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Transactions - NOVEMBER 2, 2021

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Unibail-Rodamco-Westfield partners with AXA IM Alts to develop Triangle Tower project in Paris

by Released

Unibail-Rodamco-Westfield has signed a co-investment partnership with AXA IM Alts, a global leader in alternative investments acting on behalf of clients, for the Triangle Tower, a major new development in Paris.

The Triangle Tower creates a significant, lively urban space for Parisians, linking to the city of Issy-les-Moulineaux, and contributing to the creation of a new destination within the metropolitan region by combining office space with amenities including a conference center, street level shopping, restaurants and a hotel.

Isabelle Scemama, global head of AXA IM Alts and CEO of AXA IM Real Assets, said, “The Triangle Tower project is a flagship project for the city of Paris and its region. It has been designed as a particularly innovative location and will benefit from the best environmental certifications, notably in terms of energy efficiency and carbon footprint. We are proud to be associated today with this unique and emblematic project alongside URW.”

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