Barings Acquires Office in Paris’ Prime Central Business District
Barings, one of the world’s largest diversified real estate investment managers, has acquired a fully-let office building in the centre of Paris, on behalf of a European core real estate strategy. The vendor is a French institutional investor.
The asset is a 1990s landmark office building in Paris’ central business district, in front of the city’s former stock exchange, and is the result of a full restructuring in 1992 by famous architect, Ory. It is made up of 8,275 sqm spanning over seven upper floors and three basement levels. It offers large, functional floor plates, a rarity for the area, and includes a rooftop, terraces and a 600 sqm ground floor central patio. The asset has an EPC C rating and is connected to the urban heating network CPCU, significantly reducing carbon emissions.
Located in the French capital’s dynamic office district alongside the headquarters of a number of finance, tech, media, and luxury firms. The asset has excellent public transport connections, with Bourse station (line 3) 1 minute away and metro lines 8 and 9 less than 250 metres away on the Grands Boulevards. The 2nd arrondissement also offers a good balance between offices and leisure, with a variety of amenities nearby.
Barings was advised by Oudot (notary), LPA Law (legal and tax), Delpha Conseil (Technical), Carb0n (ESG), Colliers (commercial), ANTEA (environmental).
The transaction was marketed by Strategies and Corp.
The property management will be carried out by Cushman & Wakefield, and the asset will be held in an OPPCI managed by Edmond de Rothschild.
Both parties agreed not to disclose financial information.
Guillaume Bieganski, Managing Director and Country Head France at Barings Real Estate, said: “The market continues to see strong demand for modern, flexible and ESG-compliant office space in central Paris. Combined with limited Grade A stock, this has driven continued rental growth. Offices in city centre locations with the ability to generate additional value remain highly attractive to us, and we will continue to pursue similar opportunities going forward.”
Gunther Deutsch, Managing Director and Head of Real Estate Transactions Europe at Barings Real Estate, said: “This acquisition marks the largest office acquisition Barings has executed in the past five years and reinforces our commitment to offices in prime European city centres, whether existing assets with upside potential or as a partner for entirely new developments. The office sector, together with the living and logistics sectors, remains a key area of focus for us. We will continue to look for similar acquisitions in the Nordics, the Netherlands, Germany, UK, Italy, France and Spain throughout the year on behalf of our core, core+ and Value add capital sources.”
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Barings Real Estate
Barings Real Estate (BRE) is a part of Barings and offers a broad range of global investment opportunities across the private debt and equity investment markets. BRE invests in all major property sectors and offers an expansive range of financing solutions to real estate borrowers. Follow us on LinkedIn at linkedin.com/showcase/barings-alternative-investments.
About Barings
Barings is a $481+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions. Learn more at Barings.com.
*As of December 31, 2025
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