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According to our information, this outdated building of 3,300 sq m located in 8th district of Paris was acquired at the end of 2022 by the club deal Anaxago Capital / Axe Immobilier Développement from Pimco Prime Real Estate (ex-Allianz Real Estate). According to our sources, this building – which will ultimately not be part of the office properties reserved by the City of Paris in which owners have the obligation to include affordable housing when they are converted or undergo major restructuration – is valued at € 53,5 M. A building permit for a 100 % office rehabilitation was filed on April 14th.

There is a Parisian value add investment asset, signed after the 2022 SIMI exhibition which to date, has not been subject to any communication - despite a classic tender process. According to our information, the 33 Miromesnil, a building owned for decades by Pimco Prime Real Estate (ex-Allianz Real Estate) was acquired by Anaxago Capital and Axe Immobilier Development. Specifically, alternative investment specialist holds 80 % of the SCCV (civil construction-sale company) 33 Miromesnil while the real estate developer owns 20 %. The vendor launched the marketing process for this outdated building in Spring 2022, before entering into exclusive negotiations with this tandem in June. According to our sources, this property, located in the Central Business District of Paris also attracted interest from other bidders, including the Urgo Group and a multi family office. The sales agreement occurred in August 2022, during the sharp rise in interest rates and post-energy shock. The sale of 33 Miromesnil went through to completion – the final signing took place exactly on Décember 19, 2022 – while over €3.5 billion in transactions were dropped in Paris and the Paris Region during the Summer in the midst of the Summer. 

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