by Ardian Real Estate Europe Fund II in Spain. Built in 1992, the c.9,300sqm office building is located in a central urban area near AZCA, Madrid’s main financial district, and within the M-30 inner ring road. It is currently 100% leased to a single tenant, that has occupied the building for over 20 years.
The building has five floors (ground floor and four upper floors) and has c.160 underground parking spaces across three floors. The large parking area is a clear differentiating factor with respect to other buildings inside Madrid’s urban area.
Ardian Real Estate intends to carry out a refurbishment of the building, to adapt it to current market standards.
GermanyOffice complexOffice complex
Built in 1989, the office complex was last renovated in 2010 and spreads across five to eight stories, with around 31,000 square meters of rental space available. The property is situated in Frankfurt’s prestigious Westend district within proximity to a host of shops, restaurants and parks. The property is located downtown and well connected via four commuter rail and underground stations, with both the Alte Oper and the financial district within a short walking distance. The building complex, is fully air-conditioned and grouped around green interior courtyards. It offers more than 300 parking spaces underground and the modular design enables all widely used office space utilization metrics. Ardian Real Estate intends to undertake extensive upgrading measures, to achieve sustainability certification, redesign common areas, signage system and outdoor facilities.
FranceOffice complexOffice complex
106 rue du Temple is a c.7,500 sqm office building, formerly a telecommunication building, built in 1927. Located in the dynamic district of “Le Marais”, the building includes unique characteristics, such as an industrial architectural style, outstanding ceiling heights and 360° view on Paris. The team plans to completely reposition the asset by converting it from high-rise to low-rise whilst enhancing its panoramic views of Paris. The project, entrusted to Franklin Azzi Architecture, will transform the historic building into a modern and unique building with services (accessible rooftop terrace, efficient office layouts and services on lower floors).
The property will meet the highest industry standards from technical and environmental standpoints as illustrated by the various green certifications (BREEAM, HQE, Effinergie, Wiredscore) targeted.
In July 2021, Ardian Real Estate signed a lease for 100% of the office space with Ledger, a leading global net economy player in the field of cryptocurrency.
ItalyOffice complexOffice complex
This 7,000 sq.m building is located in Milan, Piazza Fidia 1. Built in 1968, the free-standing office building in Milan's dynamic Isola district is strategically located half-way between Porta Nuova and Scalo Farini, a disused railway yard due to be fully redeveloped as part of a wider redevelopment plan for the area.
This 3,800 sqm Haussmann-style complex is located in Paris, in the historic Opéra - Louvre district. It is composed of 2 existing buildings connected around a courtyard. It was formerly occupied by apartments and offices, and in fact, mainly organized in partitioned and not old plans.
Access: the building is located in a sought-after and well-established neighborhood, easily accessible by public transportation (3 main metro lines are less than 5 minutes away on foot, connecting the main Parisian centers).