La Française Real Estate Managers, a real estate asset management firm with over 26 billion euros in assets under management (as at 30/06/2025), announces the acquisition of an iconic office building located at 21 rue de Bruxelles, in the 9th arrondissement of Paris, on behalf of the Établissement de Retraite Additionnelle de la Fonction Publique (ERAFP).
A former private residence, fully redeveloped in 2021, the property offers 1,000 m², spread over 4 floors and a basement, complemented by a 100 m² landscaped garden. The building is NF HQE certified (Excellent level) and stands out for the quality of its amenities, which include collaborative workspaces, a fitness room, a screening room and relaxation areas.
Ideally located between Gare Saint-Lazare and Place de Clichy, in the heart of a dynamic environment, favored by companies in the tech, media and consulting sectors, the building is easily accessible.
The building is fully leased to a major coliving operator in Europe, which has chosen the property to establish its headquarters.
Antoine LE TREUT, Deputy Managing Director, in charge of La Française REM’s institutional division for France, stated, “This acquisition illustrates our responsible and selective investment strategy, focused on quality assets that are well located and offer strong long-term value potential. This property combines historical heritage with environmental performance in a dynamic Parisian neighborhood. We are delighted to have collaborated with ERAFP on this flagship project.”
La Française REM was advised by Attal & Associés (Julien CAHEN), Fairway (Alexandre POUPARD), CWS (William STEMMER), Catella Property (Nicolas HUMANN), IKORY and Burgeap.
About La Française
La Française, the asset management division of the first benefit corporation bank, Crédit Mutuel Alliance Fédérale, offers conviction-based investment strategies across all asset classes, combining performance targets and sustainability objectives. As a multi-specialist asset manager, its teams focus on their core expertise while integrating advanced ESG principles into their analyses and investment processes. La Française operates across listed and unlisted markets, including real estate. With over €160 billion in assets under management*, 1,000 professionals and a presence in 10 countries, La Française designs innovative investment solutions tailored to clients’ objectives and investment horizons.
* 30/06/2025
More information about la-francaise.com
Contact La Française :
Pascale Cheynet +33 1 43 12 64 25 | pascale.cheynet@la-francaise.com
Debbie Marty +33 1 44 56 42 24 | deborah.marty@la-francaise.com
Disclaimer
Issued by La Française Finance Services, whose registered office is located at 128, boulevard Raspail, 75006 Paris, France and authorized by the ACPR ("Autorité de contrôle prudentiel et de résolution") under no. 18673 as an investment service provider.
The portfolio management company La Française Real Estate Managers received AMF accreditation No. GP-07000038 on 26 June 2007 and AIFM accreditation on 24 June 2014 under Directive 2011/61/EU (www.amf-france.org).
