Open economy, greater well-being, green living
As the power of digital continues to transform the modern workplace, office spaces are becoming increasingly flexible and collaborative. The office is becoming a place of convergence and interaction, a friendly and social meeting place that is able to reinvent itself to remain vital. Buildings are becoming smarter, able to produce their own data, and to communicate and interact with their environment.
Influenced by examples of the net economy and start-ups, employees are seeking new services to facilitate their work, daily lives and wellbeing. Office buildings are becoming more open to the outside, able to optimise the use of services by sharing them with other companies and even with the inhabitants of neighbouring buildings, often outside working hours. The “Reinvent Paris” project in the 17th arrondissment of Paris is one example of such integration. The project combines residential, commercial and office spaces in a multi-strata building with multiple green spaces and services for well-being.
Finally, buildings are also becoming greener, with gardens, patios, green roofs, urban agriculture, green walls, etc. Offices are increasingly connected to alternative energy sources—including solar panels, biomass and geothermal—resulting in positive-energy buildings able to produce more power than they consume. The trend of green offices has led to projects like the Arboretum in Nanterre, France. The building structure is partly made of wood, with bio-sourced materials that produce energy for 75% of the building’s heat and air-conditioning.
Growing European investment in office real estate
Office take-up in Western Europe increased by 3% in 2016, rising for the third year in a row as the Eurozone’s economic recovery continued.
Office take-up in the main European cities amounted to 11.4 million sq m in 2016 and reflected a rise of +2% compared to 2015, on the back of a recovering labour market., 2016 saw the best performance since 2007. While Central London dropped by 17%, the Central Paris office market finished the year with a 9% increase over 2015.
Your partner in European office real estate
Offices are our core business. As the European leader in office real estate, BNP Paribas Real Estate understands the full range of your evolving needs. Covering all segments of the market, our team is able to guide and support you in choosing the right office location based on accessibility, transportation, rental costs, functionality, environmental sustainability and more.
As one of our clients you will be assigned a sector expert equipped with comprehensive knowledge of your geographical area of interest. Our research teams are locally based in order to provide you with ongoing intelligence reports and office market trends.
We offer the following comprehensive services to help you meet your targets:
- Analysis, portfolio optimisation and benchmarking
- Property and location strategy
- Locating business premises
- Identifying investment opportunities and property selection
- Office construction and turnkey rentals
- Finding tenants and renting
- Office property valuations
- Lease renegotiation
- Lease management outsourcing
- Property and facilities management
Our highlighted projects
Our headquarters just outside of Paris is a flagship for our dedication to new working methods and connected working, with a very high importance placed on environmental responsibility / Architects: SCAU / 24,000 sq. m.
Headquarters to Coca Cola France and Rocher Group, this twin complex boasts the highest environmental grading in Europe, achieving the HEQ Level “Exceptional” and LEC Effinergie+ Label. Because a property project represents a significant long-term investment, we develop solutions to create high added-value buildings and therefore to sustain the investment in the long term. Our network of technological innovation specialists, design offices and industrial partners accompany us in searching for creative and efficient solutions, to anticipate the future and to develop sites for tomorrow’s ideas. / Architects: Jean-Paul Viguier Associés / 48,500 sq. m.