STAM closes first office investment in the Paris CBD for the Madeleine Fund

STAM France IM, on behalf of the Madeleine fund, has secured a 1,150 sqm fully let office property in the 8th arrondissement of Paris, at the heart of the central business district, near the Saint-Lazare train and metro station.

The asset, originally a private mansion built in the 19th century, offers a prestigious entrance, functional areas organized around a courtyard and terraces.

The Madeleine Fund, an open-ended commercial real estate fund focused on investments in office and retail assets in France, is managed by STAM on behalf of Helaba Invest’s funds of funds and its strategic partners.

In this transaction, Madeleine was advised by Xavier Jancène from Allen & Overy and François Gauthier from l’Etude Lasaygues.

Source: STAM