STAM takes delivery of new office building within first, carbon neutral city-quarter in Paris

Paris, February 3rd 2022 – Two years after signing the forward purchase contract for the Tribu office building with Linkcity, STAM, on behalf of its Madeleine fund, has taken delivery of this first phase of the Ilot Fertile – Triangle Eole Evangile urban development project in the 19th arrondissement of Paris.

On a former industrial site of 1.3 hectares, Ilot Fertile brings together an urban logistics base, shops, apartments, subsidized and intergenerational housing, a youth hostel and urban sports center, and the Tribu office building.

A model of mixed use, Ilôt Fertile also embodies the city of tomorrow, exemplary in environmental terms. In particular, it is the first city-quarter in Paris to have made a commitment to be carbon neutral over 10 years.

Within this complex, the Tribu building has just over 7,000 square meters of state-of-the-art office space, terraces and gardens, allowing future users total flexibility in terms of layout, on vast, light-filled floors of an average of 1,000 square meters.

The building benefits from numerous environmental certifications. In particular, it has been awarded the BREEAM Excellent, HQE Excellent and Biodivercity labels.

Located in the heart of a dynamic neighborhood already established and soon to be strengthened by the completion of the Ilot Fertile project, Tribu offers its users immediate proximity to numerous services and a strong connection to public transportation (with a direct train access to the CBD in 7 min and La Défense in 15 min).

“We are pleased to participate in the success of this urban renewal project through the delivery of Tribu. Designed with a strong focus on environmental quality and the well-being of occupants, the building is uniquely positioned in its market and will perfectly address the concerns of future tenants,” said Edward Bates, CEO of STAM Europe.

STAM Europe and STAM FIM

STAM Europe is a real estate investment manager. Since its creation, STAM Europe has invested around €4.5 billion in all major sectors of the real estate investment market, deploying strategies adapted to the level of risk and return expected by its clients. STAM Europe manages assets held by investment funds, as well as investment strategies on behalf of investors, in separate accounts.

STAM France IM is a Portfolio Management Company approved by the AMF since 2008 and specialized in the management of OPPCIs.

STAM Europe has invested more than €1 billion in the logistics sector in France over the past 5 years.

In 2020, STAM Europe and its subsidiaries were integrated into CORESTATE Capital Group, a major player in the European real estate market with approximately €28 billion of assets under management.

Contact

Samantha Sudre Roux
Investor Services Director
T +33 (0)1 55 35 98 30
www.stam-europe.com

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