Deka Immobilien buys office property in central Paris

Deka Immobilien has completed the purchase of a historic Haussmann-era office building in Paris for roughly EUR 100 million. The property was acquired for the Deka-ImmobilienEuropa open-ended fund, with the seller identified as an institutional investor.

The building, located at 10 Avenue Hoche in the 8th Arrondissement, provides around 4,500 sqm of office space along with 37 parking spaces. It is fully leased on a long-term contract to the international law firm Mayer Brown. Originally constructed in the 19th century during Paris’s Haussmann redevelopment, the property underwent a full renovation in 2017. It includes flexible layouts and several amenity areas, including outdoor spaces, dining and lounge zones, and wellness facilities.

Situated close to the Arc de Triomphe and the Champs-Élysées, the location is regarded as one of the capital’s most established business districts. The building holds BREEAM certification and an “Excellent” rating under France’s HQE environmental scheme.

According to Deka Immobilien, the acquisition strengthens the fund with a modernised asset offering stable long-term income and recognised sustainability standards in a core Paris location.