Grosvenor and the MANE Group have signed a sale before completion (VEFA) for a 2,500 sq.m building at 85, rue Anatole France, in Levallois-Perret (92). MANE will set up its new fine fragrance creation centre there. The site will include approximately 500 sq.m of high-tech laboratories designed jointly by the Grosvenor Europe and MANE Group teams.
Catella Property advised MANE on the VEFA acquisition of its new headquarters in Levallois-Perret
Grosvenor acquired this obsolete 1,500 sq.m 1970s office building located at the foot of the Anatole France metro station in Levallois-Perret in June 2019. The new project will leave a lot of space for outdoor areas (garden, terrace, balconies) and will have a 150 sqm. roof top. Grosvenor's intention is that this building should meet a high level of environmental requirements: in addition to obtaining BREEAM "Very Good" certification, the use of exclusively electric machines to demolish the building, the recycling of almost all site materials (90%, i.e. almost 4,500 tonnes) and the increase in green spaces in the open air are all part of the implementation of this objective.
It should be noted that, as part of the compensation mechanism for obtaining office approval, Grosvenor Europe participated in the financing of a social housing construction operation in Levallois-Perret.
The construction work will start in the first quarter of 2022 for delivery in 2023.
Source : Immoweek