Ardian, one of the world's leading private equity houses, acquired a 70% stake in the 53,000 square meters Pointe Amont de l'Île Seguin project, located on the Seine in Boulogne-Billancourt, in close vicinity to Paris. This is one of Ardian’s largest property investments to date.
The project will be co-developed with Emerige, a developer committed to urban transformation, and AOG, a private investment company. The large-scale development will create a fully integrated, mixed-use environment in the heart of the Vallée de la Culture and the ZAC Ile Seguin Rives de Seine developed by SPI Val de Seine Aménagement – a tertiary, leisure, tourist and cultural zone, located close to the headquarters of major companies as well as to several public transports.
Work began in August 2022 and is expected to be completed by late 2025.
The project consists of 3 buildings:
A 22,000 square meters mixed-use building with a cultural focus designed by Catalan firm RCR Arquitectes (Pritzker Prize 2017) and French agency CALQ Architecture. The building will house shops, a Pathé Cinéma Multiplex with innovative and state-of-the-art auditoriums, and a cultural center as well as offices, steps away from the Seine Musicale and the Albert Kahn Museum.
A 4-star hotel designed by the Austrian agency Baumschlager Eberle Architekten. The hotel will target 220 rooms, offering an exceptional setting for business guests and tourists. The space will include bars and restaurants with terraces, a business center, a swimming pool overlooking the Seine and balconies offering direct views over Paris and the Seine.
An office building also designed by RCR and CALQ offering 16,000 square meters of prime office space. These different but connected and complementary buildings will offer a unique experience for businesses, residents and tourists.
"With this project, we are signing what will be one of our finest achievements at Ardian Real Estate and one of our largest investments to date. Île Seguin is an exceptional site which is ripe for further redevelopment to the highest standards. This project will bring a new lease of life to the area while respecting its heritage and history. With our expert partners Emerige and AOG, we will make the Pointe Amont de l'Île an attractive mixed-use area that is respectful of the surrounding environment and provide a perfect setting for people who want to live, work and relax.” Stéphanie Bensimon, Head of Ardian's Real Estate Activity.
Source: ardian.com on the 5th of September 2022
https://www.ardian.com/press-releases/ardian-takes-majority-stake-pointe-amont-de-lile-seguin-project-alongside-emerige