Alternative investment manager AXA IM Alts has acquired, on behalf of its clients, a 12 hectar land plot in Bry-sur-Marne and Villiers-sur-Marne, Paris, from Nexity. Financial details were not disclosed. The site includes one of France’s largest film & series studios, Studios Bry. The transaction represents AXA IM Alts’ first in the fast-growing studio sector, where rapid growth in demand for original content from broadcasters and streaming services, as well as continued demand for feature film content, is underpinning increasing global demand for purpose-built studio space, the firm said.
Bry-sur-Marne studios currently provides 5,600 sqaure metres of studio space across eight stages, ranging from 300 square metres to 1,100 square metres, in addition to extensive production accommodation of 20,000 square metres comprising workshops, offices, assembling sets and costume and artist dressing rooms. Located 9 kilometres east of Paris, Bry-sur-Marne studios benefits from its proximity to both Orly and Charles de Gaulle international airports.
Source: propertyeu.info on the 6th of June 2023
https://propertyeu.info/Nieuws/AXA-IM-Alts-enters-studio-sector-with-Bry-Studios-deal/5578c363-07fc-43fa-af1b-ee96e865c136